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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
Post by red911on Feb 05, 2013 9:35am
134 Views
Post# 20939370

Trade Data...

Trade Data...

I would like to see this PUBLIC company care more about its stock price.  Imagine if we were still at 20 cents last week and could have gone to the market for another $4M via issuing 20M shares (10% dilution) instead of JVing a 60% interest.  Even 40M for $8M would have probably done the trick if they are about to pull off what this JV would require them to pull off over the next 6 months.  

"We are focused on operations" they would say... How's that working for you now?  A PUBLIC company who needs money to exist should always be aware of how its shares are being treated in the public market.  If they are not being respected (as I would argue GGNs have not) do something about it.  IMO GGN is the one who should hire a lawyer to investigate manipulation of their stock price over the past 2 years. 

Bullboard Posts