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by Stockwatch Business Reporter

New York spot gold was back at it today, adding $27.70 to $3,883.20 at the close. You don't have to be that old to recall having guffawed upon hearing the odd -- in more ways than one -- gold bug predicting that gold would hit $1,000 an ounce some day. And yet here we are within hailing distance of $4,000. The TSX Venture Exchange is a skip away from hitting 1,000 points, gaining 8.95 points to 964.04 today, but you need not be grey to recall the heady days in 2007 when the index topped 3,370. The TSX gold index, on the other hand, is at a record high, having added 1.75 points to 742.49.

As usual, Fridays are slow news days for those touting drill results and dream sheets, but it was a busy day for briefcase toting attorneys. Rudi Fronk's Seabridge Gold Inc. (SEA) lost 97 cents to $33.74 on 645,000 shares on word that Joseph Ovsenek's Tudor Gold Corp. (TUD) is huffing lawyerly in its direction. Seabridge, you see, needs to dig two long tunnels at its mammoth KSM project in northwestern British Columbia, and those tunnels would traverse Tudor's Treaty Creek property.

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