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Karnalyte Resources Inc T.KRN

Alternate Symbol(s):  KRLTF

Chemicals Consumer Cyclical Advertising Agencies Basic Materials
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

Karnalyte Resources Inc > take out target.
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Comment by ohjeezuzon Mar 28, 2022 2:32pm
110 Views
Post# 34552876

RE:take out target.

RE:take out target.hints as to what they will do reside in managements experience. Anyone know about Daniel Favreau's (CEO) experience? Looks like she hasnt done a lot of mine building or selling. I'd say they take this potash price run up to shop the company around to a new ceo.

A new CEO would be a good catalyst as well. god dam there are so many good things that could happen to this stock. 
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