Vetas InsuranceI too am looking forward to the Vetas share distribution. However, we must consider the motive behind this. I am still concerned that the Vetas El Volcan mine is above the Paramo threshold of 3200 feet. While GWY feels the existing mining license will transfer to GWY, that is not a given. It makes sense for GWY to hive off Vetas as a stand alone entity. If bad news comes to Vetas it will not affect Cali operations which will be the major value play. If Vetas is viable, we are all winners and can double down.
There is no free lunch in this business. GWY is just hedging their bets. We are the bettors!