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 Kiwi3on Apr 06, 2013 7:20pm

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Post# 21221386

RE: RE: RE: Something does not compute

There is a strategy here. A flaw in what Mr O'Neil and the Board plus Waterton has been trying to do. As far as Mr Kaiser dig into his past. Waterton in their quest to get a great deal got sucked into something the Directors had on their own personal agendas. They may have gotten conned by the Directors acting to their own agenda, not that of the company. Track Mr Kaiser and all of his relationships including Mr Cryan.

I think GMP has done their homework. I would not touch Waterton in any investment if they were part of this. People make mistakes and it is up to Waterton to backtrack and correct their actions. It is up to us to bring in new Directors and then get rid of the old Directors in that sequence. We should keep Mr O'Neil, but on a short leash, so he has the opportunity, under supervision, to clean up the damage he created. Why give him a gravy train to retirement based on severance payments. Make him work for a change.

Where is GMP ?

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