GSV takes a dive!Stunned investors: I too am a long time GSV shareholder. I could see this plunge coming for some time. GSV has some very real deer-in-the-headlights management issues. They lost their focus some time ago when they charged off to drill Jasperoid Wash, Dixie and other Pinion Range targets rather than prioritize their pre-feasibility study on Dark Star. These new targets failed to delight shareholders due to low grades and that vaunted prefeasibility study was never completed as advertised. Meanwhile back they raced into the snows this past winter to complete more definiton drilling at Dark Star that should have been completed long ago.
Meanwhile Newmont opted to joint venture their Nevada mines and exploration properties with Barrick. There went their preferred buyer off to rescue Goldcorp mines and projects. Oops! An opportunity was clearly missed.
GSV shareholders had better demand a bettter plan of action from the GSV management, or new management, and soon. These bosses got caught with their pants down pure and simple. Now investors are running for the exits in a crisis of confidence! Buckle those seat belts if you are riding this out! GSV is in a world on hurt, despite a good, potentially economic product. These guys have been drinking their own cool aid for too long!