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by Stockwatch Business Reporter

New York spot gold added $1.80 to $2,180.40 on Monday. The TSX Venture Exchange fell 16.40 points to 559.34 while the TSX gold index rose 5.38 points to 277.55. West Red Lake Gold Mines Ltd. (WRLG) was an energetic gainer today, as it added five cents to 77 cents on 2.26 million shares. New Gold Inc. (NGD) also did well, adding 20 cents to $2.23 on 5.61 million shares. Franco-Nevada Corp. (FNV) lost $1.87 to $153.35 on 612,000 shares.

Anna El-Erian and Dragos Tanase's Gabriel Resources Ltd. (GBU) saw its just over one billion shares add seven cents to 87 cents on 2.38 million shares Thursday. The stock was halted at the open Friday, and late that day -- a weekday renowned for bad news -- came word the company has lost its arbitration case against the Romanian government related to the permitting -- lack thereof more correctly -- of the Rosia Montana precious metals project. Worse, the government gets $10-million (U.S.) to cover legal fees and expenses.

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