6-K Filing

GOLD RESERVE LTD CIK: 1072725 Q2 2014

Filing Information

Form Type	6-K
Accession Number	`0001072725-14-000063`
Period End Date	20140630
Filing Date	20140829
Fiscal Year	2014
Fiscal Period	Q2
XBRL Instance	gdrzf-20140630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 48 Income Statement 16 Cash Flow Statement 88 Stockholders Equity 12

Balance Sheet 48 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents (Note 4)	`CashAndCashEquivalentsAtCarryingValue`	$6.37M	USD	Point-in-time
Cash and cash equivalents (Note 4)	`CashAndCashEquivalentsAtCarryingValue`	$3.63M	USD	Point-in-time
Cash and cash equivalents (Note 4)	`CashAndCashEquivalentsAtCarryingValue`	$8.35M	USD	Point-in-time
Cash and cash equivalents (Note 4)	`CashAndCashEquivalentsAtCarryingValue`	$1.61M	USD	Point-in-time
Cash and cash equivalents (Note 4)	`CashAndCashEquivalentsAtCarryingValue`	$2.98M	USD	Point-in-time
Cash and cash equivalents (Note 4)	`CashAndCashEquivalentsAtCarryingValue`	$10.25M	USD	Point-in-time
Marketable securities (Notes 5 and 6)	`MarketableSecuritiesCurrent`	$318.44K	USD	Point-in-time
Marketable securities (Notes 5 and 6)	`MarketableSecuritiesCurrent`	$373.42K	USD	Point-in-time
Deposits, advances and other	`OtherAssetsCurrent`	$159.19K	USD	Point-in-time
Deposits, advances and other	`OtherAssetsCurrent`	$210.46K	USD	Point-in-time
Issued and outstanding	`CommonStockSharesOutstanding`	75.52M	shares	Point-in-time
Issued and outstanding	`CommonStockSharesOutstanding`	76.06M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$10.84M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.45M	USD	Point-in-time
Property, plant and equipment, net (Note 7)	`PropertyPlantAndEquipmentNet`	$19.02M	USD	Point-in-time
Property, plant and equipment, net (Note 7)	`PropertyPlantAndEquipmentNet`	$19.30M	USD	Point-in-time
Total assets	`Assets`	$29.86M	USD	Point-in-time
Total assets	`Assets`	$22.76M	USD	Point-in-time
Issued and outstanding	`IssuedAndOutstanding`	500,236.00	shares	Point-in-time
Issued and outstanding	`IssuedAndOutstanding`	961.00	shares	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$615.27K	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$890.59K	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$2.39K	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$64.26K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$892.98K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$679.53K	USD	Point-in-time
Convertible notes (Note 11)	`ConvertibleDebtNoncurrent`	$32.18M	USD	Point-in-time
Convertible notes (Note 11)	`ConvertibleDebtNoncurrent`	$24.00M	USD	Point-in-time
Other (Note 11)	`OtherLiabilitiesNoncurrent`	$1.01M	USD	Point-in-time
Other (Note 11)	`OtherLiabilitiesNoncurrent`	$1.01M	USD	Point-in-time
Total liabilities	`Liabilities`	$34.08M	USD	Point-in-time
Total liabilities	`Liabilities`	$25.69M	USD	Point-in-time
Common shares and equity units	`CommonStockValue`	$289.27M	USD	Point-in-time
Common shares and equity units	`CommonStockValue`	$289.15M	USD	Point-in-time
Contributed Surplus	`ContributedSurplus`	$5.17M	USD	Point-in-time
Contributed Surplus	`ContributedSurplus`	$10.92M	USD	Point-in-time
Warrants	`WarrantsNotSettleableInCashFairValueDisclosure`	$543.91K	USD	Point-in-time
Warrants	`WarrantsNotSettleableInCashFairValueDisclosure`	$543.91K	USD	Point-in-time
Stock options (Note 9)	`StockOptions`	$19.80M	USD	Point-in-time
Stock options (Note 9)	`StockOptions`	$19.85M	USD	Point-in-time
Accumulated deficit	`AccumulatedDeficit`	$317.65M	USD	Point-in-time
Accumulated deficit	`AccumulatedDeficit`	$324.81M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-2.57K	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$52.40K	USD	Point-in-time
Total shareholders' deficit	`StockholdersEquity`	$-2.93M	USD	Point-in-time
Total shareholders' deficit	`StockholdersEquity`	$-4.22M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$29.86M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$22.76M	USD	Point-in-time

