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Western Goldfields Inc.

11:52 AM EST - Western Goldfields Inc. : said its 2007 loss widened to US$50.3 million on a $35.9 million non-cash loss from mark-to-market of forward gold sales contracts. The loss amounted to 43 cents per share, compared with an year-earlier loss of $11.6 million or 18 cents per share. Gold sales revenues dropped to $4.7 million from $7.9 million. Western Goldfields Inc. shares T.WGI are trading off 5 cents at $3.60.