6-K Filing
Filing Information
| Form Type | 6-K |
| Accession Number | 0001072725-18-000022 |
| Period End Date | 20180331 |
| Filing Date | 20180522 |
| Fiscal Year | 2018 |
| Fiscal Period | Q1 |
| XBRL Instance | gdrzf-20180331.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
40 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Cash and cash equivalents (Note 4) |
CashAndCashEquivalentsAtCarryingValue
|
$34.04M | USD | Point-in-time |
| Cash and cash equivalents (Note 4) |
CashAndCashEquivalentsAtCarryingValue
|
$35.75M | USD | Point-in-time |
| Cash and cash equivalents (Note 4) |
CashAndCashEquivalentsAtCarryingValue
|
$132.61M | USD | Point-in-time |
| Cash and cash equivalents (Note 4) |
CashAndCashEquivalentsAtCarryingValue
|
$137.67M | USD | Point-in-time |
| Marketable securities (Note 5) |
MarketableSecuritiesCurrent
|
$239.23K | USD | Point-in-time |
| Marketable securities (Note 5) |
MarketableSecuritiesCurrent
|
$251.69K | USD | Point-in-time |
| Deposits, advances and other |
OtherAssetsCurrent
|
$156.05K | USD | Point-in-time |
| Deposits, advances and other |
OtherAssetsCurrent
|
$315.21K | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$133.17M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$138.07M | USD | Point-in-time |
| Property, plant and equipment, net (Note 6) |
PropertyPlantAndEquipmentNet
|
$12.64M | USD | Point-in-time |
| Property, plant and equipment, net (Note 6) |
PropertyPlantAndEquipmentNet
|
$12.63M | USD | Point-in-time |
| Total assets |
Assets
|
$150.70M | USD | Point-in-time |
| Total assets |
Assets
|
$145.81M | USD | Point-in-time |
| Accounts payable and accrued expenses (Note 3) |
AccountsPayableAndAccruedLiabilitiesCurrent
|
$2.17M | USD | Point-in-time |
| Accounts payable and accrued expenses (Note 3) |
AccountsPayableAndAccruedLiabilitiesCurrent
|
$1.54M | USD | Point-in-time |
| Income tax payable |
TaxesPayableCurrent
|
$7.30M | USD | Point-in-time |
| Income tax payable |
TaxesPayableCurrent
|
$1.26M | USD | Point-in-time |
| Deferred income tax (Note 11) |
DeferredIncomeTaxLiabilities
|
$12.24M | USD | Point-in-time |
| Deferred income tax (Note 11) |
DeferredIncomeTaxLiabilities
|
$18.40M | USD | Point-in-time |
| Contingent value rights (Note 3) |
ContingentValueRightsPayable
|
$1.88M | USD | Point-in-time |
| Contingent value rights (Note 3) |
ContingentValueRightsPayable
|
$3.10M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$22.96M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$24.93M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$22.96M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$24.93M | USD | Point-in-time |
| Common shares |
CommonStockValue
|
$378.01M | USD | Point-in-time |
| Common shares |
CommonStockValue
|
$378.01M | USD | Point-in-time |
| Contributed surplus (Note 10) |
ContributedSurplus
|
$20.63M | USD | Point-in-time |
| Contributed surplus (Note 10) |
ContributedSurplus
|
$20.63M | USD | Point-in-time |
| Stock options (Note 9) |
StockOptions
|
$20.41M | USD | Point-in-time |
| Stock options (Note 9) |
StockOptions
|
$20.56M | USD | Point-in-time |
| Accumulated deficit |
AccumulatedDeficit
|
$293.39M | USD | Point-in-time |
| Accumulated deficit |
AccumulatedDeficit
|
$296.34M | USD | Point-in-time |
| Accumulated other comprehensive income |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
- | USD | Point-in-time |
| Accumulated other comprehensive income |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$111.54K | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquity
|
$122.85M | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquity
|
$125.77M | USD | Point-in-time |
| Total liabilities and shareholders' equity |
LiabilitiesAndStockholdersEquity
|
$150.70M | USD | Point-in-time |
