According to an interview with Jay Taylor and Chen, Sprott purchased 10% of NKL in the open market. He also had the below comments;
Insiders own 20% of NKL
Deposit could be the next Pebble Beach ( Massive mine in Alaska)
Geologists who visited the site were very impressed as were both Jay and Chen
Very important drilling results about to be released, could be the catalyst in driving NKL higher
Good potential of more exploration and higher grade
Much easier to get permit in Yukon
Geologist on site thinks this could be the largest deposit discovered
Thanks to EodWay for posting link earlier today.
For those who missed it;
http://www.voiceamerica.com/episode/55746/dow-1000gold-4000-revisited-with-ian-gordon/54862
(minute9:50)