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

Post by red911on Jun 15, 2013 7:27pm

126 Views

Post# 21529396

How?...

How does a company continuously miss deadlines, targets, operational goals, etc. for almost 2 years to the point of losing its interest in its only assest which happens to be a producing gold property in Nevada with more than $25M in brand new infrastructure? How is this possible? Shareholders will be left with basically nothing in just over a month unless they come up with almost $6M lump sum payment to pay a lender back for a loan made just 6 months ago. It all MAKES NO SENSE. What is GGN now? A company with 2 directors 1 of which is also the CEO. No updates. No news. How?>

Bullboard Posts

A Look into the Future of Chronic Pain Management