Gryphon Gold Corp GYPHQ

National...

[red911]

It would seem we have some National (Acumen?) folks selling of late. Pprobably some Acumen PO participants and likely noteholders selling PO shares at small profit to keep free warrants? No idea but would seem to make sense in this environment... get capital back and have risk free investment basically. Either way I just wish we'd get some serious news and support to soak up any and all of these shares. We are due. IMO the silence has been warranted as they have been working hard getting all of the ducks in a row. Surely that period must be coming close to an end.

red911

House Positions for C:GGN from 20120404 to 20120425

House	Bought	$Val	Ave	Sold	$Val	Ave	Net	$Net
7 TD Sec	1,121,500	156,191	0.139	519,150	68,243	0.131	602,350	-87,948
14 ITG	188,000	28,060	0.149	0			188,000	-28,060
2 RBC	352,500	49,484	0.14	196,500	27,806	0.142	156,000	-21,678
124 Questrade	161,000	22,315	0.139	15,000	2,100	0.14	146,000	-20,215
39 Merrill Lynch	113,000	15,535	0.137	3,000	409	0.136	110,000	-15,126
85 Scotia	191,166	26,032	0.136	89,475	12,613	0.141	101,691	-13,419
74 GMP	58,000	8,300	0.143	0			58,000	-8,300
58 Qtrade	37,000	5,450	0.147	0			37,000	-5,450
62 Haywood	46,000	6,670	0.145	20,000	2,700	0.135	26,000	-3,970
33 Canaccord	0			740	96	0.13	-740	96
9 BMO Nesbitt	3,000	435	0.145	10,000	1,450	0.145	-7,000	1,015
54 Global	0			10,000	1,450	0.145	-10,000	1,450
81 HSBC	0			20,000	2,700	0.135	-20,000	2,700
46 Macquarie	15,000	2,100	0.14	38,000	4,572	0.12	-23,000	2,472
99 Jitney	26,500	3,601	0.136	55,500	7,644	0.138	-29,000	4,043
19 Desjardins	134,965	17,734	0.131	265,066	36,604	0.138	-130,101	18,870
79 CIBC	164,100	22,183	0.135	361,500	52,230	0.144	-197,400	30,047
1 Anonymous	238,000	32,917	0.138	714,000	101,644	0.142	-476,000	68,727
80 National Bank	104,500	14,555	0.139	636,300	89,301	0.14	-531,800	74,746
TOTAL	2,954,231	411,562	0.139	2,954,231	411,562	0.139	0	0