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

Bullboard Posts

Post by red911on Aug 29, 2012 1:16pm

144 Views

Post# 20275008

Next....

Acumen/Roth $7.5M... rolled into Waterton $15M.... Canaccord $?M... they have been buying.

Would be good to finally have some institutional support/coverage? here IMO. That is the difference (beyond GGN having superior potential) between SGN ($60M market cap at 70% ownership) and GGN ($20M market cap at near 100% ownership minus royaltys).

House Positions for C:GGN from 20120729 to 20120829

House	Bought	$Val	Ave	Sold	$Val	Ave	Net	$Net
33 Canaccord	642,500	67,019	0.104	5,000	500	0.10	637,500	-66,519
7 TD Sec	466,500	50,128	0.107	307,000	30,474	0.099	159,500	-19,654
14 ITG	135,800	13,549	0.10	21,000	2,020	0.096	114,800	-11,529
85 Scotia	27,700	2,782	0.10	2,000	210	0.105	25,700	-2,572
99 Jitney	50,000	5,255	0.105	31,500	3,214	0.102	18,500	-2,041
19 Desjardins	60,600	5,966	0.098	45,100	4,759	0.106	15,500	-1,207
57 Interactive	10,600	1,166	0.11	500	55	0.11	10,100	-1,111
124 Questrade	4,500	472	0.105	0			4,500	-472
39 Merrill Lynch	0			10,000	1,100	0.11	-10,000	1,100
54 Global	0			25,000	2,737	0.109	-25,000	2,737
2 RBC	18,000	1,844	0.102	45,000	4,445	0.099	-27,000	2,601
9 BMO Nesbitt	73,000	7,810	0.107	135,000	13,089	0.097	-62,000	5,279
1 Anonymous	166,000	16,745	0.101	359,500	38,209	0.106	-193,500	21,464
79 CIBC	38,000	4,076	0.107	232,500	23,786	0.102	-194,500	19,710
80 National Bank	6,900	751	0.109	481,000	52,965	0.11	-474,100	52,214
TOTAL	1,700,100	177,563	0.104	1,700,100	177,563	0.104	0	0