Past year: ▲ 0%(0.01c – 0.01c USD)
Each one in plain English, with the numbers worked through for a shareholder.
26 Apr 2011resource reserve update● Neutral
On April 25, 2011 Gryphon filed an updated NI 43-101 Pre-Feasibility Study for the Borealis project in Mineral County, Nevada, and furnished it to the SEC. The 8-K text itself gives no resource, cost or return figures; the study is attached as an exhibit whose contents are not shown here. This updates the July/September 2009 pre-feasibility study.
17 Aug 2010farm in farm out agreement▼ BadMajor
On August 16, 2010 Gryphon, Borealis Mining and Sage signed an agreement ending the Sage option and subscription agreements, and a joint release says both sides mutually agreed to end the option. Gryphon says it incurred no material termination penalties. Sage will not earn a 50% joint venture interest in Borealis, so the option route to funding Borealis is closed; the filing does not say what happens to Sage's US$200,000 already invested in units.
22 Sept 2009resource reserve update● Neutral
Gryphon furnished to the SEC a 'Revised and Restated' version of the Borealis NI 43-101 Pre-Feasibility Study, dated September 17, 2009 and filed in Canada on September 22, 2009. The 8-K text has no figures or conclusions (they are in the exhibits), and it does not say why the earlier July 2009 study was revised and restated.
22 Sept 2009resource reserve update● Neutral
On September 21, 2009 Gryphon issued a press release titled 'Positive Pre-Feasibility Study Filed for Borealis Oxide Project in Nevada'. The 8-K text itself contains no results or figures; the press release is only an exhibit title, so what the study found is not shown here. It follows the July 2009 Pre-Feasibility Study already furnished.
11 Sept 2009resource reserve update● NeutralMajor
At the September 3, 2009 annual meeting, all five director nominees (including John Key and Gerald Baughman) were elected and the auditor appointment was ratified, with 45.81% of shares present. The CEO told shareholders the company is looking at financing to put Borealis into production, that construction this fall would need financing complete by the end of October, and that a convertible debt structure is preferred. A New York investment bank has been engaged, and a special meeting with four items was called, details in a proxy filed September 10, 2009.
2 Sept 2009resource reserve update● Neutral
Gryphon furnished to the SEC the NI 43-101 Pre-Feasibility Study of the Borealis Gold Project dated July 20, 2009, already filed in Canada on August 27, 2009. The 8-K text itself gives no results or figures, which are in the attached study, so this follows the 2008 Preliminary Assessment without showing what the study concluded.
7 Oct 2008resource reserve update● Neutral
Gryphon furnished to the SEC a Preliminary Assessment of the Borealis Gold Project dated September 2, 2008, already filed in Canada. The 8-K text gives no resource figures or economics, only the report title, authors and standard cautions about resource terms, so the findings are in the exhibit. It follows the August 2008 press release that said this study was due in early September.
