Great Basin Gold Ltd. (GBG) Q2 2012 Earnings Call August 15, 2012 09:00 am ET Executives Ron Thiessen – Chairman & Director Lou van Vuuren – Interim Chief Executive Officer Patrick Cooke – Director Dana Roets – Chief Operating Officer Analysts Josh Wolfson – Stifel Nicolaus Craig Gilbert – Linden Advisors Tony Sonn – Private Investor Jonathan Guy – RBC Capital Markets PresentationOperator
Good day, ladies and gentlemen, and welcome to the Q2 2012 Great Basin Gold Earnings Conference call. My name is Jeff and I will be your coordinator for today. (Operator instructions.) As a reminder, this conference is being recorded for replay purposes. I would now like to turn the conference over to your host for today, Mr. Lou van Vuuren, Interim CEO. And you have the floor, sir. Lou van Vuuren Thank you very much, Jeff. Good morning, ladies and gentlemen, and welcome to Great Basin Gold’s results presentation for Q2, ended June 30, 2012. I trust that you were all able to retrieve the information and its supporting documentation from our website or via email. If not please email Michael Curlook or any member of the team and I am sure you will get the information quickly. I am being joined on the call today by Ron Thiessen, the Chairman of the Great Basin Gold Board as well as Patrick Cooke, who is the Chairman of the Audit Committee as well as the Chairman of the Special Committee of the Board; and then also Dana Roets, the Chief Operating Officer and other members of the current management team.
Shares of Great Basin Gold (AMEX:GBG) were gapping down Thursday morning with an open price 10.3% lower than Wednesday's closing price. The stock closed at 78 cents yesterday and opened today's trading at 70 cents.
Great Basin Gold (AMEX:GBG) hit a new 52-week low Monday as it is currently trading at 85 cents, below its previous 52-week low of 86 cents with 473,981 shares traded as of 10:35 a.m. ET. Average volume has been 2.7 million shares over the past 30 days.