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

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Post by red911on Feb 19, 2013 2:46pm

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Post# 21011563

So now what?...

We were/are on the cusp of profitability yet GGN still trades like a dead man walking. No update on latest pours in the call tells me there is nothing different to report. All we got was re: permit... hopefully within a month but could be two as this is out of our control. Next news flow quarterlies in May for dismal quarter ended in March? Do we even get regular news now that WGV is running the operation? What incentive does WGV have to get this producing profitable ounces asap? Absolutely zero. Good thing we didn't diversify from our chosen 'lender of last resort' (as per JTO re: WGV) last summer... not. >

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