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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
Post by red911on Dec 29, 2013 9:59pm
194 Views
Post# 22044041

What Went Wrong?...

What Went Wrong?...What went wrong here? One would think that at this point in time, the exact reasons for failure would be known. If not explicitly stated by the company itself in the weeks/months leading up to Chapter 11 filing then such reasons would likely have been widely known before. Why then did GGN fail? I have read everything from the company at least 10 times and beyond 'contractor delays' I cannot find ANYTHING that would indicate this company was headed for complete and utter failure. Were shareholders told everything they deserved to know? Why do we still not know exactly why GGN is where it is? Surely someone knows and I can't wait to hear why? Looking forward. Here's hoping everyone get what they deserve in 2014.
Bullboard Posts