| Total liabilities and shareholders' equity |
LiabilitiesAndStockholdersEquity
|
$145.81M | USD | Point-in-time |
Income Statement
34 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Interest income |
OtherInterestAndDividendIncome
|
$15.03K | USD | 1 Quarter |
| Interest income |
OtherInterestAndDividendIncome
|
$21.09K | USD | 1 Quarter |
| Gain on marketable equity securities |
GainOnMarketableEquitySecurities
|
- | USD | 1 Quarter |
| Gain on marketable equity securities |
GainOnMarketableEquitySecurities
|
$12.46K | USD | 1 Quarter |
| Foreign currency loss |
ForeignCurrencyTransactionGainLossBeforeTax
|
$-1.95K | USD | 1 Quarter |
| Foreign currency loss |
ForeignCurrencyTransactionGainLossBeforeTax
|
$-8.34K | USD | 1 Quarter |
| Total INCOME (LOSS) |
OtherIncome
|
$6.69K | USD | 1 Quarter |
| Total INCOME (LOSS) |
OtherIncome
|
$31.60K | USD | 1 Quarter |
| Corporate general and administrative (Notes 3 and 9) |
GeneralAndAdministrativeExpense
|
$1.17M | USD | 1 Quarter |
| Corporate general and administrative (Notes 3 and 9) |
GeneralAndAdministrativeExpense
|
$5.39M | USD | 1 Quarter |
| Siembra Minera Project (Note 7) |
SiembraMinera
|
$581.03K | USD | 1 Quarter |
| Siembra Minera Project (Note 7) |
SiembraMinera
|
$206.00K | USD | 1 Quarter |
| Exploration costs |
ExplorationExpense
|
$28.69K | USD | 1 Quarter |
| Exploration costs |
ExplorationExpense
|
- | USD | 1 Quarter |
| Legal and accounting |
LegalAndAccounting
|
$433.80K | 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
|
$36.63K | USD | 1 Quarter |
| Equipment holding costs |
EquipmentHoldingCosts
|
$155.03K | USD | 1 Quarter |
| Equipment holding costs |
EquipmentHoldingCosts
|
$275.85K | USD | 1 Quarter |
| Interest expense (Note 10) |
InterestExpenseOther
|
$2.65M | USD | 1 Quarter |
| Interest expense (Note 10) |
InterestExpenseOther
|
- | USD | 1 Quarter |
| Total EXPENSES |
TotalExpenses
|
$2.50M | USD | 1 Quarter |
| Total EXPENSES |
TotalExpenses
|
$8.76M | USD | 1 Quarter |
| Net loss before income tax expense |
NetIncomeLossBeforeIncomeTaxExpense
|
$-8.75M | USD | 1 Quarter |
| Net loss before income tax expense |
NetIncomeLossBeforeIncomeTaxExpense
|
$-2.47M | USD | 1 Quarter |
| Income tax expense (Note 11) |
IncomeTaxExpenseBenefit
|
$599.29K | USD | 1 Quarter |
| Income tax expense (Note 11) |
IncomeTaxExpenseBenefit
|
- | USD | 1 Quarter |
| Net loss for the period |
NetIncomeLoss
|
$-3.07M | USD | 1 Quarter |
| Net loss for the period |
NetIncomeLoss
|
$-8.75M | USD | 1 Quarter |
| Net loss per share, basic and diluted |
EarningsPerShareBasicAndDiluted
|
$-0.03 | USD | 1 Quarter |
| Net loss per share, basic and diluted |
EarningsPerShareBasicAndDiluted
|
$-0.10 | USD | 1 Quarter |
| Weighted average common shares outstanding, basic and diluted |
WeightedAverageCommonSharesOutstandingBasicAndDiluted
|
99.40M | shares | 1 Quarter |
| Weighted average common shares outstanding, basic and diluted |
WeightedAverageCommonSharesOutstandingBasicAndDiluted
|
89.81M | shares | 1 Quarter |
Cash Flow Statement
36 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net loss for the period |
ProfitLoss
|
$-3.07M | USD | 1 Quarter |
| Net loss for the period |
ProfitLoss
|
$-8.75M | USD | 1 Quarter |
| Stock option compensation |
StockOptionPlanExpense
|
$146.25K | USD | 1 Quarter |
| Stock option compensation |
StockOptionPlanExpense
|
$4.42M | USD | 1 Quarter |
| Depreciation |
Depreciation
|
$1.20K | USD | 1 Quarter |
| Depreciation |
Depreciation
|
$11.57K | USD | 1 Quarter |
| Gain on marketable equity securities |
MarketableSecuritiesGainLoss
|
- | USD | 1 Quarter |
| Gain on marketable equity securities |
MarketableSecuritiesGainLoss
|
$-12.46K | USD | 1 Quarter |
| Accretion of convertible notes |
AccretionExpense
|
