"I suspect if a PP is done then i would think they well let the warrants expire as their would be less dilution in the stock...Traps7"

Timing is everything.... I think as I suggested about 3 months ago, the company should get some expert help... I hardly think doing another placement at these prices would be less dilutive than geting the market moving.

The 20 MM wts would bring in $3.5 million... at todays price that kind of cash would require a 30MM share placement.

Certainly positive drill results would be positive and get the existing shareholders on side, at least we would not be sitting with our finger on the sell button.

Drilling the poundmaker would also add a posative spin on this story, as would some kind of JV on the base metal side.

In general the past month has been very muted toward most of the jr market.... WEL is just in the same boat as many other exploration jrs.