Be careful if you want to buy PCY for a proxy for NKL.

PCY's coal is landlocked and the coal from UO won't make significant profits for a year or so. The Coal from Chandgana is stuck waiting on a permit from the govt.

PCY has 240,000,000 shares out and they own some 26,000,000 shares of NKL. IF NKL went to $15 PCY's SP would only have about $1.6 from NKL. So if no value was given to the coal that would not be that much of a gain for me.

I sold all PCY and got NKL.

PGM deposits so rich are very rare. More good assays will be out in weeks.