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Shareholders Equity
Common Stock
USD ($)
Additional Paid-In Capital
USD ($)
Subscriptions
USD ($)
Warrants
USD ($)
Deficit Accumulated During the Development Stage
USD ($)
Equity
USD ($)
Total
USD ($)
Balance at Dec. 31, 2005   $ 2,388,596   $ 234,360 $ (2,698,368) $ 804 $ 804
Balance - Shares at Dec. 31, 2005 76,216,333            
Correction of an accounting error 2,000 (2,000)     (59,004) (59,004) (59,004)
Correction of an accounting error - Shares 2,000,000            
Balance at Dec. 31, 2006 78,216 2,386,596   234,360 (2,757,372) (58,200) (58,200)
Balance - Shares at Dec. 31, 2006 78,216,333            
Balance at Dec. 31, 2007 78,216 2,386,596   234,360 (2,757,372) (58,200) (58,200)
Balance - Shares at Dec. 31, 2007 78,216,333            
Issuance of common stock for cash @ $0.03 per share 2,333 67,667       70,000 70,000
Issuance of common stock for cash @ $0.03 per share - Shares 2,333,333         2,333,333 2,333,333
Issuance of common stock for cash @ $0.46 per share 49 224,351       224,400 224,400
Issuance of common stock for cash @ $0.46 per share - Shares 492,336            
Common stock issued to acquire mineral interests 4,000 2,316,000       2,320,000 2,320,000
Common stock issued to acquire mineral interests - Shares 4,000,000            
Net income (loss)         (2,690,830) (2,690,830) (2,690,830)
Balance at Dec. 31, 2008 84,598 4,994,614   234,360 5,448,202 (134,630) (134,630)
Balance - Shares at Dec. 31, 2008 85,042,002            
Net income (loss)         (59,000) (59,000) (59,000)
Balance at Dec. 31, 2009 84,598 4,994,614   234,360 (5,507,202) (193,630) (193,630)
Balance - Shares at Dec. 31, 2009 1,469,444            
Cancellation of shares set aside for share subscription (49) (224,351) 224,400        
Cancellation of shares set aside for share subscription - Shares (492,336)            
Effect of 300:1 reverse stock split (84,267) 84,267          
Effect of 300:1 reverse stock split - Shares (84,267,834)            
Issuance of common stock for common stock of PEI Worldwide Holdings, Inc. 1,000 1,499,000       1,500,000 1,500,000
Issuance of common stock for common stock of PEI Worldwide Holdings, Inc. - Shares 1,000,000            
Issuance of fractional common shares - Shares 612            
Issuance of common stock for common stock of Genesis Ventures Fund India, I, LP 125 374,875       375,000 375,000
Issuance of common stock for common stock of Genesis Ventures Fund India, I, LP - Shares 125,000            
Issuance of common stock pursuant to share subscription 187 224,213 (224,400)        
Issuance of common stock pursuant to share subscription - Shares 187,000            
Recission of shares issued (125) (374,875)       (375,000) (375,000)
Recission of shares issued - Shares (125,000)            
Net income (loss)         (1,064,101) (1,064,101) (1,064,101)
Balance at Dec. 31, 2010 1,469 6,577,743   234,360 (6,571,303) 242,269 242,269
Balance - Shares at Dec. 31, 2010 1,619,444            
Issuance of common stock pursuant to share subscription 1,000 249,000 (250,000)        
Issuance of common stock pursuant to share subscription - Shares 1,000,000            
Recission of shares issued - Shares (1,000,000)            
Recission of shares issued for common stock of PEI Worldwide Holdings, Inc. (1,000) (1,499,000)       (1,500,000) (1,500,000)
Issuance of common stock for compensation 150 8,850       9,000 9,000
Issuance of common stock for compensation - Shares 150,000            
Debt transferred to contributed capital   60,754       60,754 60,754
Reversal of expired warrants   234,360   (234,360)      
Net income (loss)         991,513 991,513 991,513
Balance at Dec. 31, 2011 1,619 5,631,707 (250,000)   (5,579,790) (196,464) (196,464)
Balance - Shares at Dec. 31, 2011 1,619,444            
Debt transferred to contributed capital   39,646         39,646
Net income (loss)           33,714 33,714
Balance at Jun. 30, 2012 $ 1,619 $ 5,631,707 $ (250,000)   $ (5,546,076) $ (198,464) $ (198,464)
Balance - Shares at Jun. 30, 2012 1,619,444