Here's the way this could play out. I spook to RB and he said " Why would we take out WEL" ..... " we talked about it, be it SGR or SKP " This was a couple weeks ago... ended by saying the first statement. and " What would we do with all those base metal properties?"

My thought is why did you do a Jv with WEL and agree to spend $5 Mill if you had the land package you were happy with in the Rice lake area?

With SKP @ .35

To Raise $5 million will require at least another 15MM shares of and another 7.5 wts minimum. That puts SKP into the 115Mm share I/O

Now consider if SKP was to offer 1 for 3 on WEL and settle @ 1 for 2.5

This would give SKP an I/O of 125 MM and the wts of WEL would generate substantual cash over the next year @ @ .375 to .50. Not dilutive at a low price to SKP present value.

The combined companies would be much more desirable in the market. I would bet moving into the .50 to .60 range upon anouncment of a murger... At that point a 5 million financing could be done issuing another 10 MM shares.

SKP would be the go to play in the Rice lake area.... That is other than the main man.... SGR At this point in time is when a deal shold be done.... The numbers all work in favour of both parties.

One additional point is the sustaining cost Exchange/ reporting/ accounting etc would be cut substantually.

Sometimes managment just get focused on their field of vision.... what they have been doing for the past years.... They have to look beyond the past and present and have a plan and focus on the future and how to get there!

A couple examples are EXL and SSR combined and were taken out by G

DEV did a JV with RGT and was gobled up by RGT. The dominent player eating it's host.

WEL needs to get into promotion mode, or surrender!.. and form a stronger team to get to the next level.

Just some ramblings of a long time holder who wishes to see some progress on the shareholder value front.

JMHO