Interesting Interesting, see page 2 of this presentation https://www.victorynickel.ca/victory_presentation/#2. They indicate that Prophecy Coal owns 5.5% of Victory Nickel's 570 million shares, which comes to 31.35 million shares.
If Victory Nickels Victory Silica Division were to earn 10 cents annually in say 2016 Victory Nickel's shares might sell $1 and $2 which could be a solid amount before the Victory Nickel's nickel assets are is even considered.
Remember they must first earn money at their Silica Division.