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 28, 2012 12:56pm

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Post# 19598760

RE: Yawn!!

Kiwi

The street is waiting to see what finance will look like. @ what SP and how much paper will be issued? I'm supervised at how many companies have paper way over 300 million or 400 million shares. I think once they get this over with and hopefully sooner than later. We'll will start seeing some movement.

I still like Red's generous offer of 20% for a financing deal and this would give a major the ability to have some control of the company now and even place a 1 or more members on the BOD.. Then scoop the rest of this mine up for under a loonie.

Lets also hope this finance package will cover the debt coming due in July and a few $ more for the unforeseen.. Then all the revs coming in now and the next few months can go straight to the bottom line.

ADR pland and Dore next month will give us a nice boost ...

Cheers

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