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 red911on Feb 11, 2012 10:38pm

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Post# 19521677

RE: RE: RE: RE: RE: RE: RE: Takeover...

Re: buying more... it would be 'fun' to see an already rather large shareholder call their bluff and add a significant more number of shares hitting the ask right up to $1. How much of GGN could you own buying everything up to $1? Alot if you already owned millions. Still only values Borealis at $200M. Maybe we will see another suitor enter the mix? If you can't get anywhere through traditional channels then you have to try another route. 90 million shares bought by some pretty savy institutional folks at Acumen and Roth this past summer. Surely there is someone or some group within that group who wants a bigger piece at these artificial prices? I am sure not many of them bought to watch the share price be disrespected? That would be a rather large organized/powerful group to tick off.

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