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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
Bullboard Posts
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Post by red911on May 31, 2013 12:03pm
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Post# 21471996

JTO...

JTO...

If everything was working the way JTO (as CEO for the past year or more) had communicated it would to shareholders many times (and as SGN seems to have successfully executed not far away)... i.e. the plan he communicated, managed, and was responsible for executing (along with our great partner Waterton... "a strong supporter of Gryphon Gold and an integral part of the advancement of the Borealis property")... WHY did he resign?

JTO Jan 31... "This transaction provides the company with a strengthened capital structure and, importantly, adds Waterton as a joint-venture partner, bringing a wealth of technical expertise and successful gold mining experience.  With their (Waterton) partnership, we expect to significantly increase mining efforts and current production activities, including adding additional crushing capabilities and hauling equipment."

When do shareholders start to see some of these benefits reflected in share price?  That was/is supposed to be the idea here is it not? 

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities