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KRN.to/KRLTF...Market cap $44M. Cash approx $55M.

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Post# of 579
Posted On: 11/05/2013 10:06:28 AM
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Posted By: Doubloon
KRN.to/KRLTF...Market cap $44M. Cash approx $55M. No debt. So I quess in a roundabout way, at current stock prices, someone could take over this company, put $10M in their pocket, and own all of this...
http://www.karnalyte.com/_resources/Karnalyte-Factsheet.pdf

Current share price = C$1.55.
KRN has been beat to a pulp due to the recent uncertainty in the potash market, and is waaaaaaaay undervalued IMO. It will recover one day, and when it does, not many shares will be available once KRN starts heading up.
Time will tell.

New website...
http://www.karnalyte.com/

New presentation...
http://www.karnalyte.com/

this was someone else's research, just putting it here for future reference


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