Business Context and Reporting Period
Company: Gold Resource Corporation
Filing Type: Form 8-K (Current Report)
Date of Report: January 30, 2012
Subject: Regulation FD Disclosure regarding preliminary 2011 mineral production results and 2012 outlook.
Key Financial Metrics
The filing text does not provide specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. The report serves as a disclosure notice referencing a press release (Exhibit 99.1) containing preliminary 2011 mineral production results, but the specific production volumes or financial figures are not included in the body of this 8-K document.
Material Changes
No specific material changes in financial position or operations are quantified in this filing. The document announces the issuance of a press release concerning 2011 production results and the 2012 outlook, but does not detail the magnitude of changes versus prior periods within the text provided.
Guidance, Outlook, and Risks
- Outlook: The company issued a press release regarding its outlook for 2012, though specific targets are not detailed in this filing.
- Forward-Looking Statements: The filing includes a cautionary statement that discussions involve risks and uncertainties, including precious metals prices, economic conditions, and future drilling results.
- Reserves Disclosure: The company explicitly states it has no "reserves" as defined by SEC Guide 7. Investors are cautioned not to assume mineralization will be confirmed or converted into Guide 7 compliant reserves.
- Disclaimer: The company disclaims any obligation to update forward-looking statements.
Investor Verification Checklist
- Review the attached press release (Exhibit 99.1) for specific 2011 production volumes and 2012 guidance figures.
- Verify the company's status regarding SEC Guide 7 compliant reserves, as the filing explicitly states none exist.
- Assess the impact of current precious metals prices on the company's projected 2012 performance.
- Examine the 2010 Annual Report on Form 10-K for a comprehensive list of risk factors referenced in this filing.