XML 18 R7.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Cash flows from operating activities    
Net loss $ (83,253) $ (141,076)
Adjustments to reconcile net loss to net cash flows from operating activities:    
Impairment and depreciation 331 1,303
Accretion of asset retirement obligation 729 659
Change in fair value of warrant liability   (5,836)
Changes in operating assets and liabilities:    
Decrease (increase) in receivables 6,752 (6,763)
(Increase) decrease in prepaid expenses (10,200)  
(Decrease) increase in accounts payable and accrued liabilities including related party payables (40,056) 22,006
Net cash flows from operating activities (125,697) (129,707)
Effect of exchange rate changes on cash and cash equivalents (769)  
Decrease in cash and cash equivalents (126,466) (129,707)
Cash and cash equivalents, beginning of period 787,771 2,052,305
Cash and cash equivalents, end of period 661,305 1,922,598
Supplemental disclosure of cash flow information:    
Interest paid in cash      
Income tax paid in cash