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Gryphon Gold Corp GYPHQ

Metals & Mining Gold
Gryphon Gold Corporation is a mine development company. The Company's principal asset is Borealis property. The Borealis Property is 27.5 square miles located in the Walker Lane gold belt of western Nevada. The Company's land position covers approximately 17,600 acres for the Borealis property and over 60 Nevada exploration properties, which cover approximately 70 square miles in the state's gold trends. The Borealis property has approximately 1.4 million ounces of measured and indicated gold resources, and approximately 1.1 million ounces of inferred gold resources have been accredited to the one square mile Central Borealis zone. Its Borealis property has over five other prospective zones that are being explored, which have the potential to host significant gold resources. The Company continued drilling on the Borealis property in the Graben resource, and in the central and western pediment areas.


GREY:GYPHQ - Post by User

Gryphon Gold Corp
Bullboard Posts
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Post by red911on May 20, 2012 9:53pm
287 Views
Post# 19930205

AGM...

AGM...I believe last years AGM was held in early-Sep with record date sometime in Jul or Aug. There were 90M 12.5 cent shares issued in last years PO with the promise of profitable heap leach operation and extensive non-dilutive exploration. That has yet to happen and those folks were essentially shut out of the latest financing. They did get some warrants but even those are not in the money. IMO those Acumen and Roth folks will not be very happy if GGN is still not releasing news and updates with details and share price is still languishing when they cast their votes for this year's AGM. I know I won't be. That said, there is an enormous amount of good news that can and should come between now and then. I do think GGN has shareholders best interest in mind and things will change here in the coming weeks. POG back at 1600 definitely helps. >
Bullboard Posts
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