EodWay,

I'm not sure what you mean by "cliff" notes; however see below a portion of Chen's newsletter of 29Aug that references NKL:

Prophecy Platinum Corp (NKL.v) has been doing extremely well in the past week despite of correction in gold. I think it is either due to continuing purchases by Sprott and other institution traders or shorts getting squeezed. I talked to the management briefly in Vancouver and visited their brand new office. They are very optimistic about the coming drilling results as well as Prophecy Coal Corp. (PCY.v). Many important results could start to flow for PCY. As I mentioned in my recent interview on the gold report, PCY valuation is funny if you consider it holds 45% of NKL.v.