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

Bullboard Posts

Comment by poservon Nov 28, 2007 5:57pm

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Post# 13883985

RE: RE: welcome to the 60''''''''s

Bit of both, but the ball dropping part is a board of directors with a very confusing direction. I see no reason to take a capital loss at these levels, the market will provide a better exit for us in the future. They addressed my concerns regarding financing by issuing a private placement which will now be a very tough sell. Just because the pp is in the hand of a financial intermediary doesn't mean it's sold! or does it? the press release doesn't clarify the issue. What about drill program?, does anyone know exactly where we are right now with the ongoing exploration because i for one have lost track! The web site provides very few answers.

Bullboard Posts

Thesis Gold makes high-grade discovery at Ring Zone