Hey Rookie...

I am not reading the boards that frequently anymore. I am much too busy to be able to read every post on every board. And, the other reason for that relates to your question - what do I think?

I am a long-term "buy and hold" type investor mostly. I buy into a company I like and then I sit back and wait until they have brought their plan about. I was in SGR for 3-4 years. I was in MMU before it was SKP for 2-3 years, but sold out after I lost confidence in the integrity of the management (others are also expressing concerns about that now, I see). I have been in Wildcat for about a year and a half, and I see no reason to leave.

Everything takes time, and mangement cannot be blabbing their private negotiations and business plans to all their shareholders. IMO, we have to let management do their job, and wait for the results to be told in due time. Sentiment on these bullboards changes like the weather and sometimes it seems that some investors are expecting overnight miracles to be performed. Life just doesn't work that way, IMO.

I think all of the companies in the Rice Lake Greenbelt have great potential. There is just so much gold up there, that I think we are just at the beginning of finding out how much. I think SGR will continue to build their resources and production and will be a great long-term play. They are a solid company and will come through, but the % change will now be less since their SP is already higher. I happen to like the Wildcat folks and think their slow and steady approach, attempting to achieve real results through exploration, drilling, etc. (as opposed to hype) may take longer and result in a slower share price gain in the short-term, but I think it is the better plan for the long-term.

IMO Cougar and Bison could also do well, but they are more speculative in my mind. WEL also has the base metal side, with interests at Reed Lake and Foster Lake, so that brings other possibilities into the picture, so I prefer them.

I bought a bunch of WEL at .03, .04 and .05 last year. I don't mind the share price where it is -- it has been a good ride already. Once the company has a bit more time to do the next phase of field work with drilling, I expect the share price to be in the mid-twenties. Not a bad return for 1 year or two.

I don't get too wrapped up in the "conspiracy theories" of takeover speculation and such. I don't see those things as being on the table; we even have shareholder rights plan now, so I think and unwelcome attempt would get blocked if it were not a very good deal for us as shareholders.

There you go, Rookie. I have updated you on how I think. It is pretty much the same way I was thinking last month and three months ago. Therefore, I am not inclined to post my opinion every week - nothing much has changed for me. That is why I am more in the background than others. I guess I kind of like it better that way.

I wish every one success in whatever stategies they have with Wildcat and in all your investment activity.

NL