The resignation of a key functionary can often put a company’s stock in acute focus among investors and that could be the case with the Gold Standard Ventures (NYSE: GSV) stock.
More often than not, such a development can have an adverse effect on the stock. The Gold Standard Ventures stock is currently in correction mode and it might be a good idea for investors to figure out if this is a buying opportunity or not.
The correction in the stock might have been related to an announcement from the company on February 22 with regards to the resignation of a board member. Jonathan Awde, who was a member of the company’s board of directors, resigned from his position. However, in this regard, it is also necessary to note that Awde is also the co-founder of Gold Standard Ventures and had served as the Chief Executive Officer and President. Hence, his resignation is a significant development and the market seems to have reacted accordingly.
Editor and Computer Expert
A hardcore tech enthusiast and computer expert Uson Abdilazhanov who holds a degree in communications started writing in his personal blogs since 2012. That time he was interested in the technical part of the computer. But now the software aspect plays an important role in his career. Currently, he runs a PC building and repairing shop which helps a lot of designers and gamers who always like to try new things.