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Bullboard - Stock Discussion Forum Karnalyte Resources Inc T.KRN

Alternate Symbol(s):  KRLTF

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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

Karnalyte Resources Inc > Still no movement
View:
Post by patospower on Jan 02, 2024 6:02pm

Still no movement

If KRN wasn't expected to be profitable and/or couldn't attract financing at top potash prices, its fate is sealed. Splash in the hairy boardroom politics and you got yourself a classic value trap.
Comment by HermanMonster on Jan 22, 2024 3:00pm
Historical high nitrogen price – nothing on their Protteos project Historical high potash price – nothing accomplished their Wynyard project 43-101 started in 2021, still blaming covid for not completing it ESG – contracted one consulting firm to handle this, a company with one employee Had all the cards fall their way in the last three years, should focus on work and less about woke culture ...more  
Karnalyte Resources Inc
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