By breaking through the 10.50 level, GLG finally penetrated a barrier last week that it has attempted to breach 5 times in recent history. Recent gain begs for some retracement, but this one has excellent performance and tracking if the $XAU is finally ready to make its move for the "Gold Bugs" .

TECHNICAL DATA REPORT  General Indicators     Criteria Value   Stock Price 10.4 P/E Ratio 73.9 Percent Yield N/A Number of Shares Outstanding 111,800,000 Market Capitalization 1,158,000,000 Net Insider trading 0 Exercise of Options 0  Stock Performance Indicators     Criteria Value   1 Day Relative Performance 102.5 1 Week Relative Performance 114.7 3 Week Relative Performance 128.7 6 Week Relative Performance 121.3 18 Week Relative Performance 120.6 26 Week Relative Performance 123.9 1 Year Relative Performance 276.7 3 Year Relative Performance 571.8 5 Year Relative Performance 300.8  Volume Indicators     Criteria Value   Volume/No. of Shares 2.02 30 Day Average Volume 665,100 1-Day-Vol-to-30-Day Avg Vol Ratio 339.6 5-Day-Vol-to-30-Day Avg Vol Ratio 183.3  Moving Average Convergence/Divergence (MACD)     Criteria Value   MACD 8-17-9 Day Breakout 9 MACD 8-17-9 Day Value 22 MACD 8-17-9 Day HST 25 MACD 8-17-9 Day Delta 9 MACD 12-25-9 Day Breakout 9 MACD 12-25-9 Day Value 14 MACD 12-25-9 Day HST 24 MACD 12-25-9 Day Delta 9 MACD 8-17-9 Week Breakout 1 MACD 8-17-9 Week Value 12 MACD 8-17-9 Week Change 13 MACD 8-17-9 Week Delta 20  Moving Averages      Criteria Value   30 Day Moving Average Ratio 120.6 30 Day Moving Average Breakout 9 150 Day Moving Average Ratio 118.7 150 Day Moving Average Breakout 6  Stochastics     Criteria Value   Stochastics 9- 3 Breakout 14 Stochastics 9- 3 Value 92.8 Stochastics 14- 5 Breakout 10 Stochastics 14- 5 Value 91 Stochastics 30-15 Breakout 29 Stochastics 30-15 Value 60  Wilder Relative Strength     Criteria Value   Wilder 9 Day Breakout -4 Wilder 9 Day Value 81.6 Wilder 14 Day Breakout 45 Wilder 14 Day Value 74.3  Least Squares Projection     Criteria Value   Least squares 3 Year % Growth 94.6 Least squares 3 Year % Deviation 23.8 Least squares 5 Year % Growth 19.4 Least squares 5 Year % Deviation 135.2 Least squares 10 Year % Growth -10.7 Least squares 10 Year % Deviation 309.1  Other Technical Indicators     Criteria Value   McClellan Breakout N/A Price as % of High & Low 72 Price as % of High & Low (5 day avg) 69

The stock shows an intraday high of 10.550 and a low of 9.830 -a trading range of 7%. The last trade was at 10.350 volume showing 2,259,300 shares exchanging hands. The Moving Average is derived by calculating and charting a stock's average price for any specific time frame such as 10-days, 50-days or even 200-days. When plotted on a stock's price chart, this technical indicator provides a reference point for analyzing trends and performance. Given its positive divergence of greater than 25% from the 200-day moving average line, GLG is charting a long-term uptrend. Demand for the stock has fueled notable price gains within the past six months. This is indication that the stock has been in demand with investors within the past ten weeks. If GLG has recently broken above this intermediate term indicator, then a new uptrend could be underway. However, if the stock has pulled back or consolidated off of recent highs, watch for decreasing volume and volatility as indication of strength in its current trend. Be advised that a pullback or consolidation on profit taking could soon be in order following any additional gains the stock might post in the near-term. If GLG is also above its 50 or 200-day moving average line, this is technical indication of a long-term uptrend for the stock. If GLG is below its 50 or 200-day moving average line, the stock has recently been down trending and the break above the 10-day line could be first indication of a possible recovery. The above report is based on mathematical calculations and, as such, no investment decision should be based solely on its conclusions.

QKFACT GLG    376775102 Glamis Gold Ltd.                                                Market Guide Quick Facts Report   Glamis Gold Ltd.               SYMBOL: GLG             EXCHANGE:  NYSE     PRICING DATA (AS OF)    12/06/02      RATIOS & STATISTICS Price                       9.02      Price/Revenue (TTM)        10.20 52 Week High               10.49      P/E (TTM)                  63.97 52 Week Low                 3.32      Price/Book (MRQ)            3.74 Beta                       -0.27      Price/Cash Flow (TTM)      28.10 Avg Daily Vol (10 Day)      0.56 Mil  ROA (TTM)                   6.34% Avg Daily Vol (3 Month)     0.68 Mil  ROE (TTM)                   7.98%                                       Current Ratio (MRQ)         6.15 DIVIDEND INFORMATION                  Total Debt/Equity (MRQ)     0.00 Indicated Annual ($)        0.00 Yield                         NA%     NOTE: TTM = trailing twelve months                                             MRQ = most recent quarter       SHARE RELATED INFORMATION             SHORT INTEREST INFORMATION Market Cap. ($)        1,008.959 Mil  Current Month            1.922 Mil Shares Out.              111.858 Mil  Previous Month           1.536 Mil Float                    100.700 Mil  Short Interest Ratio       3.1 Day       INSTITUTIONAL & INSIDER OWNERSHIP                            PURCHASES     SALES      NET PURCH     %OWNED Institutions (3 Months)   13.454 Mil    3.127 Mil   10.327 Mil     29.9% Insiders     (6 Months)    0.000 Mil    0.000 Mil    0.000 Mil     10.0%     BUSINESS SUMMARY      Glamis Gold Ltd. is engaged in the mining and      extraction of precious metals by open-pit mining and heap      leaching method and has an active program of exploration and      development of precious metal properties.  For the 9 months      ended 9/30/02, revenues increased 30% to $58.4M.  Net income      totaled $9M, up from $2M.  Revenues reflect increased      gold production.  Net income also reflects a higher gross      margin due to increased gold prices.                      REVENUES (Thousands of U.S. Dollars)   QUARTERS           1999            2000            2001            2002   MAR               7,986          15,994          14,427          18,192 JUN              14,758          16,572          14,505          20,367 SEP              15,683          14,103          15,917          19,820 DEC              18,300          15,748          19,413   TOTAL            56,727          62,417          64,262                             EARNINGS PER SHARE   MAR              -0.070          -0.020           0.010           0.040 JUN              -0.035          -0.030           0.010           0.040 SEP              -0.040          -0.100           0.010           0.020 DEC              -0.190          -0.540           0.040   TOTAL            -0.335          -0.690           0.070   FY'93 & FY'92 restated for the adoption of US$ as unit of measurement.  6/94 & prior fncls are in C$.  FY'99 fncls. are restated due to change in revenue recognition policy.     GROWTH RATES     1 YEAR          3 YEAR          5 YEAR Revenue           4.39%          27.73%           6.58% EPS                 NM%             NM%         -15.26% Dividend            NM%             NM%        -100.00%