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Gryphon Gold Corp GYPHQ

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

Bullboard Posts
Comment by paperboy222on Aug 02, 2012 10:24am
134 Views
Post# 20176831

RE: RE: Waterton, SGN + GGN??

RE: RE: Waterton, SGN + GGN??

Ha-Ha Red,

Actually there has been more $ consolidation in Gold companies in 2012 than in previous years.. I really like the chances of this one becoming part of SCORPIO, lets just get it over with already.Hey about my previous offers on the table.. Sounds good at a dime and copper eh?  Will investors be satisfied to get their initial investment back? Don't expect big windfalls if such scenario did happen? I have never been in the winners seat for the mergers I was involved in,,The stock was always worth more than the pay-out for the take-out

Also the fact banks are so tight with money these days lends to " many Mining Companies will fail later part of this year and going into 2013"

Methinks T.LSG is yet another potential for a buy out to play out.  Maybe T>SAS. Its actually 1 of the criteria I look for when investing in stock, Does this company have a serious chance to be taken out? Low evaluations in the SP make this great bait for bigger fish hard not to swallow.

Its also these type of producing mines that have dough in the coffers that will bounce sooner than exploration and production start-ups like GGN

For whats its worth I do think POG is setting up nicely to move forward and serious financial problems around the world, or let the USA dollar finally be devalued( which is coming) will cause the bulls to charge and force the huge short position and bears to cover, sending up to new heights.

 

Cheers

Bullboard Posts