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Consolidated Statements of Cash Flows (USD $)
6 Months Ended 169 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Operating Activities      
Net loss and comprehensive loss $ (7,385,998) $ (16,412,917) $ (147,911,101)
Adjustments to reconcile net loss to cash used in operating activities:      
Depreciation 108,599 121,811 1,143,634
Accretion expense 37,136 16,988 89,553
Accretion of discount on notes payable 127,780 0 127,780
Amortization of financing costs 86,641 0 86,641
Asset retirement cost 36,914 413,428 1,056,340
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 478,181 164,354 28,696,220
Changes in operating assets and liabilities:      
Prepaid expenses and deposits 211,835 143,732 (1,630,226)
Other current assets (11,368) (4,625) (39,829)
Accounts payable and accrued liabilities (466,291) 265,988 1,801,150
Due to related parties 1,342 (37,901) 486,635
Net Cash Used in Operating Activities (6,775,229) (15,329,142) (96,619,924)
Investing Activities      
Reclamation surety deposits 0 0 (2,068,399)
Acquisition of subsidiary, net cash paid 0 0 (48)
Proceeds from sale of marketable securities 0 0 20,548,664
Investment in property and equipment (17,861) (353,596) (1,546,081)
Purchase of investment securities 0 0 (20,432,035)
Disposition of subsidiary 0 0 905,092
Net Cash Used in Investing Activities (17,861) (353,596) (2,592,807)
Financing Activities      
Proceeds from notes payable 6,000,000 0 6,000,000
Financing costs (296,840) 0 (296,840)
Repayment of loan payable 0 0 (98,414)
Advances from related party 0 0 10,700
Contributions from non-controlling interest 66,500 226,957 3,422,756
Proceeds from issuance of common stock 2,275 63,959 100,677,222
Share issuance costs 0 0 (4,507,138)
Net Cash Provided by Financing Activities 5,771,935 290,916 105,208,286
Increase (Decrease) In Cash (1,021,155) (15,391,822) 5,995,555
Cash - Beginning of Period 7,016,710 34,644,745 0
Cash - End of Period 5,995,555 19,252,923 5,995,555
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 mineral property expenditures 0 0 170,598
Common stock issued to settle debt 0 0 744,080
Warrants issued with notes payable 525,461 0 525,461
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 22,685 0 35,293
Income taxes paid $ 0 $ 0 $ 0