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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
Post by jojo57on Feb 02, 2010 2:43pm
485 Views
Post# 16744703

Does management have any planns?

Does management have any planns?I am new to this story and I bought in gambling that some how management will proceed in mining the property that seems to be profitable to do so. But if they are having this much of a problem getting finacing or a merger together maybe there maybe something unknown to investers. May someone please fill me in on this story.

Thank you
jojo57
Bullboard Posts