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

Comment by red911on Jan 14, 2013 5:27pm

152 Views

Post# 20836759

RE: RE: RE: RE: RE: Still chomping on Gryphon

hi fattail... was honestly just estimating debt payments based on increasing from $50K in Dec to $900K by Mar... i.e. $300K in Jan, $600K in Feb and $900K in Mar.. I assumed linear... Did not realize payment schedule was in financials but thanks for pointing it out... $150K debt payment on Jan 31st should easily be made IMO. But as I have said... the sooner we get confirmation the boiler is installed, normal operations have resumed and the debt payments will be made the better.

GGN is in Vancouver for Cambridge House conference... would be great to get something significant out going into this conference.

Bullboard Posts

Mid-year review: How has gold been performing?