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 paperboy222on Jul 09, 2012 9:41pm

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Post# 20096652

RE: RE: RE: Mine Plan etc...

Hello Red.

Funny meeting you in the office tonight! I just finished reading the 3 CC transcripts again, lots to pour over there for sure.. I was impressed that management also see and hears clearly that the street and brokerage houses want a mine plan. This was eluded to the last CC,

They also know the need for new drilling and buying more equipment couple dumpers and a loader ect..

I think its fair to speculate with some anticipation we will have a 2-3 year mine plan in place by October and really they owe us 1 by September. By then the summer dol drums will be over and the USA Government should have had to print a few more trillion dollars . Anice spike in Gold to the 1800 level will send the bulls snorting and hopefully cause of the bears to seek hibernation a little earlier.

Frustrating to see the snail pace this is takiing, but I also hope this conversative approach will save us from MISTAKES.. Like that pump made for an above ground pool . that still burns the short hairs

Last one in catch the light switch. & turn the coffe pot on..

Cheers

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