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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Comment by metcoalfanon Jul 21, 2011 2:38pm

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Post# 18857974

RE: RE: Coverage?

Interesting little company. I put a placeholder position in yesterday but am taking a little more time to look today. I think this is the first Canadian listed miner I've come across where the primary listing is in the US. Couldn't quite figure out yesterday why the Stateside symbol didn't end in 'F' - but their filings with SEC and Sedar actually indicate the exact opposite of the usual. Few resource companies corporately based in US even bother to go for dual listing in Canada (at least down here at the bottom where I like to trade - I don't really look at the higher levels). You'd have to be a fool to not have a Canadian listing as a resource company - but most US jr resource companies are (more fraud than fool). Mgmt options are surprisingly reasonable. I need to do more dd, but Gryphon definitely shaping up nicely.

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