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 poservon Nov 28, 2007 4:51am

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Post# 13878854

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200 day ma 88 cents approx, 400 day ma 1.08 approx, the charts tell me that this private placement may be a very tough sell even at 80 cents with a warrant. When contact financial ran the stock promoting for ggn we were on a par with mag silver (also promoted by contact), i tossed a coin to choose which stock to invest in and 2 years ago both had similar prospects; Mag now $15 and promoted to the tsx, ggn 74 cents.

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