Let's look at this a different way. As we're all aware, this is one of the weakest CHL forward crops in a very long time. After Svechnikov and Zadina (who are both projected top-5 picks, both potentially top-3) there is very little special to look at in the three leagues. Now, let's pretend like Veleno didn't have exceptional status and never had people think "this guy might be the 1st OA pick in the 2018 draft" 4 years ago, to get the disappointment of his stats out of your head. Yes his production hasn't been where it needs to be to be a Top-5, Top-10, or even a Top-20 pick, but for me he's more of a projection pick (at this point) for a few reasons:
1. He was almost PPG (0.889) at 16 years old. Only 9 players have eclipsed that PPG since 2005. Basically every one of those players were either taken in the 1st/2nd round (minus Hudon). I'm well aware he was on a championship team, but this also caused him to not have consistent Top-6 minutes all season. Show me the last time a 16 year old was on a championship LEVEL team (doesn't actually have to win, that's too unprecedented) that had a better PPG than Veleno (Even Hall who lead Windsor to two mem cups as a 17 and 18 year old, didn't get out the first round in his 16 year old season)
2. His 17 year old season he's been PPG on what is easily the worst team in the QMJHL. Although it would be nice to see a gap between him and his teammates to show he's the one that's causing the offense, I also don't blame a 17 year old for not standing out with a team that sorely lacks talent. Players are missed at the top of the draft all the time when they play for the worst team in their league. He's still clearly their best player.
3. We haven't seen what he can do in the Top-6 or (hopefully) top-line of a team who's 3rd in their divison (and 20 points more than his Sea Dogs). Looking at Drummondville quickly, I see their top scorer has 3 more points on the season than Veleno (and is 19 , undrafted), so it's not like if he begins to produce at a respectable 1.2 (or hopefully better) pace it's because he's being carried by a teammate. (Sidenote: Nicolas Beaudin has pretty awesome numbers for a 17 year old defenseman).
4. When watching this guy play, he clearly has the tools of an NHL player. His skating is top-end, he has good hands and awareness in all three zones. He's a player that not only doesn't have a glaring weakness, but also isn't one of those guys who's: not bad at anything, not great at anything. For me, I just see a guy who's struggled to produce so far in his career respective to expectation.
If he's still at this level of production by the end of the season, then maybe there is a problem. Right now though? I see a guy who actually has an excuse for the lack of production.