Joint ventures are entered into to advance projects. This was the intent that John had when he entered into the Poundmaker deal with SKP. What should have happened is that SKP should have started some preliminary work on the project and provided some quidance as to what their intensions are.

Case in point being the RGC CBC deal... deal struck Oct 5th, DD completed Nov 10th, drilling started Nov 12th and awaiting results in Jan with another drilling program planned for Jan.

Another was DEV/RGT this deal was struck several years ago.... DEV did not co operate in the exploration process.... and with pressure from investors like me, DEV was taken out last year for RGT stock. RGT has been drilling value ever since....

This WEL / SKP deal is one that frustrates shareholders ..... Thank god there is only 2 more months untill the first commitment has to be completed.... Hopefully John has the determination to tell RB and team to shape up of get lost!

Having a major block of property in the Rice Lake belt taken out of the exploration phase is downright stupid from WEL point....This might be a means to an end from SKP's point of view.

Could end up playing out like NOT / FWR with the unknown sugar daddy potentially holding some significant paper.... and hopefully sufficent will to move forward on WEL's behalf.

I think next year will begin with some fireworks!

JMHO