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STATEMENTS OF OPERATIONS (USD $)
3 Months Ended 6 Months Ended 95 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
REVENUES – Note 3   $ 58,000   $ 58,000 $ 163,500
OPERATING EXPENSES          
General and administrative 2,500 6,856 4,045 7,194 516,305
Exploration costs         3,839,954
Wages and benefits 1,500   1,500   187,026
Product development         270,086
Rent and Utilities       199 83,606
Depreciation and amortization         8,578
TOTAL OPERATING EXPENSES 4,000 6,856 5,545 7,393 4,905,555
INCOME (LOSS) FROM OPERATIONS (4,000) 51,144 (5,545) 50,607 (4,742,055)
(IMPAIRMENT) RECOVERY OF INVESTMENT 1,020,000   1,020,000    
OTHER INCOME (EXPENSE)         (814,793)
INCOME (LOSS) BEFORE INCOME TAXES 1,016,000 51,144 1,014,455 50,607 (5,556,848)
NET INCOME (LOSS) $ 1,016,000 $ 51,144 $ 1,014,455 $ 50,607 $ (5,556,848)
NET INCOME (LOSS) PER SHARE: BASIC AND DILUTED $ 0.67 $ 0.03 $ 0.67 $ 0.06  
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING: BASIC, adjusted for 300:1 share rollback 1,519,444 1,552,165 1,494,444 916,999