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Gryphon Gold Corp GYPHQ

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

Bullboard Posts
Comment by metcoalfanon Jan 25, 2013 12:06pm
148 Views
Post# 20890537

RE: RE: metcoalfan

RE: RE: metcoalfan

No word yet on the pour.  From the press release and the convention, the projection was early this week, and it's now late this week.  My guess is that there is more than one moving part here - the pour, trying to push back some near term payables, and finding cash to do what can't be moved.  Size of pour surely has great influence on other two parts.  Seeing as how it's Friday and we've not heard, I'm guessing two things are possible - no p/r for the pour until a short term global fix for the current cash bind is found, or they ran into snafu with the pour.  I hope it's not the latter. 

Bullboard Posts

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