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 Kiwi3on Nov 19, 2012 10:39pm

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Post# 20620308

RE: RE: Mining...

Nothing wrong with a Holiday Inn Express as long as you can find an Egg McMuffin or something else that will cover you all day until dark. That is what we do. In my mind that is a plus.

The alternative is a campsite, better food , but you lose 2 hours a day. If the Inn is there take it.

I am glad they are careful with our money. Mr O Neil is being very careful which is good as he is just going to make it cash wise. That, he is qualified to plan and manage.

What they are trying to put in place is a project management nightmare but I think they just might do it. If they do start at $ 0.20 per share going up very quickly until they hit 50 % of their NPV. IMO.

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