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 > The shills are coming out of the woodworks

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Comment by HermanMonsteron Sep 24, 2021 12:05pm

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Post# 33914165

RE:RE:The shills are coming out of the woodworks

Depending on how close previous management was to moving on the N project, they could have a locked in large percentage of long term natural gas in a 10 year contract. Gas didn't start to increase in value till this spring. A quick update on Urea fert, the local retail price at some location just hit $1000/mt, some locations don't have a price because they can't get supply.

Again I ask the question, did GFSC sabotage the N project, fire Wheatley and put in Traitor as puppet CEO?

HM

PS All the best on your court case Mr Brown

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