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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 Feb 28, 2014 9:21am
325 Views
Post# 22263173

Mushrooms no more?...

Mushrooms no more?...I believe Trustee was appointed on or about mid-Dec... Order approving appointment was granted Dec 13th... initial period was 90 days... That period will be up on or about March 13th... give or take... Do we get an update from the independent trustee then? Do we see an extension requested/granted? Only 2 weeks from now. Court will certainly expect something.

I am somewhat anxious to see what has been compiled... As I am sure all fellow MUSHROOMS are. Maybe soon we stop being treated like MUCHROOMS and start being treated like SHAREHOLDERS.

red911

Gryphon Gold Corporation Bankruptcy New Filing Alert: Order Regarding The Motion For The Appointment Of A Chapter 11 Trustee Or An Examiner

On December 13, 2013, an order regarding the motion for the appointment of a chapter 11 trustee or an examiner was filed in the bankruptcy case of Gryphon Gold Corporation and its affiliates. The filing was assigned docket number 75 and is described on the court’s official docket as follows:

Order Approving U.S. Trustee’s Appointment Of Chapter 11 Trustee. (Related document(s) [69]) (lms)

Gryphon Gold Corporation filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on July 29, 2013. The bankruptcy case is pending before the United States Bankruptcy Court for the District of Nevada. The case number for the lead bankruptcy case is 13-51496. The bankruptcy case is currently assigned to United States Bankruptcy Judge Mike Nakagawa. The law firm of Harris Law Practice LLC is acting as lead bankruptcy counsel to Gryphon Gold Corporation in the bankruptcy case.

Bullboard Posts