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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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Comment by Kiwi3on Jun 18, 2013 10:27pm
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Post# 21540932

RE: RE: RE: RE: RE: RE: Just called the mine

RE: RE: RE: RE: RE: RE: Just called the mine

The CEO of Golden Pheonix seriously messed up as he played right into Waterton's hands by thinking he could win on their grounds. GGN is seriously different. Not an easy kill for Waterton and if they try it will not be pretty from what I can see. Waterton has too much to lose on this one. Even by winning. Getting past the 10 million ton extraction limit will be a challenge. Upsetting everyone in Nevada will not make it easier. Modifying Esmarelda to do sulphides will also be a challenge if people are upset. Small community but very wise.

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities