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.

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Gryphon Gold Corp

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Post by sittighton Jun 25, 2011 10:02am

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Post# 18764451

just suppose

i have a buildable lot in a highly desireable area....all permits for a nice house are in place,all materials are paid for and are on site....the best of craftsmen have been hired and there labor paid in advance....currently if i had to sell as is... i would have to sell at a huge discount...even though the house is all paid for and will be ready to live in within the year...kinda like gryphon pre production.....one is a bet on the future of real estate....the other on the price of gold and silver...government intervention has allowed for skewerd markets...real estate will continue its downward spiral....gold will go up because central banks and countries are now net buyers....big gold deposits are not being found...production is in in decline...john embry...buy quality gold stocks....

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