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by Stockwatch Business Reporter

New York spot gold fell early, moved higher near noon but ended the day down $2 to $1,928.10 on Friday. The TSX-V rose 0.87 point to 622.01 while the TSX gold slid 4.07 points to 306.83. Most Canadian gold miners lost ground again today. Novagold Resources Inc. (NG), $9.33 on Wednesday, was again noteworthy in retreat, dropping another 23 cents to $8.40 on 200,000 shares. Sandstorm Gold Ltd. (SSL) kept it company, dropping 20 cents to $7.81 on 747,000 shares. SSR Mining Inc. (SSRM) bucked the trend, adding seven cents to $22.84 on 328,000 shares.

Ian Slater and Joseph Hebert's Outcrop Silver & Gold Corp. (OCG), one of the hardy few to roll out new assays on a Friday, cheered a 1.71-metre interval that averaged 2.17 grams of gold and 584 grams of silver per tonne with modest amounts of lead and zinc. The hit came from one of two new holes into the Megapozo shoot on the company's Santa Ana project in Colombia. Outcrop lost two cents to 29 cents on 562,000 shares on the news.

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