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Statement of Cash Flows (USD $)
9 Months Ended 160 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Operating Activities      
Net loss $ (5,261,290) $ (11,999,088) $ (106,684,989)
Adjustments to reconcile net loss to cash used in operating activities:      
Depreciation 184,026 158,618 977,451
Accretion expense 31,450 0 33,968
Equity loss on investment 0 0 74,617
Gain on disposition of discontinued operations 0 0 (979,709)
Gain on sale of investment securities 0 0 (79,129)
Loss on settlement of debt 0 0 132,000
Non-cash mineral property option payment 0 0 (37,500)
Shares issued to acquire mineral properties 0 0 19,105,000
Warrants issued for mineral property costs 0 0 1,258,000
Stock-based compensation 247,434 5,060,501 26,911,960
Changes in operating assets and liabilities:      
Prepaid expenses and deposits (331,377) (34,548) (2,032,004)
Other current assets (8,461) (8,494) (38,262)
Asset retirement obligation 0 200,352 0
Accounts payable and accrued liabilities (822,249) (133,223) 466,705
Due to related parties (47,744) (16,219) 494,355
Net Cash Used in Operating Activities (6,008,211) (6,772,101) (60,397,537)
Investing Activities      
Reclamation surety deposits (293) (386) (2,043,400)
Acquisition of subsidiary, net cash paid 0 0 (48)
Proceeds from sale of marketable securities 0 0 20,548,664
Purchase of property and equipment (17,328,761) (3,401,477) (26,229,683)
Purchase of investment securities 0 0 (20,432,035)
Disposition of subsidiary 0 0 905,092
Net Cash Used In Investing Activities (17,329,054) (3,401,863) (27,251,410)
Financing Activities      
Repayment of loan payable 0 0 (98,414)
Advances from related party 0 0 10,700
Contributions from non-controlling interest 383,040 505,622 3,356,256
Proceeds from issuance of common stock 93,959 14,286,596 100,672,022
Stock issuance costs 0 (24,643) (4,507,138)
Net Cash Provided By Financing Activities 476,999 14,767,575 99,433,426
Increase (Decrease) In Cash (22,860,266) 4,593,611 11,784,479
Cash - Beginning of Period 34,644,745 36,437,370 0
Cash - End of Period 11,784,479 41,030,981 11,784,479
Non-cash Investing and Financing Activities      
Sale of 60% of subsidiary for interest in mineral property 0 0 774,216
Investment securities received as a mineral property option payment 0 0 37,500
Purchase of equipment with loan payable 0 0 98,414
Stock options issued for construction in progress 0 0 105,119
Common stock issued to settle debt 0 0 744,080
Warrants issued for mineral property costs 0 0 1,258,000
Common stock issued for mineral property costs 0 0 19,105,000
Supplemental Disclosures      
Interest paid 0 424 12,184
Income taxes paid $ 0 $ 0 $ 0