XML 60 R21.htm IDEA: XBRL DOCUMENT v2.4.0.8
GOLD AND SILVER BULLION (Tables)
 9 Months Ended
Sep. 30, 2013
GOLD AND SILVER BULLION  
Schedule of gold and silver holdings

 

 

 

 

As at September 30, 2013

 

As at December 31, 2012

 

 

 

Gold

 

Silver

 

Gold

 

Silver

 

 

 

(dollars in thousands, except ounces and per ounce)

 

Number of ounces

 

—

 

—

 

793

 

24,969

 

Average cost per ounce

 

n/a

 

n/a

 

$

1,278.63

 

$

27.08

 

Total cost

 

$

—

 

$

—

 

$

1,014

 

$

676

 

Fair value per ounce

 

n/a

 

n/a

 

$

1,657.50

 

$

29.95

 

Total fair value

 

$

—

 

$

—

 

$

1,314

 

$

748
Schedule of changes of gold and silver holdings

 

 

 

 

Nine months ended September 30, 2013

 

Year ended December 31, 2012

 

 

 

Gold

 

Silver

 

Total

 

Gold

 

Silver

 

Total

 

 

 

(in thousands)

 

Opening Balance

 

$

1,014

 

$

676

 

$

1,690

 

$

7,232

 

$

15,578

 

$

22,810

 

Proceeds from sale

 

(988

)

(479

)

(1,467

)

(7,982

)

(15,854

)

(23,836

)

(Loss) gain on sale

 

(26

)

(197

)

(223

)

1,764

 

1,311

 

3,075

 

Unrealized loss

 

—

 

—

 

—

 

—

 

(359

)

(359

)

Ending Balance

 

$

—

 

$

—

 

$

—

 

$

1,014

 

$

676

 

$

1,690