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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 archimedes0070on Jan 10, 2011 11:42am
199 Views
Post# 17948339

I Bought Shares

I Bought SharesFirst off, I'd like to thank red911 and others for carrying the torch on this bullboard.  These folks have posted copious quality comments.

I bought shares at the bottom in 2010 and took profits.  However, I built up my long position again over the last while.

I'll try to post some more useful comments soon, but the best thing anyone can do is to read all of the posts for the past year.  red911 et al have made all of the points already.

The management team is methodically, deliberately playing their cards and they have been very realistic in their communication with the market.  They have followed the UPoD philosophy.  One of these days the right fit and terms for the project financing will be done; patience.  For instance, I suspect existing shareholders are ready and willing to finance the next steps.  I am. 
Bullboard Posts