Earnings Call Excerpt
Glamis Gold Ltd. (GLG)
Q1 2006 Earnings Conference Call
May 3rd 2006, 2:30 PM.
Executives:
Kevin McArthur, Director of Investor Relations
James Voorhees, Executive Vice President and Chief Operating Officer
Jeff Wilhoit, Director of Investor Relations
Tim Miller, Vice President of Central America
Charles Jeannes, Exec. VP of Admin, Secretary and General Counsel
Cheryl Maher, Chief Financial Officer, VP of Finance and Treasurer
Analysts:
David Stein, Sprott Securities
Steve Butler, Canaccord Adams
Don MacLean, Paradigm Capital, Inc.
Barry Cooper, CIBC World Markets
Dr. Martin, Private Investor, Michigan
John Bridges, J.P. Morgan
John Doody, Gold Stock Analyst newsletter
Michael Fowler, Desjardins Securities
Mark Smith, Dundee Securities Corporation
Adam Frank, King Capital
Elliott Glazer, DuPasquier
Mike, Analyst
Gary, Analyst
Presentation
Kevin McArthur, Director of Investor Relations
Okay, good afternoon everyone, once again. We are web casting the following presentation, so before we begin, I will ask our telephone operator to initiate the proceedings for those joining us by phone and online. Operator?
Operator
Sir, would you like me to give the Q&A instructions?
Kevin McArthur, Director of Investor Relations
Yes please.
Operator
Ladies and gentlemen, that is ?*? ?1? on your touchtone telephone for questions.
Kevin McArthur, Director of Investor Relations
Okay operator. Thank you. Good afternoon everyone and thanks for joining us on our First Quarter Conference Call. We just completed our annual general meeting here in Toronto. Among the other business matters we handled, Glamis shareholders have reelected the Board of Directors in its entirety. And they join me here, as do the executive officers of Glamis.
In addition, I am also pleased to welcome several shareholders and a number of representatives from the Toronto investment community. Each year we try to conduct our first quarter conference call before a live audience following our AGM. I'm also very happy to be standing here before you on a very important day in the history of Glamis Gold. Just really a short few minutes ago, we officially completed the transaction to acquire Western Silver Corporation and the addition of these world-class assets bring Glamis to a whole new level.
I'm going to start with a discussion of our quarterly performance of course, followed by a review of some of our exploration and development properties. Then I will be asking our Chief Operating Officer, Jim Voorhees to provide an update on the combination with Western Silver and our plans for developing their primary assets called Penasquito in Mexico. Of course, we will follow this with Q&A.
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