Income Statement 16 line items

Line Item	Tag	Value	Unit	Period
Net loss for the period	`NetLossForThePeriod`	$-7.16M	USD	2 Qtrs
Net loss for the period	`NetLossForThePeriod`	$-7.33M	USD	2 Qtrs
Net loss for the period	`NetLossForThePeriod`	$-4.35M	USD	1 Quarter
Net loss for the period	`NetLossForThePeriod`	$-4.12M	USD	1 Quarter
Unrealized gain (loss) on marketable securities (Note 5)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-243.92K	USD	2 Qtrs
Unrealized gain (loss) on marketable securities (Note 5)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$54.97K	USD	2 Qtrs
Unrealized gain (loss) on marketable securities (Note 5)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-164.47K	USD	1 Quarter
Unrealized gain (loss) on marketable securities (Note 5)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$18.60K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLoss`	$-243.92K	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLoss`	$54.97K	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLoss`	$18.60K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLoss`	$-164.47K	USD	1 Quarter
Comprehensive loss for the period	`ComprehensiveLossForThePeriod`	$-7.11M	USD	2 Qtrs
Comprehensive loss for the period	`ComprehensiveLossForThePeriod`	$-7.57M	USD	2 Qtrs
Comprehensive loss for the period	`ComprehensiveLossForThePeriod`	$-4.33M	USD	1 Quarter
Comprehensive loss for the period	`ComprehensiveLossForThePeriod`	$-4.28M	USD	1 Quarter

