RE: Vetas Spin Offno need to pee on the fire but reality has a way of jumping up from time to time. Moly is dead. Sprott and \main st. got burned badly. If memory serves, main streets galway holdings were subject to a call ...ergo they lost big time on gly. the coal thingy was just the flavor of the month a few years ago. The area was drilled. I seem to remember 75 holes but that the results have never been released. If you call gly they will tell you that they have no control if or when those results will ever be released. \i would say a very poorly crafted contract on behalf of gly. They buy rights to the land and then sell the rights to the land but may never get to see the results.
the land going thru ven property is worthless. \in canada it mite be worth a fortune but historic precedents in col. make it just a bit of wallpaper for shareholders.
i like the spin out of vetas. there is historic evidence of lots of gold. \I mite add that if vetas was one contiguous section incl. california we mite be subject to new rules based on no drill [like greystone] i think mgmt. was wise.