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NOTE 4. INVESTMENTS
6 Months Ended
May. 31, 2015
Schedule of Investments [Abstract]  
NOTE 4. INVESTMENTS

 

          At May 31, 2015        
    Cost     Unrealized     Fair Value  
    Basis     Gain     Loss     Basis  
Current:                        
Term deposits   $ 85,000     $     $     $ 85,000  
                                 
Long-term:                                
Marketable equity securities   $ 493     $ 81     $     $ 574  

 

          At November 30, 2014        
    Cost     Unrealized     Fair Value  
    Basis     Gain     Loss     Basis  
Current:                        
Term deposits   $ 95,000     $     $     $ 95,000  
                                 
Long-term:                                
Marketable equity securities   $ 990     $ 139     $ (228 )   $ 901  

 

Term deposits are held at two large Canadian financial institutions with original maturities of 12 months or less. Marketable equity securities include available-for-sale investments in mineral exploration companies. During the second quarter of 2015, the Company recognized impairments for other-than-temporary declines in value of $426 for marketable equity securities. At May 31, 2015, after recognition of the impairments, there were no unrealized losses.