Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 paperboy222on Feb 29, 2012 5:44pm
85 Views
Post# 19607511

RE: RE: @ Borealis ...

RE: RE: @ Borealis ...

Spec

 

I'll wing a response......

 

1) The management has said there are looking at several ways to fund,  Credit line, Selling forward the Gold, using up current funds and also revs owed to the last minute to minimize funds needed. ect  How ever the uncertainty is outweighing the short term effects on the SP.

 

2)  I think the street is in a wait and see mode,, Therefore not factored in the SP as of now

 

3)  They confirmed in the latest form the BOD the fixes are in place and working regarding the leach pad not to mention the crusher is suppose to be working at max which is 5,000 tonnes per day,, A huge increase there can be accounted  going forward.

 

4)  Again this is a non issue as the suit would seem to be frivolous,, and something  a Jude might throw out in right away as not having Merritt..

 

The fact there is no huge selling and any decent size volume is snapped up tells us theres not real concern.. I am more interested in what TD agenda might be? Now this is the story....

 


Cheers

Bullboard Posts