Gryphon Gold Corp GYPHQ

Negative Sentiment

[poserv]

i can't help it but i really can't get excited about this play any more, and i think the next quarterly statements will be scary, i think it's time to pull the plug. GGN have now spent 20m and probably have 3m left if they are lucky! the last quarterly report i just re-read , go to the cash flow statement and look at investing activities and you'll see a loss of 130,000 , can't anyone put cash in a precious metals mutual fund these days and make money? i did it wasn't difficult, it took a couple of days reading the paper and one phone call. Aquisitions of new land and promises of shares of gold in the ground is old hat. I speculate that GGN will struggle to further exploration , money is running low and should be done in about 6 months max! Can GGN release more shares into the public float and dilute our already heavily diluted and shrinking shareholder equity even more? I bet Danny Deadlock has exited his position