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 Sep 04, 2012 8:37am

292 Views

Post# 20313895

Meeting Today...

"The meeting was adjourned until Tuesday, Sept. 4, 2012, at 5 p.m. PDT, to allow for additional voting on the fourth proposal, the article amendment."

Let's get this done and move on. No reason any additional money required cannot come via debt at this stage given JK could secure debt to get this thing started more than 1 year ago. Increase production and everyone makes money here.

BEST CASE would have obviously been for our 'PARTNER' Waterton Global step up and exercise their 15M warrants at
.16... that VOTE OF CONFIDENCE and $2.4M would have gone a long way to complete this expansion. Of course that never seems to happen. Instead our share price conveniently gets shorted/sold into the stone age.

Friday's momentum... short covering or legitimate turn in share price?

Bullboard Posts

Futures Flat Amid Key Data in Canada and US