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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 May 16, 2014 11:02pm
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Post# 22572452

Rule 2004 Examination...

Rule 2004 Examination...I see from free publicly available court documents the trustee has filed motions to conduct 'Rule 2004 Examinations' on: Marvin Kaiser, William Goodhard, and Lisanna Lewis.  This is interesting as I would have assumed GGN Board and Executive would be bending over backward for the trustee given Chapter 11 filing was under their watch and (I thought) they would have some sort of obligation to do so.  No?  Not to mention I would have thought/assumed they would have been and be doing everything possible to facilitate a successful emergence from Chapter 11 for the benefit of the shareholders they were elected and hired to represent.  Maybe they are but it would seem trustee feels these formal examinations are necessary.  That is interesting IMO.  As I have said many times before, I am a longtime shareholder who wants/deserves some answers here.  Hopefully trustee can give shareholders answers they DESERVE and have RIGHT TO KNOW.  JMHO.
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