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.

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Gryphon Gold Corp

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Comment by red911on Mar 04, 2013 9:12pm

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Post# 21077278

RE: RE: PDAC...

The royalty holders own millions of shares and convertibles at much higher prices... It would seem they would benefit most from an appreciating share price... Watertons 60% ownership has removed much of the potential to see any of these shares in-the-money anytime soone if at all. IMO royalty holders interest would be best served if the joined a consortium of shareholders to get rid of these BoDs and fight the deal. >

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