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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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Comment by red911on Jun 29, 2012 9:43pm
170 Views
Post# 20071197

RE: RE: Newsflow...

RE: RE: Newsflow...Yes sector is down but GGN has been slaughtered. They are now cash flow positive with a plan yet they still get no respect. Not one analyst covering GGN that I am aware of. Again, even SGN who is only expected to produce 35K oz Au this year has analyst coverage, a market cap 3x GGNs, and a target market cap of several times more. We do a highly dilutive cheap PO with Acumen and Roth and then we leave them to renegotiate with another firm. We have no allegiances. We have no big holders. We have very little insider ownership. Where does this leave us? At multi year low share prices.>
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities