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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 May 25, 2012 1:55pm
182 Views
Post# 19947223

RE: RE: Hub Activity...

RE: RE: Hub Activity...

Plenty of catalysts for gold in the near to long term. Here a few of the top of my head

1) Raising of the debt ceiling. Possible US government shut down again. 2012

2) All currencies are going down. The US pulling everyone down with them. Canada has rates too low.

3) The US can not afford to raise rates. They say end 2014. Lie

4) A strong dollar is not in the cards for the US.  Exports, globaly competative, beats raising taxes.

5) They will pay of 16 trillion in debt with toilette paper.

6) Global tensions will rise as people realize there currencies are beeing debased to pay of debt.

7) Gold is still beeing accumulated by those in the know. Banks are still buying tons of the stuff. I wonder why?

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