RE: RE: Gammon form on Capital Gold merger declare
I think in the long term winning the take over battle over Gammon is good for the shareholders of both TMM and CGC.
However, in the short term the market is acting negatively to the take over bid.
I think that if this war did not take place we would be over $3 by now with gold back to $1400 level again.
CGC shareholders meeting taking place on March 19 is too long to wait for the outcome. Gold may go up to $1440 by then and TMM stock is stagnated.