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Gryphon Gold Corp GYPHQ

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

Bullboard Posts
Comment by red911on May 24, 2013 9:55pm
134 Views
Post# 21440368

RE: GMP

RE: GMPBased on what was revealed on the last call and my own research it would seem a minimum of about 40M shares are held by a relatively small group of determined shareholders. I agree if they have something to offer let's get it done. Some more out of the money options expired this week I think... not sure if that has anything to do with delay?... Regardless we are set to lose more of Borealis next week. We get NO UPDATES re: production and operations and therefore have no idea what is going on at the mine site. Truly disgusting IMO. >
Bullboard Posts