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Consolidated Statements of Cash Flows (USD $)
6 Months Ended 181 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Operating Activities      
Net loss and comprehensive loss $ (9,519,960) $ (7,385,998) $ (176,566,718)
Adjustments to reconcile net loss to cash used in operating activities:      
Depreciation 106,939 108,599 1,342,894
Accretion of asset retirement obligation 36,817 37,136 167,259
Accretion of discount on notes payable 0 127,780 525,461
Amortization of financing costs 40,456 86,641 338,658
Asset retirement cost 531,116 36,914 1,642,155
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)
Other expense (income) (19,431) 0 112,569
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 817,538 478,181 31,033,379
Changes in operating assets and liabilities:      
Prepaid expenses and deposits 583,089 211,835 (1,272,503)
Inventory (741,537) 0 (741,537)
Other current assets 20,979 (11,368) (55,650)
Accounts payable and accrued liabilities (1,243,558) (466,291) 1,142,871
Due to related parties 13,220 1,342 483,979
Net Cash Used in Operating Activities (9,374,332) (6,775,229) (122,505,904)
Investing Activities      
Reclamation surety deposits 0 0 (2,081,039)
Proceeds from sale of property and equipment 20,512 0 20,512
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 (193,534) (17,861) (2,037,519)
Purchase of investment securities 0 0 (20,432,035)
Disposition of subsidiary 0 0 905,092
Net Cash Used in Investing Activities (173,022) (17,861) (3,076,373)
Financing Activities      
Proceeds from notes payable 0 6,000,000 26,000,000
Repayment of notes payable 0 0 (6,098,414)
Financing costs 0 (296,840) (656,187)
Advances from related party 0 0 10,700
Contributions from non-controlling interest 70,947 66,500 3,668,703
Proceeds from issuance of common stock 527,718 2,275 111,244,539
Share issuance costs (36,208) 0 (5,656,285)
Net Cash Provided by Financing Activities 562,457 5,771,935 128,513,056
Increase (Decrease) In Cash (8,984,897) (1,021,155) 2,930,779
Cash - Beginning of Period 11,915,676 7,016,710 0
Cash - End of Period 2,930,779 5,995,555 2,930,779
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 0 525,461 525,461
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 564,884 22,685 1,082,667
Income taxes paid $ 0 $ 0 $ 0