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by Stockwatch Business Reporter

New York spot gold lost $18.90 Thursday, pausing for its one-hour catnap at $3,336.20. The TSX Venture Exchange lost 6.65 points to 779.81 while the TSX gold index dipped 1.23 points to 563.89. Wesdome Gold Mines Ltd. (WDO) had a rough day, falling $1.43 to $16.51 on 3.57 million shares on the heels of its second quarter financials. Quarterly disclosure was also the culprit that carried Avino Silver & Gold Mines Ltd. (ASM) eight cents lower, to $5.29 on 1.33 million shares.

The spring was not bleak for all gold miners: Darren Hall's Equinox Gold Corp. (EQX) leapt $1.42 to $10.80 on 17.69 million shares on its second quarter report. Mr. Hall, chief executive officer, enthuses that Equinox is "entering a pivotal growth phase." He first paid lip service to the Greenstone mine, where production improved significantly, but he focused on a "true inflection point" developing in the current quarter, as the results will be driven by a "full-quarter contribution from the Calibre assets." (Equinox acquired Calibre Mining Corp. in mid-June.)

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