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6-K Filing

GOLD RESERVE LTD CIK: 1072725 Q1 2017
Filing Information
Form Type 6-K
Accession Number 0001072725-17-000015
Period End Date 20170331
Filing Date 20170519
Fiscal Year 2017
Fiscal Period Q1
XBRL Instance gdrzf-20170331.xml
Balance Sheet 42 line items
Line Item Tag Value Unit Period
Cash and cash equivalents (Note 4) CashAndCashEquivalentsAtCarryingValue $10.62M USD Point-in-time
Cash and cash equivalents (Note 4) CashAndCashEquivalentsAtCarryingValue $35.75M USD Point-in-time
Cash and cash equivalents (Note 4) CashAndCashEquivalentsAtCarryingValue $9.35M USD Point-in-time
Cash and cash equivalents (Note 4) CashAndCashEquivalentsAtCarryingValue $34.04M USD Point-in-time
Marketable securities (Notes 5 and 6) MarketableSecuritiesCurrent $451.85K USD Point-in-time
Marketable securities (Notes 5 and 6) MarketableSecuritiesCurrent $541.22K USD Point-in-time
Deposits, advances and other OtherAssetsCurrent $577.01K USD Point-in-time
Deposits, advances and other OtherAssetsCurrent $153.92K USD Point-in-time
Issued and outstanding CommonStockSharesOutstanding 89.71M shares Point-in-time
Total current assets AssetsCurrent $36.44M USD Point-in-time
Total current assets AssetsCurrent $35.07M USD Point-in-time
Issued and outstanding CommonStockSharesOutstanding 89.85M shares Point-in-time
Property, plant and equipment, net (Note 7) PropertyPlantAndEquipmentNet $12.05M USD Point-in-time
Property, plant and equipment, net (Note 7) PropertyPlantAndEquipmentNet $12.05M USD Point-in-time
Total assets Assets $47.12M USD Point-in-time
Total assets Assets $48.49M USD Point-in-time
Accounts payable and accrued expenses (Note 3) AccountsPayableAndAccruedLiabilitiesCurrent $691.41K USD Point-in-time
Accounts payable and accrued expenses (Note 3) AccountsPayableAndAccruedLiabilitiesCurrent $700.76K USD Point-in-time
Accrued interest InterestPayableCurrent $16.65K USD Point-in-time
Accrued interest InterestPayableCurrent $2.38K USD Point-in-time
Total current liabilities LiabilitiesCurrent $693.79K USD Point-in-time
Total current liabilities LiabilitiesCurrent $717.41K USD Point-in-time
Convertible notes and interest notes (Note 11) ConvertibleDebtNoncurrent $46.60M USD Point-in-time
Convertible notes and interest notes (Note 11) ConvertibleDebtNoncurrent $43.97M 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 $48.33M USD Point-in-time
Total liabilities Liabilities $45.67M USD Point-in-time
Common shares CommonStockValue $342.76M USD Point-in-time
Common shares CommonStockValue $342.19M USD Point-in-time
Contributed Surplus (Note 11) ContributedSurplus $25.72M USD Point-in-time
Contributed Surplus (Note 11) ContributedSurplus $25.72M USD Point-in-time
Stock options (Note 10) StockOptions $21.60M USD Point-in-time
Stock options (Note 10) StockOptions $17.35M USD Point-in-time
Accumulated deficit AccumulatedDeficit $391.65M USD Point-in-time
Accumulated deficit AccumulatedDeficit $382.90M USD Point-in-time
Accumulated other comprehensive income AccumulatedOtherComprehensiveIncomeLossNetOfTax $353.81K USD Point-in-time
Accumulated other comprehensive income AccumulatedOtherComprehensiveIncomeLossNetOfTax $443.17K USD Point-in-time
Total shareholders' equity (deficit) StockholdersEquity $2.81M USD Point-in-time
Total shareholders' equity (deficit) StockholdersEquity $-1.22M USD Point-in-time
Total liabilities and shareholders' equity LiabilitiesAndStockholdersEquity $48.49M USD Point-in-time
Total liabilities and shareholders' equity LiabilitiesAndStockholdersEquity $47.12M USD Point-in-time
Income Statement 30 line items
Line Item Tag Value Unit Period
Gain on disposition of marketable securities GainLossOnSaleOfSecuritiesNet $48.30K USD 1 Quarter
Gain on disposition of marketable securities GainLossOnSaleOfSecuritiesNet - USD 1 Quarter
Interest OtherInterestAndDividendIncome $2.11K USD 1 Quarter
Interest OtherInterestAndDividendIncome $15.03K USD 1 Quarter
Foreign currency loss ForeignCurrencyTransactionGainLossBeforeTax $-8.34K USD 1 Quarter
Foreign currency loss ForeignCurrencyTransactionGainLossBeforeTax $-5.49K USD 1 Quarter
Total OTHER INCOME (LOSS) OtherIncome $44.92K USD 1 Quarter
Total OTHER INCOME (LOSS) OtherIncome $6.69K USD 1 Quarter
Corporate general and administrative GeneralAndAdministrativeExpense $747.71K USD 1 Quarter
Corporate general and administrative GeneralAndAdministrativeExpense $5.39M USD 1 Quarter
Mixed Company (Note 8) MixedCompany - USD 1 Quarter
Mixed Company (Note 8) MixedCompany $206.00K USD 1 Quarter
Exploration ExplorationExpense $61.55K USD 1 Quarter
Exploration ExplorationExpense $28.69K USD 1 Quarter
Legal and accounting LegalAndAccounting $193.27K USD 1 Quarter
Legal and accounting LegalAndAccounting $149.07K USD 1 Quarter
Arbitration and Settlement (Note 3) ArbitralAwardSettlement $182.26K USD 1 Quarter
Arbitration and Settlement (Note 3) ArbitralAwardSettlement $1.34M USD 1 Quarter
Equipment holding costs EquipmentHoldingCosts $155.03K USD 1 Quarter
Equipment holding costs EquipmentHoldingCosts $209.47K USD 1 Quarter
Interest expense (Note 11) InterestExpense $2.65M USD 1 Quarter
Interest expense (Note 11) InterestExpense $2.41M USD 1 Quarter
