I also tend to favour WEL over MMU at this point. MMU will move solely on SGR's coattails, IMO, whereas WEL has more of their own development plan, including other properties outside of the Bissett area. I also feel the new CEO of WEL has his act together in a comprehensive manner - whereas MMU's plans have been less focused and subject to change.

My conversation with the WEL CEO awhile ago left me with the impression that a Flow Through offering is likely near year-end to finance next year's activity.

The price levels of both WEL and MMU offer a great opportunity, IMO.

NL