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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 Sep 20, 2021 11:10pm
370 Views
Post# 33890877

RE:The shills are coming out of the woodworks

RE:The shills are coming out of the woodworkslol pp,

With litigation now proceeding to the Questioning stage in the process, there is a lot of preparation involved, and as a result I will be taking a lengthy break from posting here.

I anticipate at least a couple defendants will be grilled for several hours regarding their involvement between 2017 and 2020, so the outcome should be very interesting.

All the very best to every shareholder leading into the fall. 

As natural gas prices continue to sky rocket, I am not sure how that will affect all greenfield project chances considering the biggest OPEX requirement for both solution mining for Potash and processing Nitrogen based fertilizers is natural gas.

Hopefully the New Year can shine a positive glimmer of light on our Karnalyte Resources before the treasury becomes an operational issue .

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