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Bullboard - Stock Discussion Forum 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... see more

TSX:KRN - Post Discussion

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Post by fishtruth on Apr 18, 2022 10:28am

future

The future looks grim. No management, no money, no interest, no plan. The write down of the asset make raising new cash almost impossible. I am amazed that the share price is where it is. Hopefully the Wood report will justify the share price.
Comment by patospower on Apr 18, 2022 12:46pm
Funny how the share price goes up 50 cents, all these randoms come out the woodwork flipping out how they're about to make $$$BILLIONS$$$, and it goes down 50 cents, the same randoms come on here and profess KRN's doomsday is nigh. Meanwhile, the business remains literally the exact same throughout this whole time frame. Like geez, make up your minds.
Comment by stockwatcher248 on Apr 18, 2022 2:37pm
time to switch to GSP.....get on whats going to be a winner.....upgrade
Comment by HermanMonster on Apr 22, 2022 7:18pm
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 ...more  
Comment by bigkagan on Apr 19, 2022 12:35pm
You've gots to look at the big picture: they have a huge load of potash in the ground and somebody will have to get it out, the world is starving and needs more food
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