Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets

v2.4.0.8
Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2014
Dec. 31, 2013
Current assets    
Cash and cash equivalents (note 4) $ 3,372 $ 1,627
Accounts receivable (note 5) 6,089 5,802
Inventory (note 6) 3,301 2,053
Current deferred financing costs (note 12) 190 183
Prepaid expenses 768 767
Assets, Current, Total 13,720 10,432
Restricted cash (note 7) 6,055 5,055
Mineral properties (note 8) 53,917 52,702
Capital assets (note 9) 33,510 35,250
Equity investment (note 10) 1,090 1,085
Deferred financing costs (note 12) 764 812
Assets, Noncurrent, Total 95,336 94,904
Assets, Total 109,056 105,336
Current liabilities    
Accounts payable and accrued liabilities (note 11) 5,064 2,928
Current portion of notes payable (note 12) 7,316 5,153
Reclamation obligations 85 85
Liabilities, Current, Total 12,465 8,166
Notes payable (note 12) 35,059 34,000
Deferred income tax liability (note 13) 3,345 3,345
Deferred revenue (note 14)   2,508
Asset retirement obligations (note 15) 23,308 17,279
Other liabilities - warrants (note 16) 557 1,374
Liabilities, Noncurrent, Total 62,269 58,506
Liabilities 74,734 66,672
Commitments (note 19)      
Share Capital    
Class A preferred shares, without par value, unlimited shares authorized; no shares issued and outstanding      
Common shares, without par value, unlimited shares authorized; shares issued and outstanding: 129,284,166 at September 30, 2014 and 127,559,743 at December 31, 2013 168,038 165,974
Warrants 4,175 4,175
Contributed surplus 14,070 14,247
Accumulated other comprehensive income 3,321 3,298
Deficit (155,282) (149,030)
Stockholders'Equity Attributable to Parent, Total 34,322 38,664
Liabilities and Equity, Total $ 109,056 $ 105,336