That could very well be, but to put this into perspective, the demand may not be there for awhile, as China's slowdown will have an impact on base metals for the forseeable future.

This means that the current supply will still take awhile to be depleted, which should keep prices low, near present levels maybe a little higher, but not much more.

Couple that with mines going out of production, and miners being layed off and some moving on to other mining jurisdictions, when the current supply runs out, there will be a time period with shortages and that will drive prices up again.

Kind of like an elastic effect, until mines get back into production and the supply starts to flow again and prices will moderate.

We could see some swings in SP, especially if some resource companies are looking to add to their inventory of reserve properties. AS far as I can see, this will be the best opportunities for Wildcat, unless they start to find gold in the belt, but that means they will actually have to do some drilling (i hope they will)

When prices do start to recover, I am not certain what will happen to smaller outfits like WEL, but a recovery in SP should happen and what ever you buy now will pay out nicely.

Andy