"The Company's working capital was $4,004,473 at April 30, 2013 inclusive of an increase to deposits relating to an agreement on the Schaft Creek property.

I'm actually surprised at the current healthy level of our working capital. The question I have is related to the last part of that sentence. Anyone know what that is about and could it represent some sort of deposits from Teck?"

No. It is not a deposit from Teck or any other company. The deposit is part of the $2 M "Prepaid expneses and deposits" which CUU has paid out. It is money paid out by cuu, not deposits received from another party. It is not clear what "agreement on the Schaft Creek property" it is referring to. The deposit can be deposit on the warehouse space... Deposits for the energy study... ? That can be clarified by the CFO; it's not a confidential item since it's on the financial statement.