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 anythingon Apr 15, 2012 9:59am

186 Views

Post# 19795859

RE: Why

if it was a hostile take over ggn could rise to 25cents and the take at would still be 100% the share price at 50cents.

if we get good gold and silver recoveries the share price will move up quickly and we should get news any day now, ggn said 1 or 2 weeks and since it is taking longer, (like it often does), nervous investers are selling.

i doubt there is a take over bid, but i hope i am wrong.

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