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Statements of Operations - USD ($)
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
REVENUE:    
Concentrate sales
EXPENSES    
General project costs 247,741 165,630
Consulting 320,000
Officers and directors fees 71,768 63,000
Legal and professional 92,521 28,700
General and administrative 26,609 539,291
Loss on disposal of equipment 51,950
Total Expenses 810,589 796,621
OPERATING LOSS (810,589) (796,621)
OTHER INCOME (EXPENSE)    
Gain on extinguishment of DMRJ debt (Note 12) 24,916,561
Interest and other income 62
Interest expense (129) (9,770)
Interest expense - related parties (31,412) (462,717)
Loss on settlement of consulting contract (Note 14) (900,000)
Loss on settlement of redeemable stock (Note 19) (63,094)
Financing expense (28,663)
Total Other Income (Expense) (1,023,298) 24,444,136
INCOME (LOSS) BEFORE INCOME TAXES (1,833,887) 23,647,515
INCOME TAXES
NET INCOME (LOSS) (1,833,887) 23,647,515
DEEMED CAPITAL CONTRIBUTION ON EXTINGUISHMENT OF PREFERRED STOCK (NOTE 12) 4,068,720
NET INCOME (LOSS) ATTRIBUTABLE TO COMMON STOCKHOLDERS $ (1,833,887) $ 27,716,235
BASIC NET INCOME (LOSS) PER SHARE $ (0.08) $ 1.83
DILUTED NET INCOME (LOSS) PER SHARE $ (0.08) $ 1.51
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING-BASIC AND DILUTED 22,414,936 15,170,492
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING- DILUTED 22,414,936 18,402,067