SMARTREND WATCHING FOR POTENTIAL REBOUND IN SHARES OF GREAT BASIN GOLD AFTER ...
Snapshot Report ) traded in a range yesterday that spanned from a low of $1.97 to a high of $2.08. Yesterday, the shares fell 3.35%, which took the trading range below the 3-day low of $1.98 on volume of 1 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean revision.Shares of Great Basin Gold are currently trading below their 50-day moving average (MA) of $2.11 and below their 200-day MA of $2.54. Look for the MA to provide resistance for a short-term rebound in the shares.
SmarTrend currently has shares of Great Basin Gold in an Downtrend and issued the Downtrend alert on January 10, 2011 at $2.59. The stock has fallen 19.3% since the Downtrend alert was issued.
SmarTrend expects the share price to rebound toward the $2.02 resistance level. Afterwards, we expect it to move downward with its peers in the SmarTrend Gold industry.
Write to Chip Brian at cbrian@mysmartrend.com
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Copyright, Comtex News Network, Inc. 2011
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As of Thursday, 06-30-2011 23:59, the latest Comtex SmarTrendA? Alert,
an automated pattern recognition system, indicated a DOWNTREND on
01-10-2011 for GBG @ $2.59.
For more information on SmarTrend, contact your market data
provider or go to www.mysmartrend.com
SmarTrend is a registered trademark of Comtex News Network, Inc.
Copyright A? 2004-2011 Comtex News Network, Inc. All rights reserved.
The Great Basin - News
Jul 04, 2011 (SmarTrend(R) News Watch via COMTEX) -- Great Basin Gold (AMEX:GBG - Snapshot Report) traded in a range yesterday that spanned from a low of $1.97 to a high of $2.08. Yesterday, the shares fell 3.35%, which took the trading range below the
During the most recent quarter, Great Basin Gold closed an $86 million bought deal public offering with the proceeds from this transaction mainly being utilized for working capital requirements during the production build-up at its Burnstone Mine.
The hoped-for economic bonanza from oil and gas exploration in the "frontier" region of the Great South Basin looks a long way off as a major international oil consortium weighs up costly seismic data months after a rival pulled out.
To access the replay, please dial: +1 888 286.8010 (North America, toll-free) or +1 617 801.6888 (International) using the Access Code: 48616672 Great Basin Gold (GBG: TSX; GBG: NYSE Amex; GBG: JSE) is a mining company engaged in the exploration and
More material for composting arrives in trucks from Castaway Trash Hauling, which picks up produce-department waste from Walmart and Scolari's stores and restaurant waste from the Great Basin Brewery location in Reno. Waste Management, meanwhile, picks
Great Basin wants to lease school | Pahrump Valley Times
By Selwyn Harris
It appears Mt. Charleston Elementary School’s legacy of education will continue despite its closing.
A discussion at the board of trustees meeting last Tuesday focused on leasing the campus to Great Basin College.
The campus is in “mothball” status after closing its doors to local students for the final time last month.
Dr. Michael McFarlane, vice president of academic affairs at Great Basin College, told board members the campus would be an ideal location for the college.
“We would be interested in potentially leasing that facility from you for at least a couple of years, and I think there would be some benefits to both of us. You would receive some income from us and in just being there I think that would be a better alternative than having it empty and subject to vandalism,” he said.
McFarlane also assured board members that the college will be a fixture in the community for many years to come.
“Great Basin College, I just want to make it clear, we are here to stay. Sometimes we hear rumors we’re going to be gone or we’re going to be doing this, but put those aside. We are here to stay and we want to grow in Pahrump,” he said.
The college is in talks with the Bureau of Land Management to acquire more than 200 acres of land to build a new campus near Carpenter Canyon.
McFarlane said he’s not exactly sure when the BLM deal will be completed.
Great Basin College essentially shares its campus with Pahrump Valley High School now, making it tough for those who commute to the campus to find parking.
McFarlane told board members it’s important that the college have a separate identity from the high school.
“It doesn’t mean we don’t want to cooperate with the high school. We really are interested in continuing to pursue dual credit opportunities. There’s a lot of things that we have the opportunity to do. We’re just a little confined and restricted on the space there,” he said.
Board members expressed their support on McFarlane’s proposal.
Trustee Tracie Ward motioned to have Superintendent Dr. Rob Roberts enter into a lease agreement with Great Basin College.
The motion passed unanimously.
Board President Harold Tokerud suggested the move would be a win-win situation for all parties involved.
“We would like to see the land used, the buildings used and it’s to everybody’s benefit here,” he said.
Trees of the Great Basin: A Natural History (Max C.Fleischmann Series in Great Basin Natural History): 
I like working in the Gazebo Room! Watching the sailboats in the Basin is a great inspiration! Get outside today...:)
Love the great outdoors of the Atchafalaya Basin? Check out the Atch Basin Natrl Resource Inventory Assessment System 
The Sagebrush Ocean: A Natural History of the Great Basin (Max C. Fleischmann Series in Great Basin Natural His... 
Great post! Glad you could get back on the slopes. Love me some A-Basin.The Great Basin - Bookshelf
The Great Basin, people and place in ancient times
The Great Basin, A Natural Prehistory
"--"Science" "This is a complete guide to the environmental and archaeological history of the Great Basin. . .The Great Basin, with emphasis on glacial and postglacial times
Geology of the Great Basin
Written in a clear, succinct style and generously illustrated with photographs, diagrams, and maps, the book describes the fundamentals of geologic processes, ...The Great Basin
Day-to-day Guide Directory
Great Basin - Wikipedia, the free encyclopedia
The Great Basin is the largest area of contiguous endorheic watersheds in North America ... The Great Basin's longest and largest river is the Bear River of 350 ...
Great Basin National Park (U.S. National Park Service)
Welcome to Great Basin National Park. In the shadow of 13,063-foot Wheeler Peak, 5,000 year old bristlecone pine trees grow on rocky glacial moraines. ...
Great Basin Desert - DesertUSA
The Great Basin Desert, the largest U. S. desert, covers an arid ... In notable contrast to the other three deserts, Great Basin vegetation is low and ...
Great Basin: Definition from Answers.com
Great Basin A desert region of the western United States comprising most of Nevada and parts of Utah, California, Idaho, Wyoming, and Oregon
Great Basin National Park - The Great Basin (U.S. National ...
Each of these definitions will give you a slightly different geographic boundary of the Great Basin, but the hydrographic definition is the most commonly used. ...