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Gryphon Gold Corp GYPHQ

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

Bullboard Posts
Post by red911on Jun 27, 2012 12:14pm
198 Views
Post# 20059745

Value...

Value...Have said it many times... compare to SGN... Nevada heap leach producer projects 35K oz Au this year and trades at market value of $80M. GGN $25M. We seem to have no 'friends'. Hopefully we hear more discussion about the plan for this property going forward to ease some minds and convince those on sidelines to establish position. GGN is undervalued there is no doubt about it. Drill results and talk of resource expansion and NEW DISCOVERIES would do wonders IMO.>
Bullboard Posts