Good points , but I don't agree with selling the remaining portion of the poundmaker, as this gives upside value to WEL without spending a dime of their own money. That is the context of my evaluation of the Poundmaker JV relative share price comparision. To reiterate my thought...

WEL should trade at 2/3's of SKP share price at this point in time relative to the current float.. I have disregarded the wts and options..

In order for SKP to follow through on the agreement, money is needed and thus dilution of SKP which only substantuates the WEL / SKP price relationship.

That being said, WEL should support at least a share price of .20

This should initiate a move from managagment to incentivize the exercise of wts.... IE provide an additional partial share wt for any wts exercised. That would be the best way of entrencing the investors who have been funding WEL for several years now... I being one of them and many more here. I have already suggested this to WS and will strongly recomend this as the first move to fund the company for a substantual drilling and exploration program.

Let us say we can give considerable weight to undertake this avenue for funding should we collectively voice our opinion.

The benifit of doing it this way as it keeps the float tight, and rewards us as PP investors. I have already had several wt's expire out of the money. Incentive wts also is the quickest way to fund the company.... The PP prior to this last one took months to complete.

I suggest we support the stock as SKP moves up, voice our opinion requesting a 30 day opportunity of incentivised wt exercise... when .20+ is achieved.

Retaining the poundmaker Jv in its present form is a value driver..... Geting cash to fund the Jeep a major value driver.... and addition JV or exploration of the base metals plays an addition future value driver.

The only thing lacking is a concerted effort of investors to make the share price reflect its net present value in relation to SKP and the other potential assets.

One man cannot get the truck unstuck, we all need to get out of the cap and give her a push.

I think the timing is now correct... JMHO