"If they do a flow through placement they must drill so you'd lose your bet."

Not true... JMHO...SKP would spend the cash the same way they have spent the many Flow through placements of the past.... Everything but drilling!

You can keep the speculation going until you drill.... Then it is either confirmed or not. There is always risk involved in drilling... It's expensive and carries a limited amount of value added for the principals IE managment and profesional fees.

WEL is doing it right on the jeep.. extensive field work to expose the showings and relate them to the known mined structures within the Jeep. There are likely many more veins yet to be discovered... and that may take evtensive drilling.

WEL is going to have to make it on it's own... and that is the Jeep on the East and the Mike Power on the west next year when they can get in and do the field work required to define drill targets. This reduces the risk, by improving the odds of success in drilling when you can actually see the structure you want to intersect.

How many holes did SGR put into their ground before they found the Cartwright and the hinge zones... proof that volume of drilling will eventually reveal treasures in the Rice lake camp.

Notice that VMS took off today on rather nice volume.... We should see some benifit on that front as well.

WEL has a lot going for it.... Potentially the best chance of many multiples of stock price appreciation.... What are the relative upside multiples of the others?