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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Post by darwindon Feb 05, 2013 5:00pm

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Post# 20942703

Questions

1) What 3rd party's were consulted before this deal went through.Share holder approval?

2) How many other options were exhausted before this deal went through. IE shareholders, banks etc.

3) Was there any collusion between managment and Waterton as management does not own shares. Is a 50,000 riase appropriate after throwing share holders under a bus.

4) Was a 50/50 deal with with no debt considered. Did Waterton even consider paying a close to fair price for gold in the ground?

5) Is there a plan for success or is Waterton setting GGN up to fail?

6) If GGN does fail is Watertobn worried about it's reputation and what legal recourse do investors have.

7) Can this deal be re-structured.

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