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by Stockwatch Business Reporter

New York spot gold added $9.10 Thursday, closing at $2,456.30. The TSX Venture Exchange added 10.03 points to 558.32 while the TSX gold index rose 1.59 points to 356.98. There were some solid gains today unprompted by news. Capstone Copper Corp. (CS) added 55 cents to $9.29 on 5.87 million shares, while First Quantum Minerals Ltd. (FM) rose $1.21 to $16.79 on 3.22 million shares and Ivanhoe Mines Ltd. (IVN) jumped 85 cents to $16.26 on 2.87 million shares.

Well, that was quick. Yesterday investors learned that the Yukon government had applied to have a receiver appointed to handle the affairs of John McConnell's Victoria Gold Corp. (VGCX). Today, the market learned that an Ontario court has already granted an order appointing PricewaterhouseCoopers Inc. as receiver and manager. Mr. McConnell, president and chief executive officer, said yesterday that Victoria planned to oppose the move, but today he said nothing at all.

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