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.

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Gryphon Gold Corp

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Comment by Kiwi3on Feb 03, 2013 4:49pm

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Post# 20931499

RE: RE: RE: RE: Alternatives...

Anything that gets management to actually manage a mining operation is worth an investment by me. The issue here IMO is not Waterton it is the Gryphon Management and Directors messing up big time and then going whining to Waterton. Of course they will get hosed but fortunately it will not happen, just too complicated, but it will buy the time necessary.

They just could not keep it simple. Their excuse will be we hit the wall and had no choice. Excuse me you have been driving full speed at the wall for some time. I think Steve McQueen did a movie on something like this quite a while ago except he did not have a load of shareholders in the car with him.

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