2.4.0.8108 - Disclosure - Going Concerntruefalsefalse1falsefalsefalsecx_01_June_2012_TO_31_May_2013http://www.sec.gov/CIK0001376804duration2012-06-01T00:00:002013-05-31T00:00:001false4tgri_GoingConcernTextBlocktgri_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00<table border="0" cellpadding="0" cellspacing="0" style="border-color: black; font-size: 10pt; border-collapse: collapse; font-family: times new roman,times,serif;" width="100%">
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<p align="justify" style="font-family: times new roman,times,serif; font-size: 10pt;margin:inherit;">Going Concern</p>
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These consolidated financial statements have been prepared on a going concern basis, which implies the Company will continue to realize its assets and discharge its liabilities in the normal course of business. The Company has not generated revenues since inception and has not paid any dividends and is unlikely to pay dividends or generate earnings in the immediate or foreseeable future. The continuation of the Company as a going concern is dependent upon the continued financial support from its shareholders, the ability of the Company to obtain necessary equity financing to continue operations, and the attainment of profitable operations. As at May 31, 2013, the Company has working capital of $36,400
and an accumulated deficit of $9,016,554. These factors raise substantial doubt regarding the Company’s ability to continue as a going concern. These consolidated financial statements do not include any adjustments to the recoverability and classification of recorded asset amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern.
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As at May 31, 2013, the Company had $39,983
cash in the bank. The Company requires a minimum of $200,000
to proceed with their plan of operations over the next twelve months. If they achieve less than the full amount of financing that they require they will scale back planned exploration activities and day to day operations in order to reduce exploration expenses and general and administrative expenses to a level appropriate to the financial resources available. There can be no assurance that the Company will be able to raise sufficient funds to pay the expected operating expenses for the next twelve months.
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</table>falsefalsefalsenonnum:textBlockItemTypenaThe entity's ability to continue as a going concern for a reasonable period of time (generally a year from the balance sheet date), disclose: (a) pertinent conditions and events giving rise to the assessment of substantial doubt about the entity's ability to continue as a going concern for a reasonable period of time, (b) the possible effects of such conditions and events, (c) management's evaluation of the significance of those conditions and events and any mitigating factors, (d) possible discontinuance of operations, (e) management's plans (including relevant prospective financial information), and (f) information about the recoverability or classification of recorded asset amounts or the amounts or classification of liabilities.No definition available.false0falseGoing ConcernUnKnownUnKnownUnKnownUnKnowntruefalsefalseSheethttp://www.buckingham.com/taxonomy/role/NotesToFinancialStatementsGoingConcernTextBlock11