With the focus on the Jeep, and a jv on the poundmaker, it seams there is an oportunity here for WEL to jv out the the Mike power..... not to SKP but to a more senior player with the cash and resources to really put some effort into this potentially very promising property.

SGR and SKP have really tweeked my intrest now in defining the fold on the western edge of the " Golden Fairway"... sure would be interesting to see a mid tier company come in and put some cash into this as a JV.... A deal similar to what RGC just signed would be more interesting as they have retained 50% with $4.5 million being spent. With an additional $2 million RGC would drop to 40% but would then get an additional 750K shares from their partner.

I mention this because RGC is another project between the Jeep and Goldcorp with similar structural controls and geology.

This is a jv agreement I can embrace. I hope that WEL can put together a similar agreement on some of their projects... So far their deal with SKP has created very little intrest.... but that could change if SKP follows through on their work commitments. The clock is ticking.