Dundee striker Leigh Griffiths has impressed Wolves manager Mick McCarthy while training with the Premier League club.
Wolves have lodged a £150,000 bid for the 20-year-old, who has scored 10 goals this season despite Dundee being in administration and bottom of the Scottish First Division.
The Scotland B international, who signed from Livingston in 2009, is currently serving a three-match ban after being sent off in Dundee's Scottish Cup defeat by Motherwell last week.
And McCarthy has taken the opportunity to run the rule over his potential new signing before deciding whether to press ahead with the proposed deal.
"He's training with us this week and we've got a programme for him to do," said the Wolves boss. "He's trained fine.
"Of course, it's a big step up for him, but we've done it in the past and we've taken a chance on people and it's worked out.
"He's got a terrific goalscoring record, 43 goals in 93 games. We're having a look at him."
In recent years McCarthy has signed the likes of Stephen Ward (Bohemians), Michael Kightly (Grays), Kevin Foley and David Edwards (both Luton) from lower leagues and seen them establish themselves at Molineux.
The Wolves boss is yet to make a signing in the current transfer window, though, after Aston Villa midfielder Steve Sidwell opted instead to join Fulham.
McCarthy will continue to look to bring in new players before the end of January but stresses there are plenty of hurdles to overcome before striking a deal.
"We had Steve Sidwell here on the running machine," he said. "That deal was as good as done and never happened.
"We're looking at things but if we can't do it, we can't do it."