gold stocks to watch in 2009, page-49

GRY

"maiden global resource at the Banfora Project of 6.1Mt @ 2.1g/t for 410,000oz
of gold of which the majority is shallow and above 100 meters depth"


"The Banfora Gold Project is located in the south�west of Burkina Faso, West Africa in a major gold producing district..... The project is owned 100% by Gryphon Minerals."


High grade, open pittable, world class, low cost, oversold at the moment, she's ready to go....

Get on board the train before it leaves the station, worth the ticket...


FML

Small producer, currently hedged til around September. Recent/Ongoing cap raising to expand production output to 100,000+ oz, via plant refrubishment, due to be completed by end of year (in line with predictions of POG to reach $2000).

Downside, share dillution. Upside tremendous, with further drilling to upgrade resources.

I see a gradual build up over the next 6 months with huge rewards in 2010.