GRZG | Grizzly Gold Corp. Dumpage Has Officially Begun

GRZG Stock, Grizzly Gold Corp., BCSS, BCSS Stock, GRZG ScamEarly investors in the newly active penny stock of Grizzly Gold Corp. (GRZG), fka BCS Solutions Inc. (BCSS), have stuck gold already to the tune of 221,934%. That’s right. The S-1 listed purchasers of 1.405 million shares of BCSS stock are sitting with 23.90 million post split shares of GRZG stock just waiting for the day when the gold explorer would begin trading. After Thursday’s news that the drilling program had begun on the Company’s leased LB Vixen property, traders who don’t know much about the insider connections for this Nevada gold play are serving themselves up for a scalping.

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GRZG Stock, Grizzly Gold Corp., BCSS, BCSS Stock, GRZG ScamGRZG Stock Chart

Market Cap: 62.75M
Close: 1.31, up 0.05 (3.97%)
Volume: 253,936
Dollar Volume: $327,870
High: 1.31
Low: 1.25
Trades: 142
Average Trade Size: 1,788
Authorized: 300,000,000
Issued and Outstanding: 47,900,000
Stock Split: 17-for-1 on March 25, 2011

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As per the last 10-Q filed, Grizzly Gold expects that it will need approximately $407,000 to fund its operations during the next twelve months which will include property option payments, exploration of its property as well as the costs associated with maintaining an office. They pretty much achieved that already with Thursday and Friday’s trading sessions by selling into the speculators who were loading up on GRZG stock.

Surely the early investors will be making out a lot better than the retail investors since, after the 17-for-1 forward split in March, 2011, their collective 23.90 million shares have a cost basis of just $0.00059 (see here). The remaining 24.00 million shares were swapped from BCS Solutions sole director, Tyler Vorhies to Jeoffrey Avancena on April 5, 2011 when he acquired control of Grizzly Gold for $230,000 (see here).

Paul Strobel is settled in as the President and CEO of Grizzly Gold while he sits as Director for Ranger Gold Corp. (RNGC), a gold exploration company whose Chairman, President, CEO, COO, Secretary Treasurer, and Director is Gurpartap Singh Basrai, aka Gary Basrai. Basari is one of the more popular surnames listed on the original S-1 for BCS Solutions whereby insiders own shares at well under a penny. RNGC stock had two spurts: one in April ’10 and another in May ’11 (see here). Basically, it was nothing more than a dilution slide very similar to the recent Chimera Energy Corp. (CHMR) dumpage.

So, with the news announcement that Grizzly Gold has identified four proposed drill sites that are planned to be high angle reverse circulation holes from 600 feet to 800 feet in length means that the game is on, especially since all four drill sites are either on pre-existing roads or roads built by Grizzly in late 2011. Hey, they built their own roads — That’s gotta count for something.

About GRZG Stock

Grizzly Gold Corp., a development stage company with no products or services as of July 31, 2012, is in the business of exploring and if warranted, advancing certain un-patented Nevada mineral claims to a point where the Company believes maximum shareholder returns can be realized. The Company currently has one property under option which is located in Humboldt County, Nevada.

Click here to view to SEC filings for GRZG.

Bottom Line: Get GRZG on the list of penny stocks to avoid far away from the watchlist stocks like GRPH. Be on the lookout for Google ads running out there on the financial sites exactly like CHMR did to dump their stock. GRZG stock is priced to keep out flippers so that the Basrai & Co. insiders, at a fraction of a penny, can get the biggest bang for the buck from high priced PPC ads that likely will begin circulating out there on places like MSN and WSJ.

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