XML 29 R4.htm IDEA: XBRL DOCUMENT v3.19.3
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
REVENUES        
Total revenues $ 48,350 $ 32,281 $ 130,132 $ 83,946
COSTS AND EXPENSES        
Mine claims and costs (324,027) (291,602) (36,172) (20,346)
Environmental and reclamation 30,590 88,612 (278,784) 208,866
General and administrative 697,793 801,157 2,322,428 2,355,320
Total costs and expenses 840,733 1,570,111 3,944,750 5,448,404
LOSS FROM OPERATIONS (792,383) (1,537,830) (3,814,618) (5,364,458)
OTHER INCOME (EXPENSE)        
Interest expense (179,588) (340,548) (822,632) (1,054,775)
Other income (expense) 1,358,868 (166,732) 1,111,338 (526,113)
Total other income (expense), net 1,179,280 (507,280) 288,706 (1,580,888)
INCOME (LOSS) BEFORE INCOME TAXES 386,897 (2,045,110) (3,525,912) (6,945,346)
INCOME TAXES 0 0 0 0
NET INCOME (LOSS) $ 386,897 $ (2,045,110) $ (3,525,912) $ (6,945,346)
Net income (loss) per common share – basic and diluted (in dollars per share) $ 0.00 $ (0.03) $ (0.04) $ (0.13)
Weighted average common shares outstanding — basic and diluted 100,062,905 58,531,058 87,482,183 54,755,753
Mining        
REVENUES        
Total revenues $ 0 $ 0 $ 0 $ 0
COSTS AND EXPENSES        
Costs of goods and services sold 318,537 717,155 1,329,322 2,174,618
Real Estate        
REVENUES        
Total revenues 48,350 32,281 130,132 83,946
COSTS AND EXPENSES        
Costs of goods and services sold 8,651 12,887 31,362 29,858
Exploration and mine development        
COSTS AND EXPENSES        
Costs of goods and services sold $ 109,189 $ 241,902 $ 576,594 $ 700,088