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Consolidated Statements of Cash Flows (USD $)
9 Months Ended 172 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Operating Activities      
Net loss and comprehensive loss $ (18,512,814) $ (22,147,293) $ (159,037,917)
Adjustments to reconcile net loss to cash used in operating activities:      
Depreciation 155,501 184,026 1,190,536
Accretion expense 56,845 31,450 109,262
Accretion of discount on notes payable 544,911 0 544,911
Amortization of financing costs 277,974 0 277,974
Asset retirement cost 72,013 573,088 1,091,439
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 1,304,729 247,434 29,522,768
Changes in operating assets and liabilities:      
Prepaid expenses and deposits 103,271 (331,377) (1,738,790)
Other current assets (56,152) (8,461) (84,613)
Accounts payable and accrued liabilities 1,788,827 (1,477,425) 4,056,268
Due to related parties (1,864) (47,744) 483,429
Net Cash Used in Operating Activities (14,266,759) (22,976,302) (104,111,454)
Investing Activities      
Reclamation surety deposits (157) (293) (2,068,556)
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 (35,927) (360,670) (1,564,147)
Purchase of investment securities 0 0 (20,432,035)
Disposition of subsidiary 0 0 905,092
Net Cash Used in Investing Activities (36,084) (360,963) (2,611,030)
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 241,500 383,040 3,597,756
Proceeds from issuance of common stock 10,028,875 93,959 110,703,822
Share issuance costs (1,139,035) 0 (5,646,173)
Net Cash Provided by Financing Activities 14,834,500 476,999 114,270,851
Increase (Decrease) In Cash 531,657 (22,860,266) 7,548,367
Cash - Beginning of Period 7,016,710 34,644,745 0
Cash - End of Period 7,548,367 11,784,479 7,548,367
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 143,671 0 156,279
Income taxes paid $ 0 $ 0 $ 0