With all due respect, GRZ is not in excellent financial shape!

Since GRZ has no profits coming in, it is in very poor financial shape. What GRZ has is better than adequate reserves to wait out this permit denial for the short term.

But make no mistake its financial shape is not good and a dead give-away is the price of the stock and the liquidity of the stock. Basically the stock is on life support but not really trading.

Once GRZ moves on from the Vz mess and gets a new mining project than we will see what kind of financial shape it is in. Alternatively, GRZ could get the permit and we would see what its finaces will be.

BTW, KRY has the same issues.