Sprott latest comments on NHK....I put this out because it is on the Sprott Equity Research site therefore it is public information... Here it is: Sprott Equity Research 10 November 2022 Ticker: NHK CN SCPe cash: C$26m Project: Indin Lake Project Market cap: C$45m Price: C$0.365/sh Country: Canada, NWT REC. (unc): BUY TARGET (unc): C$1.10/sh RISK RATING (unc): SPECULATIVE Whilst the key prize is near surface ounce growth across Indin Lake, in our view, today’s down dip extensions at Kim come at impressive grades, particularly the headline 17.6m @ 7.3g/t (inc. 0.5m @ 217g/t) at the bottom of the pit shell, which could pull current 150m vertical pit deeper, albeit early. Moreover, the hit rate is good here at 75%, with most outside of current 136koz @ 1.9g/t MRE pit-shell averaging 7.2m @ 2.4g/t—pointing to UG growth and potential grade improvements also, given existing 12koz @ 1.72g/t UG MRE here. Stepping back, today’s hits continue to feed our thesis of 'more ounces this year than last,' as growing satellites strengthen the already robust ‘hub-and-spoke’ model at Colomac. We like Kim & Cass for their easy to truck access road for cheaper and higher-grade (2.2g/t combined vs 1.4g/t Colomac) near surface ounce additions. Cass (180koz @ 2.4g/t OP + 24.1koz @ 2.2g/t UG) looks particularly cornerstone with potential extensions along strike and at depth (assays due imminently). For now, we maintain our BUY rating and C$1.10/sh PT based on 0.25xNAV5%-1700 from 1Q22 OP MRE of 2.7Moz @ 1.5g/t (4Moz @ 1.6g/t including UG) with C$23m (US$10/oz) for the 2.3Moz outside our inventory. Nighthawk remains in a good position with a strong balance sheet, drill season completed, and assays coming in for steady news flow ahead of the MRE update.