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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 patospoweron Feb 18, 2022 4:15pm
362 Views
Post# 34443361

RE:reaching new highs

RE:reaching new highsBecause the price of potash is popping OFF. Krn has a very attractive, construction-ready, scaleable asset in its hands. It's going to sell like hot fresh bread. So long as KRN doesn't pull down its pants and squat over it, there'll be buyers for this bread.

Unfortunately, many pants have been pulled down, and many squats were had over fresh bread in the past years at KRN.

New guys on here are enthusiastic as hell about KRN (more about potash prices than KRN really) but they're young and easily exciteable.

I hope their enthusiasm is rewarded but I remain highly skeptical, and will continue to remain so until a major announcement is made. 
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