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

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Post by archimedes0070on Mar 19, 2011 4:20pm

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Post# 18311177

Gold & Equities Headed Higher

All of my work suggests precious metals will head higher. I will not elaborate on "my work", but suffice it to say it involves many different factors. Additionally, based on "my work" equities should head higher and the combination of the two bullish probabilities (for precious metals and equities) bodes well for precious metals equities such as GGN. We might see some pullbacks into the end of March, but the aforementioned markets appear to be ready to head higher next week.

As a caveat to the above, it does not mean that I expect these markets will not have a pullback, it means that I am prepared to buy regardless of what the markets are doing. In other words: I am in "buy mode".

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