Gold loses some luster after Trump’s decisive win
Gold’s slide is a marked turnaround for a commodity that had surged by more than 30% in the year leading up to the US vote.
In an appearance on Canada’s Business News Network this afternoon, the CEO of Gammon Gold Inc. stated: “We will announce tomorrow when the Capital Gold special meeting will be, but it will be this month.” It seems that the CEO of Gammon intends to postpone the special meeting of the shareholders of Capital Gold Corporation.
Timmins has repeatedly raised concerns regarding the process by which the Capital Gold Board of Directors selected Gammon’s proposal, a process that Timmins believes favored Gammon over all other bidders.