Karnalyte Resources Inc T.KRN

Alternate Symbol(s): KRLTF

Karnalyte Resources Inc. is a Canada-based development stage company. The Company is engaged in the exploration and development of its property and possible construction of a production facility and development of a potash mine. It is focused on two fertilizer products, potash and nitrogen, to be produced and manufactured in Saskatchewan. The Company owns the construction ready Wynyard Potash Project, with planned phase I production of 625,000 tonnes per year (TPY) of high-grade granular potash, and two subsequent phases of 750,000 TPY each, taking total production up to 2.125 million TPY. The Company is also exploring the development of the Proteos Nitrogen Project, which is a proposed small scale nitrogen fertilizer plant with a nameplate production capacity of approximately 700 metric tonnes per day (MTPD) of ammonia and approximately 1,200 MTPD of urea, and a target customer market of independent fertilizer wholesalers in Central Saskatchewan.

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Karnalyte Resources Inc > Farmer Logic

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Comment by mdjbrownon Dec 05, 2020 10:05am

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Post# 32043632

RE:RE:RE:RE:RE:Farmer Logic

EC, that is a fair assumption.

There have been way to many executives / directors pass through the front door and leave out the back door with a fist full of cash.

Many of them either accountants or lawyers, and I agree they often think in different terms than engineers, etc.

Problem being, again with so many execs passing through the door, many never held shares.

How many shares did Mr Goodman have? Did Mr Wheatley buy into the Rights Offering he created? Did he ever hold any shares of Krn?

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