I think WEL is a better value than MMU

First WEL is using MMU's money to advance the Poundmaker property.

Thus less dilution for WEL to put $5 million into this project.... even at $.20 / share that would be 25 million additional shares to retain the whole poundmaker 100% .... dilute via JV or dilute via share issue???

I think WEL is as good as MMU which some have put a 10% value to SGR on....

Currently SGR has a 450 MM market cap... MMU 15 MM or about 30 to 1 and WEL has a 2 MM market cap or 225 to 1

So your 30 to one would compare with my .25/ share relatively closely...LOL

SGR will likely move into the 3 to 5 dollar range as the resource builds over the next year... that would be a nice tripple...

If so investors will focus on the area plays nearby.... and WEL and MMU will see some speculation because of that.... If MMU was to continue a 30 to 1 relationship it could move into the 50 cent range.... also a tripple.

On the other hand WQEL has some catching up to do.... a 30 to 1 relative value on a $3 SGR would make WEL a .40 stock... or 16 fold increase from todays price.... JMHO