XML 13 R4.htm IDEA: XBRL DOCUMENT  v2.3.0.11
Statements of Operations (An Exploration Stage Company) (Unaudited) (USD $)
Share data in Thousands, except Per Share data
3 Months Ended 9 Months Ended 34 Months Ended
Jul. 31, 2011
Jul. 31, 2010
Jul. 31, 2011
Jul. 31, 2010
Jul. 31, 2011
Revenues $ 0 $ 0 $ 0 $ 0 $ 0
Costs and expenses:          
Legal, accounting and professional 17,422 26,224 55,743 62,726 165,952
Administration expenses 78,511 15,109 194,150 63,754 334,484
Stock based compensation 662,754   1,698,534   1,698,534
Exploration expenditure 854,980 185,082 1,540,967 441,381 2,176,586
Donations       100,000 100,000
Interest expense       13 14
Total costs and expenses 1,613,667 226,415 3,489,394 667,874 4,475,570
(Loss) from operations (1,613,667) (226,415) (3,489,394) (667,874) (4,475,570)
Foreign currency exchange (loss) gain (50,188) 9,495 (254,438) (1,118) (339,092)
Other income - interest 42   88 9 113
(Loss) before income taxes (1,663,813) (216,920) (3,743,744) (668,983) (4,814,549)
Provision for income taxes 0 0 0 0 0
Net (loss) $ (1,663,813) $ (216,920) $ (3,743,744) $ (668,983) $ (4,814,549)
Basic and diluted net (loss) per common equivalent shares $ (0.02) $ 0.00 $ (0.04) $ (0.01) $ (0.05)
Weighted average number of common equivalent shares 105,600 105,600 105,600 105,600 103,951