I proposed to both Wayne and John that if a flow through was going to happen before year end that they consider doing it this way:

The market cap of WEL is diddly squat but you could still fund additional exploration with the right deal... and I think it would sell.

Flow through @ .20 with a full tradable wt @ .30 with a 5 year term.... Include an escalator clause where over $1.00 for 20 consecutive days, 30 days to exercise.

On 10 million unites the company would get $2,000,000

Investor gets stock at Gross .20

Less flow through Tax credit ITC of 15% = .03

Tax credit at least 20%++ = .04

Tradable wt value approx .05 I would buy any amount of those wts in the market if it traded at anything less!

Net cost of the stock to the investor would be about 8 to 10 cents

This provides maximum cash for minimal dilution and excellent value for the investor.

This would also send the right message to the market and likely aid in the excercise of the remaining .15 and .20 wts

JMHO