There may be an eventual VMS spinoff with Wildcat (WEL.V) as their Reed Lake project is in close proximity to Snow Lake.
There was substancial activity last week and a downtrend appears to be forming, however, I would keep my eye on this. If this behaves anything like the NOT area plays, WEL will follow VMS.
I put together a chart here:
http://skunkwerkz.dyndns.org/charts/wel.htm