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 22, 2012 10:32pm

179 Views

Post# 20046517

RE: What else do funds do?

Truth. I am still trying to figure out what you said in this post but I think I got it. We are being manipulated to sell and are falling for it and you have no confidence in the production rate. Not a bad call .

I have cash that is not doing anything so I guess I will take these donks out at 10 or 12 cents. I would never do this if I did not know the property. I am not thrilled about management communication but they have the proven ability to manage. We will find out what is holding them back as Waterton is very wise so if there was a fundamental problem they would not be in.

As far as the production rate they are reprocessing tailings so anything is a gift while they get the other perrmits in place and a crusher.

This is a sitting duck.

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