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 Kiwi3on Jun 06, 2012 7:24pm

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Post# 19987316

RE: Patience

Lan. Agreed. It is a buy based on th fundamentals we know as facts but you just have to wonder about management and at the end of the day that is what will make it work. I am anxious to see what they are covering up. I am assuming it is a takeover/merger that they are trying to put together. If it is anything else and it is material they may get away with it legally but will lose whatever credibility they have left.

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