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 paperboy222on Jan 21, 2011 12:38pm

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Post# 18007969

RE: : Closing of the PP

Red

Anther good post on your part!!! I dont think GGN getting finaning is or has bene difficult for them.. In a worse case scenario they could always get the funds form another investment I have in AAB who is into captial financing in a big way.

Having said this The 8- 10 miilion that will be raised over a short period is nothing more than a drop in the bucket , that i already consider a done deals and non issue of questioning, as some seem to imply might be wiht their post here.

All things said and like you have pointed out there are many bullish signs here for GGN

Cheers

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