This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.

Here is a sample of this item:

by Stockwatch Business Reporter

New York spot gold slipped $2.20 to $3,045.10 on Thursday. The TSX Venture Exchange edged 2.35 points higher to 640.78 while the TSX gold index slipped 0.34 point to 446.81. Most gold miners with Canadian listings strayed little from Wednesday's close but as usual some had the wanderlust. Lundin Gold Corp. (LUG) dropped $1.49 to $42.68 on 811,000 shares while Avino Silver & Gold Mines Ltd. (ASM) managed a 17-cent gain to $2.71 on 1.12 million shares.

Bradley Langille's GoGold Resources Inc. (GGD) lost 12 cents to $1.84 on 12.06 million shares. Investors performed the buzz cut after word late yesterday that the company was selling 41.21 million shares at $1.82 apiece on a bought-deal basis. (With the underwriters getting stock at a discount, little wonder that buyers in the market today claimed a discount as well.) The cash from the $75-million sale is for development of the company's Los Ricos South project and exploration at both Los Ricos South and Los Ricos North. Some will also go to general corporate purposes.

The remainder is available to Stockwatch subscribers.
Sign-up for a FREE 30-day Stockwatch subscription and SEE NO ADS