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Gryphon Gold Corp GYPHQ

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

Bullboard Posts
Comment by red911on Feb 10, 2012 2:22pm
201 Views
Post# 19517309

RE: RE: RE: Jipangu...

RE: RE: RE: Jipangu...

DD... re: "The sp will go prime time once "full production IS achieved" and "ADR plant IS completed and operational". Until then, anyone can say anything, it's just words..."

Agree... but in January we were 2 months from anticipated full production and share price was a solid 25 cents.  A 2 month delay (maybe less byt he sound of CC) warrants a 40% haircut in share price?  Seems excessive.  There has to be something else going on here.  Don't forget almost the entire share price knockdown was attributable to a TD-CIBC buyer-seller tag team.

red911

 

Bullboard Posts