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.

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Gryphon Gold Corp

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Comment by red911on Sep 17, 2012 8:08am

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Post# 20374690

RE: RE: RE: RE: RE: RE: RE: RE: Jipangu?...

"In 8 days we will have been heap leaching a year-fact."

This time last year I would have never guessed we would be sitting here at 10 cents. One full year after start-up and barely at break-even. Drilling continuously during that year but not one result or comment published. Just 3 new pictures posted to website during that time. Presnetation from AGM contains nothing beyond minimal content. And strapped for cash again? Who knows but market seems to say overwemingly yes. One really has to question what is the goal here? Why would you purposely not support the share price (i.e. communicate) knowing you may have to re-enter the market for financing? I really hope they know what they are doing and (more importantly) that they have shareholders interests in mind. My guess there will be many looking to exit on any sort of pop here.

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