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 Feb 06, 2012 6:58am

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Post# 19493376

buyout

john spoke of ramping up production ....100,000 -200,000 ounces per year....he did not want to leave.....this was his baby....the bod of directors had an offer...it will be north of 1.00......Probably 3.00 per share....jingpangu and newmont will be the bidders....my interpetation of the jungle drums.....we will not know until this afternoon.....why have the drill results,production and news flow been kept from the investor...someone was privy to what was going on behind the scenes...

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