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 sittighton Aug 19, 2011 3:22pm

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Post# 18961724

LESS THEN 8 DAYS TO PRODUCTION

gold headed to backwardization on comex....twice gold has gone into backwardization...once when barrick had to buy back its hedge position....and once when there was not enough gold on comex to go round....now if hugo repatriates his gold it will go into backwardization a 3rd time...due to lack of gold on the comex....what is it 3 stikes and your out...luckily for us we won't have to go to comex for gold....in 5 months we will pour our own gold and silver bars....once we get some cash in treasury i invision a dividend...primarily to get rid of naked shorting....it worked for durban deep when it was at 30cents....they gave a dividend and it went to $30.00...people who were naked shorting did not want to be exposed.....once we get to production a whole new window of opurtunities will open up...have a good weekend ...SITTIGHT

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