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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 mdjbrownon May 03, 2022 7:22pm

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Nothing like a national news story to turn the heat up

fishtruth, four of the Directors were some of Karnalytes largest shareholders prior to their becoming directors of the corporation, and doubled their shareholdings through the participtation in the ...more  
Comment by mdjbrownon May 03, 2022 6:24pm

RE:RE:RE:holy sheeeet

And therein lies the conundrum bk, as that very requisition could be put to a shareholder vote, and GSFC will carry that or any other vote as they hold almost 40% of the outstanding shares. When ...more  
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  • fishtruthX
Comment by fishtruthon May 03, 2022 3:10pm

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Nothing like a national news story to turn the heat up

I am not registered with SEDI. I have worked in the metal mining indusrty for 45 years. From my experience with BOD's most keep their independance by not holding any shares. If the KRN BOD members ...more  
Comment by bigkaganon May 03, 2022 2:33pm

RE:RE:holy sheeeet

In the upcoming AGM it will be incumbent upon the shareholders to restore the default configuration of the BOD with 3 Canadian and 2 Gujarat board members and then proceed with the financing of the ...more  
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Comment by ohjeezuzon May 03, 2022 2:19pm

RE:WATCHOUT

which platform is he on?
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Comment by ohjeezuzon May 03, 2022 1:58pm

RE:RE:RE:RE:RE:RE:RE:RE:Nothing like a national news story to turn the heat up

mdj and Okotos, how many shares do you guys own? Whats you net worth?
Post by WakeUPPon May 03, 2022 11:36am

WATCHOUT

I know aboslutly NOTHING about KRN except agpicker PUMPER has started to PUMP KRN look at his other PUMPS, PBX, LNK, LEXX, MEDV, NERD etc etc he has a "perfect" record, and it ...more  
Comment by mdjbrownon May 03, 2022 11:12am

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Nothing like a national news story to turn the heat up

fishtruth, dont forget that each member of the board that approved that Rights Offering also doubled their shareholdings at .17 cents as well. That is very easily verified on SEDI, and if I recall ...more  
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Comment by fishtruthon May 03, 2022 10:52am

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Nothing like a national news story to turn the heat up

Mr. Brown the only shareholder to profit from the rights offering was GSFC. Wheatley was the president at the time. The board consisted of Zachanowich, Matson, Szabo, Rowan Navanaty and Varma. 3 of ...more  
Comment by mdjbrownon May 03, 2022 9:01am

RE:RE:RE:RE:RE:RE:RE:RE:RE:Nothing like a national news story to turn the heat up

bk, thats the billion dollar question. Who in the corporation initiated the Rights Offering that effectively handed over control to GSFC, and how did not only the corporation, but also all ...more  
Comment by bigkaganon May 02, 2022 9:41pm

RE:RE:RE:RE:RE:RE:RE:RE:Nothing like a national news story to turn the heat up

On the BOD three out of 5 directors are from Gujarat - this thing shouldn't even be allowed in Canada. They are not allowing a foreign takeover of Canadian banks, so why did they allow this ...more  
Comment by mdjbrownon May 02, 2022 6:16pm

RE:RE:RE:RE:RE:RE:RE:Nothing like a national news story to turn the heat up

Gotta say, very impressive Okotoksboy.    You joined Stockhouse May 2019 and this is your first post. Waited 3 years to get that off your chest.........Oh the anticipation! No ...more  
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Comment by Okotoksboyon May 02, 2022 4:36pm

RE:RE:RE:RE:RE:RE:Nothing like a national news story to turn the heat up

ask Mr.Brown about his shady dealings. We wouldn't be in this mess. The Friends of Karnalyte that Mr Brown recruited joined the GSFC board members and stabbed all the shareholders in the back.
Comment by bigkaganon May 02, 2022 4:19pm

RE:RE:RE:RE:RE:Nothing like a national news story to turn the heat up

Politicians must intervene is this whole affair because the gov't is missing out on the taxes they could collect from the KRN mine and jobs it would provide because of all these shady dealings ...more