Thanks for the informative post and posting the photos of your visit.

In regard to WEL being a potential target I am in 100% agreement with you assessment .

The reference I made to about DEV/ RGT is very relevent and was chosen for a reason. That being to illistrate what agressive, promotional, connected team can have.

RGT started out with a JV on the Felea property jv'd from DEV.... DEV managment had been content to strole along spending a modest budget each year and collecting their managment fees. Unfortunately it is difficult to build shareholder value in that context. The RGT jv was funded through some very stong players and an agressive exploration plan was set in motion. Value was created as this is a very interesting U308/ silver project. DEV never achieved equitable shareholder value and the wheels of the market were set in motion..... DEV eventually being eaten by RGT and the seads, " The other project" being spit out to Appleton.

Shareholders of both companies did well, but the fustration of the inequity was definately felt by the DEV shareholder.... I also held both of these stocks. The similarities here are almost identical. The seads that WEL has also have value.

Funny thing about seeds, they have potential value, but if they are never planted, they bare no crop.

I'm just telling it like it is.

SKP value is driven by the Poundmaker jv.... :

100,000,000 x .30 = 65% or $30,000,000 Therefor ethe whole should be valued at

30/.65 of that figure $46,000,000 mkt cap.... Thus WEL should at least reflect the remainder..... $16,000,000 just for the pundmaker JV

Thus 16,000,000 / 77MM = .20/share " just for the puondmaker JV" with SKP trading at .30

I/E wel should trade at a minimum of 2/3 the SKP share price just to reflect the relative value of the poundmaker play. Lets face it the focus is currently on this JV, but additional value in WEL can be added via the remaining Poundmaker jv, the Jeep and the other base metal plays.

All I was trying to comunicate is that when value is present , and not reflected in the market... a takeover is a real and present danger..... But also presents less downside risk in aguiring WEL at this discounted valueation.

JMHO is that WEL should trade at parity to SKP.