Total EXPENSES TotalExpenses $8.76M USD 1 Quarter
Total EXPENSES TotalExpenses $4.97M USD 1 Quarter
Net loss for the period NetIncomeLoss $-4.92M USD 1 Quarter
Net loss for the period NetIncomeLoss $-8.75M USD 1 Quarter
Net loss per share, basic and diluted EarningsPerShareBasicAndDiluted $-0.10 USD 1 Quarter
Net loss per share, basic and diluted EarningsPerShareBasicAndDiluted $-0.06 USD 1 Quarter
Weighted average common shares outstanding, basic and diluted WeightedAverageNumberOfDilutedSharesOutstanding 89.81M shares 1 Quarter
Weighted average common shares outstanding, basic and diluted WeightedAverageNumberOfDilutedSharesOutstanding 78.67M shares 1 Quarter
Cash Flow Statement 36 line items
Line Item Tag Value Unit Period
Net loss for the period ProfitLoss $-4.92M USD 1 Quarter
Net loss for the period ProfitLoss $-8.75M USD 1 Quarter
Stock option compensation StockOptionPlanExpense $4.42M USD 1 Quarter
Stock option compensation StockOptionPlanExpense $8.18K USD 1 Quarter
Depreciation Depreciation $1.20K USD 1 Quarter
Depreciation Depreciation $1.62K USD 1 Quarter
Gain on disposition of marketable securities MarketableSecuritiesGainLoss $-48.30K USD 1 Quarter
Gain on disposition of marketable securities MarketableSecuritiesGainLoss - USD 1 Quarter
Accretion of convertible notes AccretionExpense $2.40M USD 1 Quarter
Accretion of convertible notes AccretionExpense $2.63M USD 1 Quarter
Net decrease (increase) in deposits and advances IncreaseDecreaseInDeposits $-423.10K USD 1 Quarter
Net decrease (increase) in deposits and advances IncreaseDecreaseInDeposits $143.00K USD 1 Quarter
Net increase (decrease) in accounts payable and accrued expenses IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $23.62K USD 1 Quarter
Net increase (decrease) in accounts payable and accrued expenses IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $-148.25K USD 1 Quarter
Net cash used in operating activities NetCashProvidedByUsedInOperatingActivities $-2.10M USD 1 Quarter
Net cash used in operating activities NetCashProvidedByUsedInOperatingActivities $-2.57M USD 1 Quarter
Purchase of property, plant and equipment PaymentsToAcquireOtherPropertyPlantAndEquipment $2.84K USD 1 Quarter
Purchase of property, plant and equipment PaymentsToAcquireOtherPropertyPlantAndEquipment $350.00K USD 1 Quarter
Proceeds from disposition of marketable securities ProceedsFromSaleAndMaturityOfMarketableSecurities - USD 1 Quarter
Proceeds from disposition of marketable securities ProceedsFromSaleAndMaturityOfMarketableSecurities $48.30K USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-2.84K USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-301.70K USD 1 Quarter
Proceeds from the issuance of common shares ProceedsFromIssuanceOfCommonStock $397.38K USD 1 Quarter
Proceeds from the issuance of common shares ProceedsFromIssuanceOfCommonStock $4.14M USD 1 Quarter
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $397.38K USD 1 Quarter
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $4.14M USD 1 Quarter
Net increase (decrease) in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $1.27M USD 1 Quarter
Net increase (decrease) in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $-1.71M USD 1 Quarter
Cash and cash equivalents - beginning of period CashAndCashEquivalentsAtCarryingValue $10.62M USD Point-in-time
Cash and cash equivalents - beginning of period CashAndCashEquivalentsAtCarryingValue $35.75M USD Point-in-time
Cash and cash equivalents - beginning of period CashAndCashEquivalentsAtCarryingValue $9.35M USD Point-in-time
Cash and cash equivalents - beginning of period CashAndCashEquivalentsAtCarryingValue $34.04M USD Point-in-time
Cash and cash equivalents - end of period CashAndCashEquivalentsAtCarryingValue $10.62M USD Point-in-time
Cash and cash equivalents - end of period CashAndCashEquivalentsAtCarryingValue $35.75M USD Point-in-time
Cash and cash equivalents - end of period CashAndCashEquivalentsAtCarryingValue $9.35M USD Point-in-time
Cash and cash equivalents - end of period CashAndCashEquivalentsAtCarryingValue $34.04M USD Point-in-time
Stockholders Equity 2 line items
Line Item Tag Value Unit Period
Balance StockholdersEquity $2.81M USD Point-in-time
Balance StockholdersEquity $-1.22M USD Point-in-time
Comprehensive Income 8 line items
Line Item Tag Value Unit Period
Net loss for the period NetIncomeLoss $-4.92M USD 1 Quarter
Net loss for the period NetIncomeLoss $-8.75M USD 1 Quarter
Unrealized gain (loss) on marketable securities, net of tax of nil (Note 5) OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $132.78K USD 1 Quarter
Unrealized gain (loss) on marketable securities, net of tax of nil (Note 5) OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $-89.37K USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $-89.37K USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $132.78K USD 1 Quarter
Comprehensive loss for the period ComprehensiveLossForThePeriod $-8.84M USD 1 Quarter
Comprehensive loss for the period ComprehensiveLossForThePeriod $-4.79M USD 1 Quarter

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

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