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 darwindon Apr 20, 2012 12:10am

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Post# 19815357

RE: Market Cap...

I hear your frustration. I have done the math 6 ways till Sunday aswell. I believe it will get there in due time. The sector was being hammered at the same time as Gryphon's $*&^t was hitting the fan. That made the selling alot worse than it probably should have been, There are alot of junior miners out there who are not as blessed as Gryphon. Few have the potential that Gryphon does but the proof is in the pudding for many. There is money on the sidelines waiting for a reason to get back in. If Gryphon can truly get back on track then they will have the potential to be the next Allied Nevada but until then they will just be another junior in a sea of juniors. Graned there are many who will never make it as far as Gryphon has come already. I have researched this sector to no end and Gryphon was the only one that fit all of my criteria. Beeing a junior producer is a big deal and I still believe the smart money will gradually buy into the Gryphon story. This is only the first chapter. It's a long book my friend. Allied had a shaky start too. but in only 3 years it went from 1.87 per share to $43 per share.

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