Wildcat Exploration Ltd

Welcome To The Wildcat Exploration Ltd HUB On AGORACOM Wildcat Exploration Limited is a publicly traded company actively exploring in Canada for precious and base metals.

over 14 years ago

in response to traps7's message

SKP would have to be totally inept not to assess the advantages to simply taking WEL out verses completing the commitments JV on the poundmaker for a 65% intrest. That 100% figure toted is only if WEL does not contribute to further exploration AFTER the jv commitments have been met. If sucessful in finding a resource, I doubt WEL would decide to not contribute.

I suggest that there would be more benifit and less dilution to SKP to take over WEL and absorb the other properties than the dilution involved to do the JV commitments.

If I was SKP mang, I would take out WEL.... amalgamate the gold holdings under SKP and redistribute WEL shares as a base metal play to all SKP shareholders, as I suggested some time ago.

JMHO