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

Bullboard Posts

Comment by red911on Apr 10, 2012 12:31pm

142 Views

Post# 19776190

RE: RE: Waterton Global Website... GGN...

SGN takeout?... All share deal?... 1 SGN share for every 2 GGN you hold? Would only require SGN to issue ~110 or so million shares and value GGN at
.40-0.50. Combined company would/could have only 230M shares out... annual Au production approaching 80K oz/yr on existing heap leach alone... and massive expansion potential re: Borealis and Mineral Ridge. I say 'OUI'. Win-win-win IMO. Then we become too big to push around. Pure speculation. Something has to happen soon... I'm getting old.

red911

Bullboard Posts

Futures Edge Higher Amid Key Jobs Data Anticipation