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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 HermanMonsteron Apr 14, 2022 11:31am
181 Views
Post# 34603908

RE:Karnalyte Karnage

RE:Karnalyte KarnageIn the last proxy fight, this CEO claimed to be a diversity candidate and that appears to be the high lite of her qualifications, the rest of her qualifications in the proxy didn’t match her resume on Linkedin. The clock is ticking on getting something going with this company, if you can’t accomplish anything when your at historical high potash prices then you are a disappointment and probably well under qualified for the position of CEO. If this fails, the stench of incompetence will follow her the rest of her life, it will just pile on another layer of odor on top of the odor that comes with being part audit committee for the Remi Modern Art gallery in toon town, in my opinion another failure that will haunt Saskatoon property tax payers for the considerable future. Can’t confirm but believe she was the chair of audit committee, which would have developed the financail modal for project. It is time for this CEO to put on the big boy pants and either make something happen or hand it off to some one who can. Just my opinion.

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