Quarterly report pursuant to Section 13 or 15(d)

Restricted Cash

v2.4.0.8
Restricted Cash
3 Months Ended
Mar. 31, 2014
Restricted Cash and Investments, Current [Abstract]  
Restricted Cash
7.
Restricted Cash
 
The Company’s restricted cash consists of the following:
 
 
 
 
As at
 
 
As at
 
 
 
 
March 31, 2014
 
 
December 31, 2013
 
 
 
 
$
 
 
$
 
 
 
 
 
 
 
 
 
Cash on deposit at banks
 
 
4,955
 
 
4,955
 
Money market funds
 
 
100
 
 
100
 
 
 
 
 
 
 
 
 
 
 
 
5,055
 
 
5,055
 
 
(a)
The bonding requirements for reclamation obligations on various properties have been agreed to by the Wyoming Department of Environmental Quality, United States Department of the Interior and United States Nuclear Regulatory Commission.  The restricted money market accounts are pledged as collateral against performance surety bonds which are used to secure the potential costs of reclamation related to those properties. Surety bonds providing $9,858 of coverage towards specific reclamation obligations are collateralized by $4,955 of the restricted cash at March 31, 2014.
 
(b)
A certificate of deposit ($100) provides security for the Company’s credit cards.