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Placer Del Mar, Ltd. - (An Exploration Stage Company) - Statements of Operations (USD $)
3 Months Ended 9 Months Ended 83 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Mar. 31, 2012
Mar. 31, 2011
Mar. 31, 2012
Revenues $ 0 $ 51,952 $ 14,646 $ 159,152 $ 197,927
TOTAL REVENUES 0 51,952 14,646 159,152 197,927
Exploration expense 0 18,000 1,508 18,000 58,174
Amortization of mineral rights license 2,789 2,789 8,367 3,719 14,874
Administrative expenses 5,207 10,845 26,277 27,245 146,202
TOTAL OPERATING COSTS 7,996 31,634 36,152 48,964 219,250
Interest expense 5,147 5,070 15,553 6,744 27,444
TOTAL OTHER EXPENSE 5,147 5,070 15,553 6,744 27,444
NET INCOME (LOSS) $ (13,143) $ 15,248 $ (37,059) $ 103,444 $ (48,767)
BASIC AND DILUTED EARNINGS (LOSS) PER SHARE $ (0.01) $ 0.01 $ (0.02) $ 0.06  
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING 1,720,000 1,720,000 1,720,000 1,720,000