LOSS PER SHARE (Details) (USD $)	3 Months Ended				131 Months Ended
	Mar. 31, 2013		Mar. 31, 2012		Mar. 31, 2013
Numerator:
Net loss available in basic and diluted calculation	$ (2,101,525)		$ (713,367)		$ (21,392,636)
Denominator:
Weighted average common shares outstanding-basic	107,824,939		32,664,003		13,955,057
Effect of diluted stock options and warrants (1)	0	[1]	0	[1]	0	[1]
Weighted average common shares outstanding-basic	107,824,939		32,664,003		13,955,057
Loss per common share-basic and diluted	$ (0.02)		$ (0.02)		$ (1.53)

[1] The number of shares underlying options and warrants outstanding as of March 31, 2013 and March 31, 2012 are 84,210,232 and 31,736,049 respectively. The effect of the shares that would be issued upon exercise of such options and warrants has been excluded from the calculation of diluted loss per share because those shares are anti-dilutive.