SG
3 months 2 weeks ago
Gammon's growth capital:- Capital Gold's (AMEX: CGC) board has unanimously
endorsed Gammon's proposed merger, and in this Fool's
view, the pro forma company emerges as a titan among the smaller mid-tier gold producers.
Using robust silver production as a by-product credit, Gammon sees pro forma production averaging 230,
000 ounces of gold per year for 2011 and 2012 at a jaw-dropping production cost of $78 per ounce.
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