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 > future

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Comment by HermanMonsteron Apr 22, 2022 7:18pm

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Post# 34625425

RE:RE:future

Pat

The stock price went up as a speculative play on the price of potash, it had nothing to do with what company management did or didn’t do. But the stock price is going fall because what management and the board did or didn’t do. When you go to the horse races you don’t bet on the horse you bet on the jockey. We have horse with potential, but as far as I am concerned we don’t have a jockey, we have someone that should be clean the stalls getting ton his horse for the race. Just my humble opinion.

HM

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