09:50 AM EST - Gabriel Resources Ltd. : reported second-quarter loss of $1.8 million or $0.01 per share, compared to a loss of $16.24 million or $0.06 per share last year. Total operating expenses for the quarter was $4.34 million, compared to $4.15 million in the prior year. The company said it expects to incur operating losses until commercial production commences and revenues are generated. Gabriel Resources Ltd.
shares T.GBU are trading down $0.01 at $1.89.
