so Financials (ending 1/31/15) and MD and A are out on SEDAR ...

It seems that our working capital of ~$1.98 million was essentially solely due to our Argex shares (~4.3 million) held at the time.

"The Company’s approach to managing liquidity risk is to ensure that it will have sufficient capital to meet liabilities when due after taking into account the Company’s holdings of cash that might be raised from equity financings. As at January 31, 2015, the Company had a cash balance of $24,979 (2014 $369,345), marketable securities of $2,087,598 (2014 $4,893,892) sales taxes refundable of $54,022 (2014 – $127,279), accrued mining duty receivable of $40,064 (2014 - $40,064), accrued exploration tax credits receivable of $Nil (2014 - $136,760) and accounts payable and accrued liabilities of $209,000 (2014 - $141,023). All of the Company’s accounts payable and accrued liabilities have contractual maturities of less than 60 days and are subject to normal trade terms. The Company believes that these sources will be sufficient to cover the expected short and long term cash requirements. "

Cheers,

Luker

http://www.sedar.com/GetFile.do?lang=EN&docClass=7&issuerNo=00004414&fileName=/csfsprod/data151/filings/02329234/00000001/C%3A%5CSEDAR%5CFNC%5C0115MDA.pdf