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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
Post by kmilneon Aug 18, 2012 6:31pm
194 Views
Post# 20234007

At one time

At one time

I never owned any companies operating in the U.S., but for some reason I find myself with three........two in Nevada and one in Arizona and all three are in the crapper......GGN, SGN, and BZA.  The common denominator is all three have recently made the move to producer status and are having some sort of operational issues which has sunk the sp.  I think the lesson to be learned, is to hold off buying these sort of companies until they have the inevitable screw ups and then buy them on the cheap

Bullboard Posts