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Bullboard - Stock Discussion Forum Karnalyte Resources Inc T.KRN

Alternate Symbol(s):  KRLTF

Karnalyte Resources Inc. explores and develops potash and magnesium products in Canada. It owns 100% interests in Wynyard Potash project comprising subsurface mineral leases KLSA 010, KL 247A, and KL 246 covering an area of 367 square kilometers of mineral rights located in Wynyard, Saskatchewan. The company was incorporated in 2007 and is headquartered in Saskatoon, Canada.

Bullboard (TSX:KRN)

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Comment by bigkaganon May 14, 2022 2:24pm

RE:RE:RE:RE:RE:RE:RE:Q1 Financials / MD&A out

Well, Ercosplan was involved with Wynyard back in late 2010's when there was a push to develop the mine, but the efforts failed and since then nobody heard of Ercosplan until now - so the ...more  
Post by mdjbrownon May 14, 2022 11:13am

Interesting comment in the press release that answers a few

questions about the Wynyard Potash Project "All environmental permits remain valid, preliminary detailed engineering is complete, and the existing offtake agreement with Gujarat State ...more  
Comment by mdjbrownon May 13, 2022 10:29pm

RE:RE:RE:RE:RE:RE:Q1 Financials / MD&A out

bk, not sure if you are new here, but you are certainly reading a lot into those comments. As others have already stated, Ercosplan has been involved since day one of the initial Wynyard T.R ...more  
Comment by bigkaganon May 13, 2022 7:30pm

RE:RE:RE:RE:RE:Q1 Financials / MD&A out

As I understand it, they've hired ERCOSPLAN for a different purpose than Wood: "Company engaged industry leading solution mining and engineering firm ERCOSPLAN ingenieurgesellschaft ...more  
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Comment by ohjeezuzon May 13, 2022 4:56pm

RE:RE:RE:RE:Q1 Financials / MD&A out

i dont know if thats a good sign.I guaruntee you wood did not give them the report they were looking for so they went back to ecospan
Comment by bigkaganon May 13, 2022 4:01pm

RE:RE:RE:Q1 Financials / MD&A out

Yeah but initially the update was supposed to be done by Wood and not Ecospan, why did they add Ecospan all of a sudden? These guys are experts at mine planning and construction and the fact that KRN ...more  
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Comment by fishtruthon May 13, 2022 3:07pm

RE:RE:Q1 Financials / MD&A out

BK Ercospan has been the Karnalyte engineering firm all along and author of their first 43-101. I don't understand how it can take so long to update the report. Nothing has changed at the site ...more  
Comment by bigkaganon May 13, 2022 9:52am

RE:Q1 Financials / MD&A out

Wow, I like that they've hired a German solution mining company which shows that they're really serious about developing a mine this time
Post by mdjbrownon May 12, 2022 11:41pm

Anyone??????

How is it possible to recover $209,000 as income on a decommissioning liability due in 2038. Other income: "for the three month period ended March 31, 2022 were $217,000 compared to $190,000 ...more  
Post by mdjbrownon May 12, 2022 11:26pm

Q1 Financials / MD&A out

Karnalyte has net working capital of $1M at March 31 2022-05-12 22:46 ET - News Release Mr. Danielle Favreau reports KARNALYTE RESOURCES INC. ANNOUNCES 2022 FIRST QUARTER RESULTS Karnalyte ...more  
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Comment by fishtruthon May 12, 2022 4:08pm

RE:RE:RE:RE:Stock down ahead of the New NI 43-101

Cash value only 12 cents.
Comment by bigkaganon May 12, 2022 3:20pm

RE:RE:RE:Stock down ahead of the New NI 43-101

I'm afraid that by the time this update arrives the SP will be hitting 30 cents the way things are going, they better hurry up
Comment by mdjbrownon May 11, 2022 10:44am

RE:RE:Stock down ahead of the New NI 43-101

bk, it will be interesting to see how the substantial increase in just about everything the last 2 years affects both the CAPEX and OPEX of the project. Natural gas has gone up drastically and is the ...more  
Comment by bigkaganon May 09, 2022 3:28pm

RE:Stock down ahead of the New NI 43-101

Why should the report be bad, they still have the same amount of potash in there, it didn't evaporate, heh
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