RE:RE:I sold all GSV today
two things made me sell. One is sell on the news with huge volume spike. IMO this is not smart money buying in now. The other reason is a legend in the mining business told me it will take more than a year for an offer to come around and that the stock was going to correct. The other thing was I absolutely needed to trim my holdings. This is after all a risky stock because it is a exploration play. I feel if it was the huge home run that everyone assumes it is right now the price would not be sub $3.00 US. Just my reasons no axe to grind and holding it long term for a double from here is a valid play too but what if it declines 50% ??