RE: Catalysts Your 5th catalyst - an update on metallurgical test results - is more crucial than ever. The geologist and stock picker Brent Cook first raised doubts about the metallurgy of our project a few months back. Just yesterday on BNN's Market Call Tonight, he reiterated this by saying "I would not buy Prophecy Platinum here because I do not understand the metallurgy". Further, Cook did not help our cause when, during a separate discussion on the same show, he said that the initial enthusiasm about minig in the Yukon has waned considerably as people realize how hard it is to mine in a remote and unproven region without any infrastructure.
Now you can like or hate this guy Cook but there is no denying that he has a large following and is very well-respected in the industry. The night before on Market Call Tonight, Rick Rule praised Cook and the work he does for Sprott.
Obviously NKL new managers need to address Cook's doubts head-on. I see we're down another 11% today...