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 Dec 10, 2012 5:15pm

143 Views

Post# 20709701

RE: back to 52 week low

Here you go ruth. A real statement of whatever, as I call it fact and you call it pump: 2.3 million oz Au. Multiply it by $ 1700 x .5 to cover off operating costs at 3,700 oz/mo. Now instead of posting your garbled thoughts and opinions, count to to 1.1 million and each second is worth $ 1700 cash flow to GGN over time. That should take you 13 days and maybe then by Christmas you will believe in Santa.

If Mr O'Neil needed an extension from Waterton on the March payment he would get it. There is no indication he needs it. When you slam Waterton remember that it all starts with a default and then a fight. And Waterton is wrong ? They are the victim who acted in good faith initially and got turned on by management. The shareholders who lost should be upset with their management not Waterton.

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