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 Feb 17, 2011 3:44pm

126 Views

Post# 18152566

RE: $0.74...

Good Find Red.

The report confirms what my take and evaluation was, I still cant figure out why the market has such a hate on GGN. 40-50 cents has always been my fair value right now than then with the financing 0.75-1.00 would make sense.

Has the management failed to get the story out on Bay Street? Theres stocks out there much higher who arent even close to production, they will be turning dirt for years, Just baffles me.

Cheers

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