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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.


TSX:KRN - Post by User

Comment by mdjbrownon Aug 28, 2021 7:53pm
231 Views
Post# 33778879

RE:RE:RE:RE:RE:RE:RE:RE:For centuries a proven strategy has been successful in war

RE:RE:RE:RE:RE:RE:RE:RE:For centuries a proven strategy has been successful in warbiz, I get it.  There is no love lost and you have blamed Mr. Phinney for all the downfalls of the company for years.

Problem with that line of thinking is he was only within the company walls for 3 of the last 8 years, so your finger pointing holds zero credibility. The other 5 years have been a money burning mess

It is argued GSFC has controlled the board and treasury since 2013, so again there needs to be transparency and accountability if that is in fact true.

Numerous CEOs including Mr Phinney, followed by Mr Drolet, followed by Mr Goodman,  followed again by Mr Phinney,  followed by Mr Rowan, followed by Mr Wheatley have all tried to get the Krn engine running, but at the end of their tenure, their struggles become public and the brakes holding things back appear to be by one entity.

It will be interesting to hear from the current interim CEO, once she hangs it up.

If you really think all of these different CEOs with different ideas coming from completely different corporate backgrounds couldnt come up with something, that is absurd, and yet here we are!

Read Mr Wheatley's Affidavit if you require "evidence"      Lots of valuable information within that sworn document clearly spelling out the problem.
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