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Thread: Grizzley Gold Trap is out of business

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  1. #1
    us
    Jun 2013
    El Dorado County
    ROCKING GOLD GRABBER MINI- BGT PROSPECTOR- ANGUS MACKIRK EXPLORER- MILLER TABLE, MULTIPLE SUCKER TUBES, VARIOUS HAND TOOLS, PANS AND CLASSIFERS, FORS GOLD PLUS, MINELAB PRO 25 PINPOINTER- DIY ROD MILL
    1,372
    2977 times
    All Types Of Treasure Hunting

    Grizzley Gold Trap is out of business

    Terry Soloman likes this.
    Quote Originally Posted by GoldDoozah View Post
    The fact that homo sapiens teach genetically engineered canines tricks, on the third planet of this particular star in the Milky Way, is extremely unlikely.

  2. #2
    us
    May 2014
    AZ
    Sweep Jig, Whippet Dry Washer, Lobo ST, 1/2 width 2 tray Gold Cube, numerous pans, rocker box, and /home made fluid bed and stream sluices.
    1,796
    2526 times
    Prospecting
    Too bad. I hope they at least broke even or their losses were minimal.
    If it can't be grown, it must be mined!

  3. #3

    May 2005
    St. Louis, missouri
    5,715
    4253 times
    Its sad to hear this !
    wildminer and HardHatMatt like this.

  4. #4
    Charter Member
    us
    TerryrSoloman.com

    May 2010
    White Plains, New York
    Minelab GPZ 7000; Equinox 600 -- Tesoro Mojave -- Grave Digger Tools Nemesis shovel, Sidekick hand digger -- Bunk's Hermit Pick
    15,740
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    Metal Detecting
    Very sad news.

  5. #5
    us
    Jan 2016
    South of Gunnison, Gold Basin
    F2
    1,397
    1438 times
    Prospecting
    That didn't last long.

  6. #6
    us
    Sep 2012
    Tujunga, CA
    Bazooka Gold Trap, A-51, Gold Pan
    916
    988 times
    Prospecting
    Yes it is sad. I felt they were underpriced to begin with. Great product but expensive to produce. Itís a shame their mold broke.

    Goldzooka may be back :0

    Nah.
    HardHatMatt likes this.

  7. #7
    us
    Jan 2016
    South of Gunnison, Gold Basin
    F2
    1,397
    1438 times
    Prospecting
    That would be a tough business for sure.

  8. #8
    MAGA

    Dec 2015
    Oregon Coast
    445
    663 times
    Prospecting
    Sad indeed. So much time and effort for naught. If I was rich I'd buy their new molds for them.
    russau likes this.

  9. #9
    us
    Soakin' Up the Sunshine

    Jun 2014
    Someplace Sunny, California
    Garrett Infinium LS
    213
    220 times
    Prospecting
    Damn. I kept wanting to purchase one and kept putting it on the back burner. Even sold my Bazooka Gold Trap in plans to buy one. Oh well, you snooze you loose

    If anyone in CA is interesting in selling one, PM me XD

  10. #10

    Mar 2016
    245
    175 times
    All Types Of Treasure Hunting
    takes more to stay successful in business than just having a product in demand unfortunately. Credit is dried up and they hit a financial brick wall. Kinda hard to keep small business going if you can't be liquid when you really need it.

  11. #11
    us
    www.FindingGOLDinColorado.com

    Jan 2012
    Summit County, Colorado
    Grizzly Goldtrap Explorer, Bazooka Goldtrap Prospector, Bazooka Goldtrap Sniper highbanker, Bazooka Goldtrap SuperMini, Angus Mackirk Expedition, custom metal sluices, Gold-n-Sand Xtream Hand pump
    6,604
    10127 times
    Prospecting

    Grizzley Gold Trap is out of business

    Quote Originally Posted by Golden_Crab View Post
    takes more to stay successful in business than just having a product in demand unfortunately. Credit is dried up and they hit a financial brick wall. Kinda hard to keep small business going if you can't be liquid when you really need it.
    He did it all without using credit. He did it to support the fluidbed prospecting community. With all the cost increases it just stopped making sense.

    For therapy, Iím taking him on a multi-way prospecting trip starting Sunday...nothing like a little paydirt therapy right?
    Last edited by KevinInColorado; Oct 19, 2018 at 11:15 PM.

  12. #12
    us
    Northern California

    Aug 2007
    Southern California
    XLT, GMT, 6000D Coinmaster
    3,670
    3819 times
    All Types Of Treasure Hunting
    GGT - having had to shut down two companies that I sweated over and nearly drove myself into the ground trying to keep them going, I feel for your loss! Thank you for all your efforts, congratulations on making so many improvements to and for a great product and the best of success to you in the future!...……………...63bkpkr
    Out searching w/GMT & friend under my arm

  13. #13

    Mar 2016
    Colorado
    139
    206 times
    All Types Of Treasure Hunting
    I admire anyone who has the stones to give it a go - very cool. Sorry it didn’t work out but hats off for your efforts to keep the fluid bed alive!

  14. #14
    us
    Sep 2012
    Tujunga, CA
    Bazooka Gold Trap, A-51, Gold Pan
    916
    988 times
    Prospecting
    I initially believed this effort was on the high end of cost, production wise. Aside from startup cost of molds and thermoform equipment, how many hours go into a sluice build? At more than a few there is no money left.

    Features! Those are key! Nope. Guess not. My latest is a nose*.

    Click image for larger version. 

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    Volume? How many potential buyers? How many do you need?

    Iíve heard things on the garage builds. .

  15. #15
    us
    May 2009
    Sailor Flat, Ca.
    SDC2300, Gold Bug 2 Burlap, fish oil, ACME handbook for TRUE prospectors (unread)
    5,015
    10694 times
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    Banner Finds (1)
    I think Dennis should regroup downsize and try to keep one model in production.

 

 
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