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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 metcoalfanon Feb 07, 2013 6:20pm
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Post# 20955101

RE: RE: RE: RE: RE: Management...

RE: RE: RE: RE: RE: Management...

>>Red. I think Waterton wants a successful relationship but probably got so upset with the messups that they took control just to make it work.

I think I agree with Kiwi on this one.  I think that there is a long history here of mgmt not being completely upfront about the condition of the project.  I think an excellent question for the conference call would be to ask O'Neil what the state of affairs was in Dec/Jan when the boiler was down - was it in line with the press releases over that time frame - essentially continued heap development - or was it materially different - as in pretty much nothing done because there was no cash to pay the employees.   
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