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

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Comment by paperboy222on Oct 15, 2012 11:21am

297 Views

Post# 20484127

RE: Operational Update

What the ?X%^

Gryphon Gold has been focused on increasing its production from a monthly average rate of approximately 1,000 gold equivalent ounces realized in the first quarter ended June 30, 2012

Wait a minute we were suppose to be producing 43,OOO per year then that got dropped, How when where why werent investors told this months agio about the pitiful production rate of only 1,000 OZ pe month.?

Now lets review some previous details from their own site..Gryphon Gold has been focused on increasing its production rate from approximately 1,400 ounces gold equivalents per month realized in May 2012 to its goal of 2,000 to 2,500 ounces per month by the end of calendar year 2012.

STOP NOW THIS NON SENSE.. Can someone count? How manyOZ are being produced on a monthly rate? This is seriously wrong and offers no credibilty at all. NONE.

I'm out.

cheers

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