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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 Jul 03, 2012 9:17am
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Post# 20076430

AGM...

AGM...AGM is set for August 28th. With production updates now coming quarterly I guess we will get June production numbers and financial performance with Q1 financial release sometime in mid-Aug (when released last year). That report 'should' finally be GGNs first quarterly report showing POSITIVE EARNINGS. They have confirmed 'cash flow positive' rates for April and May... I assume June should be the same if not better. With infill/mine planning drill results not seemingly being released (even though IMO they are very important at this stage) what else can we expect on the news front between now and AGM? Will they release details of mine plan? That's all I can think of. We have sellers but why we have no large buyers at this 2011 PO price is discouraging. Supposedly at least 2 funds have been watching. ?? Sure the market has been tough but the market did not cause the punishment GGN received in Feb. The uncertainty has been removed but the punishment continues. There should be room for at least some appreciation here especially with gold going up.>
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