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 Oct 17, 2012 2:47pm

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Post# 20494579

Comparable...

Compare...

GGN... market cap $19M... end-of-year goal... "The company's goal is to have the processing capability to produce 2,000 gold equivalent ounces to 2,500 gold equivalent ounces per month.".

TO...

SGN... market cap $68M... recently released Q3 production... "Scorpio Gold's Mineral Ridge produces 6,663 oz Au in Q3"... actually fell from Q2 at over 7,000 oz Au.

SGN has a market value of almost 3x GGN... Virtually identical operations in Nevada... Either GGN is undervalued or SGN is overvalued... it's just that simple.

Bullboard Posts

Futures Flat Amid Key Data in Canada and US