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 paperboy222on Feb 05, 2012 9:00pm

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Post# 19492927

RE: RE: RE: RE: RE: Monday CC..

Kiwi..

I would love the 50+ take out number to start the bidding war.. but the 1st bid wont be that high, if my quesstimations pan out the bidding starts at 30-40 Now the number where the ink drys at will be just North.. This only plays out providing bidder 2 antiess up the numbers.. We have to keep and " I" out for this player to show a card sooner than later. For now they would be holding the cards tight to the vest and not blinking yet at developments..

Remember the big guns need to start auditions ..Anything resembling a worthy play will be snapped up..2012 - 2013 will see this process really pick up speed.. Also the Americas have to deal with Cash flush hands from Foreign investments. if we don't protect out mineral deposits, We will have sold out our resources for nothing.

Cheers

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