nothing happens in a vacuumVery strong bet that the previous owners of Vetas property knew very well what the environmentalists were up to. Very good bet they were locals who knew this legislation was imminent. And then along came Hinchecliffe and his wallet.
Calling the website an update shows how quickly the world turns. There is not a scintilla of a chance Hinchecliffe will be drilling above 3200 feet. Yet that is what the update says.
Galway is a land acquisition company that specializes in flavour of the month purchases......When Moly was hot hinchecliffe was flogging our Moly property. then coal got hot and voila there was Hinchecliffe. Then gold and voila there we were again.
One thing changed. Hinchecliffe got gold fever. Now we are a drilling company and the latest is now we are a mining venture as well.
We bought Vetas, in my opinion, to fit in with our new found direction.....gold. Will this turn out to be a good acquisition? I think yes but it will take years to muddle thru govt. red tape. Will we still be in gold or will it be the new flavour of the month. My bet is on pistachio.