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$0.79 -0.04 (-4.80%)
12/3/2008 3:59 PM

Great Basin Gold Ltd. (USA) (GBN)

CAPS Rating:
****

The Company engaged in the business of acquiring ownership of or interests in, and exploring and where warranted developing, precious metals deposits.

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Avatar JCarlosone (< 20) Submitted: 3/25/08 11:50 PM : Outperform Start Price: $3.39 GBN Score: -41.22

Great Basin Gold Ltd. (Great Basin) is in the business of acquiring interests in, and exploring and developing precious metals deposits. During the year ended December 31, 2007, Great Basin focused on two advanced-stage gold projects, the Hollister Property on the Carlin Trend in Nevada, United States, where underground exploration and development is underway on a portion of the property called the Hollister Development Block (HDB), and the Burnstone Project in the Witwatersrand goldfield in South Africa. Its Hollister Project hosts a number of gold-silver vein systems with high indicated grades that are potentially amenable to underground mining. The CompanyGÇÖs Burnstone Project hosts gold within the Kimberley Reef horizon, the mineralization has moderate indicated grades that are potentially amenable to underground mining. In addition to its two projects, it has inactive mineral interests in the Casino Property in the Yukon, Canada, and the Kirkland Property in Ontario, Canada.


52 Week High 3.85
52 Week Low 1.82
Volume 419,903
Average Daily Volume (13wk) 102,111
50 Day Moving Average 3.22
200 Day Moving Average 2.90
Volatility (beta) 2.17

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