Karnalyte Resources Inc T.KRN

reaching new highs

[cuzzman]

does anyone know why this is going up leaps and bounds in last month?

[patospower]

Because the price of potash is popping OFF. Krn has a very attractive, construction-ready, scaleable asset in its hands. It's going to sell like hot fresh bread. So long as KRN doesn't pull down its pants and squat over it, there'll be buyers for this bread. Unfortunately, many pants have been pulled down, and many squats were had over fresh bread in the past years at KRN. New

[cuzzman]

thx for your insight, i was leaning towards a take out offer. speculation on my part.

[patospower]

There could be but then the share price would be fully accountable to insider trading. It's more in line with Occam's that everybody is speculating on a takeout based on present market conditions. Or it could be insider trading. Totally illegal, but ya know...

[Smalliguy]

Supply and Demand!  Even junior mining stocks, that are legit, move up and when there are supply issues. The stock will hit $2.00 and will than take a rest.

[ohjeezuz]

This thing was bound to go up at some point. so much potential

[ohjeezuz]

Patos what are the main risks you see with this stock?

[TradeTracer]

I read there Karnalyte was allowing nominations to the board, I potentially see this latest activity as being maybe someone (or a group) striving for shares before the upcoming AGM takes place All speculation at my end tho, if someone could reword the nomination portion to correct my understanding I would accept the definition