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by Stockwatch Business Reporter
New York spot gold fell $3.90 to $1,798.60 on Friday. The TSX-V rose 12.75 points to 684.71 while the TSX gold index lost 3.65 points to 358.90. Canadian gold miners moved little today, although Agnico Eagle Mines Ltd. (AEM) did drop $1.67 to $88.40 on 1.19 million shares. Eldorado Gold Corp. (ELD) was strong, adding 66 cents to $15.13 on 2.83 million shares.
Gareth Thomas's recently renamed Westhaven Gold Corp. (WHN) closed unchanged at 92 cents on 92,000 shares. The company, Westhaven Ventures Inc. until just a few days ago, said midday Thursday that it had drilled a 34-metre zone averaging 1.21 grams of gold and 3.68 grams of silver per tonne in the Lear zone at its Shovelnose project, just south of Merritt in British Columbia. The assays, from four new holes, did not sit well with investors as Westhaven, up earlier in the day, ended the session down 13 cents to 92 cents on 729,000 shares.
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