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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 Apr 21, 2011 6:04pm
232 Views
Post# 18472478

Canaccord

Canaccordpaperboy222,

Agreed.  Not one individual IA nor one IA firm has a perfect track record.  However, from this investor's experience over the years, buying from #033 is often a bullish sign.  There are a number of reasons for this phenomenon.

GGN is trading at a very significant discount, attributable to various "issues" or perceived "issues".  If these "issues" are cleared up then this hefty discount will disappear and the stock price will rise substantially. 

Markets are often about perceptions and when perceptions change there is often an almost instantaneous and sharp revaluation.  And, furthermore, once the perception is lifted, the price often continues to move in that new direction as "good" developments compound.
Bullboard Posts