$2.63M | USD | 1 Quarter |
| Accretion of convertible notes |
AccretionExpense
|
- | USD | 1 Quarter |
| Net increase in receivables, deposits and advances |
IncreaseDecreaseInDeposits
|
$-423.10K | USD | 1 Quarter |
| Net increase in receivables, deposits and advances |
IncreaseDecreaseInDeposits
|
$-159.16K | USD | 1 Quarter |
| Net increase (decrease) in payables and accrued expenses |
IncreaseDecreaseInAccountsPayable
|
$23.62K | USD | 1 Quarter |
| Net increase (decrease) in payables and accrued expenses |
IncreaseDecreaseInAccountsPayable
|
$-1.97M | USD | 1 Quarter |
| Net cash used in operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-5.05M | USD | 1 Quarter |
| Net cash used in operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-2.10M | USD | 1 Quarter |
| Purchase of property, plant and equipment |
PaymentsToAcquireOtherPropertyPlantAndEquipment
|
$18.11K | USD | 1 Quarter |
| Purchase of property, plant and equipment |
PaymentsToAcquireOtherPropertyPlantAndEquipment
|
$2.84K | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-18.11K | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-2.84K | USD | 1 Quarter |
| Proceeds from the issuance of common shares |
ProceedsFromIssuanceOfCommonStock
|
- | USD | 1 Quarter |
| Proceeds from the issuance of common shares |
ProceedsFromIssuanceOfCommonStock
|
$397.38K | USD | 1 Quarter |
| Net cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
- | USD | 1 Quarter |
| Net cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$397.38K | USD | 1 Quarter |
| Net decrease in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-1.71M | USD | 1 Quarter |
| Net decrease in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-5.07M | USD | 1 Quarter |
| Cash and cash equivalents - beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$34.04M | 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
|
$132.61M | USD | Point-in-time |
| Cash and cash equivalents - beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$137.67M | USD | Point-in-time |
| Cash and cash equivalents - end of period |
CashAndCashEquivalentsAtCarryingValue
|
$34.04M | 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
|
$132.61M | USD | Point-in-time |
| Cash and cash equivalents - end of period |
CashAndCashEquivalentsAtCarryingValue
|
$137.67M | USD | Point-in-time |
| Cash paid for income taxes |
IncomeTaxesPaidNet
|
- | USD | 1 Quarter |
| Cash paid for income taxes |
IncomeTaxesPaidNet
|
$725.62K | USD | 1 Quarter |
Stockholders Equity
4 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Balance |
StockholdersEquity
|
$122.85M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$125.77M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$122.85M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$125.77M | USD | Point-in-time |
Comprehensive Income
8 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net loss for the period |
NetIncomeLoss
|
$-3.07M | USD | 1 Quarter |
| Net loss for the period |
NetIncomeLoss
|
$-8.75M | USD | 1 Quarter |
| Loss on marketable equity securities, net of tax of nil (Note 2) |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
|
$-89.37K | USD | 1 Quarter |
| Loss on marketable equity securities, net of tax of nil (Note 2) |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
|
- | USD | 1 Quarter |
| Other comprehensive loss |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
- | USD | 1 Quarter |
| Other comprehensive loss |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-89.37K | USD | 1 Quarter |
| Comprehensive loss for the period |
ComprehensiveLossForThePeriod
|
$-8.84M | USD | 1 Quarter |
| Comprehensive loss for the period |
ComprehensiveLossForThePeriod
|
$-3.07M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.