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 > Speculators are going nuts, volume is yuge

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Post by patospoweron Mar 08, 2022 1:47pm

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Post# 34496259

Speculators are going nuts, volume is yuge

Volatility on the stock is pretty massive. I guess if there's a time to invest in KRN, it's now. The FY earnings are going to come out in a week or 2, look for news in the press release and MD&A. If no seriously interested partner and/or financier has been identified by now, that would spell pretty bad news.

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