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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
Comment by Privatemoneyon Nov 30, 2009 2:30am
358 Views
Post# 16535097

RE: Here is my DD on GGN...

RE: Here is my DD on GGN...
GOOD POST
.
 in , not in a huge way but i bought friday
IF you like ggn  u will really like ktn at least read the nrs see who mngt is and view their 3 minute 3D video .
it appears they have the next silver lead zinc and gold elephant in Mexico, target 100 to 200 M oz Ag equivalent.
mkt book is 1.00 to 1,05 but with very little float available as know one wants to sell, only 38 million shs out. well dispersed over can, us and european houses and fund mngt companies.
not for day trading really,................this is a security one buys and hold and waits for a 20 dollar per sh buy out by a major, its just proving up to be to big for a jnr to ever mine it. its called an accumulator security.
privatemoney
 
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