Cash Flow Statement 88 line items

Line Item	Tag	Value	Unit	Period
Net loss for the period	`ProfitLoss`	$-7.16M	USD	2 Qtrs
Net loss for the period	`ProfitLoss`	$-7.33M	USD	2 Qtrs
Net loss for the period	`ProfitLoss`	$-4.12M	USD	1 Quarter
Net loss for the period	`ProfitLoss`	$-4.35M	USD	1 Quarter
Stock option compensation	`StockOptionPlanExpense`	-	USD	2 Qtrs
Stock option compensation	`StockOptionPlanExpense`	-	USD	1 Quarter
Stock option compensation	`StockOptionPlanExpense`	$324.23K	USD	1 Quarter
Stock option compensation	`StockOptionPlanExpense`	$459.48K	USD	2 Qtrs
Depreciation	`Depreciation`	$9.38K	USD	2 Qtrs
Depreciation	`Depreciation`	$4.22K	USD	1 Quarter
Depreciation	`Depreciation`	$2.62K	USD	1 Quarter
Depreciation	`Depreciation`	$5.43K	USD	2 Qtrs
Loss on debt restructuring	`GainsLossesOnExtinguishmentOfDebt`	$161.29K	USD	2 Qtrs
Loss on debt restructuring	`GainsLossesOnExtinguishmentOfDebt`	$161.29K	USD	1 Quarter
Loss on debt restructuring	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on debt restructuring	`GainsLossesOnExtinguishmentOfDebt`	-	USD	2 Qtrs
Write-off of mineral property	`WriteoffOfMineralProperty`	$425.01K	USD	1 Quarter
Write-off of mineral property	`WriteoffOfMineralProperty`	-	USD	1 Quarter
Write-off of mineral property	`WriteoffOfMineralProperty`	-	USD	2 Qtrs
Write-off of mineral property	`WriteoffOfMineralProperty`	$425.01K	USD	2 Qtrs
Accretion of convertible notes	`AccretionExpense`	$941.99K	USD	1 Quarter
Accretion of convertible notes	`AccretionExpense`	$1.86M	USD	2 Qtrs
Accretion of convertible notes	`AccretionExpense`	$2.32M	USD	2 Qtrs
Accretion of convertible notes	`AccretionExpense`	$1.14M	USD	1 Quarter
Notes issued for interest	`NotesIssuedForInterest`	$135.29K	USD	1 Quarter
Notes issued for interest	`NotesIssuedForInterest`	-	USD	2 Qtrs
Notes issued for interest	`NotesIssuedForInterest`	$135.29K	USD	2 Qtrs
Notes issued for interest	`NotesIssuedForInterest`	-	USD	1 Quarter
Shares issued for compensation	`StockGrantedDuringPeriodValueSharebasedCompensation`	$5.83K	USD	2 Qtrs
Shares issued for compensation	`StockGrantedDuringPeriodValueSharebasedCompensation`	-	USD	1 Quarter
Shares issued for compensation	`StockGrantedDuringPeriodValueSharebasedCompensation`	-	USD	1 Quarter
Shares issued for compensation	`StockGrantedDuringPeriodValueSharebasedCompensation`	-	USD	2 Qtrs
Net (increase) decrease in deposits and advances	`IncreaseDecreaseInDeposits`	$123.97K	USD	1 Quarter
Net (increase) decrease in deposits and advances	`IncreaseDecreaseInDeposits`	$29.50K	USD	1 Quarter
Net (increase) decrease in deposits and advances	`IncreaseDecreaseInDeposits`	$-51.26K	USD	2 Qtrs
Net (increase) decrease in deposits and advances	`IncreaseDecreaseInDeposits`	$-160.55K	USD	2 Qtrs
Net increase (decrease) in accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-63.95K	USD	1 Quarter
Net increase (decrease) in accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-79.77K	USD	2 Qtrs
Net increase (decrease) in accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$213.45K	USD	2 Qtrs
Net increase (decrease) in accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-423.94K	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-2.52M	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-3.95M	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-3.15M	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-5.23M	USD	2 Qtrs
Purchase of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$127.02K	USD	1 Quarter
Purchase of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$150.00K	USD	2 Qtrs
Purchase of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$127.02K	USD	2 Qtrs
Purchase of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$150.00K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-127.02K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-150.00K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-127.02K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-150.00K	USD	1 Quarter
Proceeds from the issuance of convertible notes	`ProceedsFromConvertibleDebt`	-	USD	1 Quarter
Proceeds from the issuance of convertible notes	`ProceedsFromConvertibleDebt`	$12.00M	USD	2 Qtrs
Proceeds from the issuance of convertible notes	`ProceedsFromConvertibleDebt`	-	USD	2 Qtrs
Proceeds from the issuance of convertible notes	`ProceedsFromConvertibleDebt`	$12.00M	USD	1 Quarter
Net proceeds from the issuance of common shares	`ProceedsFromIssuanceOfCommonStock`	-	USD	1 Quarter
Net proceeds from the issuance of common shares	`ProceedsFromIssuanceOfCommonStock`	$535.29K	USD	1 Quarter
Net proceeds from the issuance of common shares	`ProceedsFromIssuanceOfCommonStock`	$638.81K	USD	2 Qtrs
Net proceeds from the issuance of common shares	`ProceedsFromIssuanceOfCommonStock`	$68.25K	USD	2 Qtrs
Restructure fees	`RestructureFees`	$684.49K	USD	2 Qtrs
Restructure fees	`RestructureFees`	-	USD	2 Qtrs
Restructure fees	`RestructureFees`	$684.49K	USD	1 Quarter
Restructure fees	`RestructureFees`	-	USD	1 Quarter
Settlement of convertible notes	`EarlyRepaymentOfSeniorDebt`	-	USD	1 Quarter
Settlement of convertible notes	`EarlyRepaymentOfSeniorDebt`	$4.00K	USD	2 Qtrs
Settlement of convertible notes	`EarlyRepaymentOfSeniorDebt`	-	USD	2 Qtrs
Settlement of convertible notes	`EarlyRepaymentOfSeniorDebt`	$4.00K	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$638.81K	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$11.38M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$11.31M	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$535.29K	USD	1 Quarter
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-2.74M	USD	1 Quarter
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$7.28M	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-4.72M	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$8.64M	USD	1 Quarter
Cash and cash equivalents - beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$6.37M	USD	Point-in-time
Cash and cash equivalents - beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$3.63M	USD	Point-in-time
Cash and cash equivalents - beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$8.35M	USD	Point-in-time
Cash and cash equivalents - beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$1.61M	USD	Point-in-time
Cash and cash equivalents - beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$2.98M	USD	Point-in-time
Cash and cash equivalents - beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$10.25M	USD	Point-in-time
Cash and cash equivalents - end of period	`CashAndCashEquivalentsAtCarryingValue`	$6.37M	USD	Point-in-time
Cash and cash equivalents - end of period	`CashAndCashEquivalentsAtCarryingValue`	$3.63M	USD	Point-in-time
Cash and cash equivalents - end of period	`CashAndCashEquivalentsAtCarryingValue`	$8.35M	USD	Point-in-time
Cash and cash equivalents - end of period	`CashAndCashEquivalentsAtCarryingValue`	$1.61M	USD	Point-in-time
Cash and cash equivalents - end of period	`CashAndCashEquivalentsAtCarryingValue`	$2.98M	USD	Point-in-time
Cash and cash equivalents - end of period	`CashAndCashEquivalentsAtCarryingValue`	$10.25M	USD	Point-in-time

Stockholders Equity 12 line items

Line Item	Tag	Value	Unit	Period
Average share price of stock issued for exercised options	`AverageSharePriceOfStockIssuedForExercisedOptions`	$1.82	USD	2 Qtrs
Average share price of stock issued for exercised options	`AverageSharePriceOfStockIssuedForExercisedOptions`	$0.43	USD	Annual
Average share price of stock issued for private placement	`AverageSharePriceOfStockIssuedForPrivatePlacement`	$2.56	USD	Annual
Average share price of stock issued for debt settlement	`AverageSharePriceOfStockIssuedForDebtSettlement`	$2.90	USD	Annual
Balance	`StockholdersEquity`	$-2.93M	USD	Point-in-time
Balance	`StockholdersEquity`	$-4.22M	USD	Point-in-time
Net loss	`NetIncomeLoss`	$6.11K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-23.12K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-162.56K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-168.19K	USD	2 Qtrs
Balance	`StockholdersEquity`	$-2.93M	USD	Point-in-time
Balance	`StockholdersEquity`	$-4.22M	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.