Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets

v3.4.0.3
Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2016
Dec. 31, 2015
Current assets    
Cash and cash equivalents (note 3) $ 7,317 $ 1,443
Accounts receivable 12 9
Inventory (note 4) 5,934 3,345
Prepaid expenses 1,101 916
Assets, Current, Total 14,364 5,713
Restricted cash (note 5) 7,557 7,557
Mineral properties (note 6) 50,050 50,610
Capital assets (note 7) 30,349 30,788
Equity investment (note 8) 900 1,089
Assets, Total 103,220 95,757
Current liabilities    
Accounts payable and accrued liabilities (note 9) 5,679 4,567
Current portion of notes payable (note 10) 7,520 8,527
Accrued federal income tax   43
Deferred revenue (note 11) 5,085  
Environmental remediation accrual 86 86
Liabilities, Current, Total 18,370 13,223
Notes payable (note 10) 22,836 23,937
Asset retirement obligations (note 12) 26,344 26,061
Other liabilities - warrants 5 35
Liabilities $ 67,555 $ 63,256
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: 143,440,573 at March 31, 2016 and 130,188,775 at December 31, 2015 $ 174,874 $ 168,911
Warrants 4,109 4,175
Contributed surplus 14,636 14,632
Accumulated other comprehensive income 3,609 3,357
Deficit (161,563) (158,574)
Stockholders'Equity Attributable to Parent, Total 35,665 32,501
Liabilities and Equity, Total $ 103,220 $ 95,757