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Statements of Operations (An Exploration Stage Company) (USD $)
Share data in Thousands, except Per Share data, unless otherwise specified
12 Months Ended 37 Months Ended
Oct. 31, 2011
Oct. 31, 2010
Oct. 31, 2011
Revenues $ 0 $ 0 $ 0
Cost and expenses      
Legal, accounting & professional 74,470 85,753 184,680
Administration expenses 311,277 76,701 451,611
Stock based compensation 2,005,676   2,005,676
Exploration expenses 2,184,203 635,619 2,819,822
Donations   100,000 100,000
Interest expense, net   14 14
Total costs and expenses 4,575,626 898,087 5,561,803
(Loss) from operations (4,575,626) (898,087) (5,561,803)
Foreign currency exchange gain (loss) (201,771) (83,334) (286,424)
Other income:      
Interest - other 106 25 131
(Loss) before income tax (4,777,291) (981,396) (5,848,096)
Provision for income tax 0 0 0
Net (loss) $ (4,777,291) $ (981,396) $ (5,848,096)
Basic and diluted net (loss) per common equivalent shares $ (0.05) $ (0.01) $ (0.06)
Weighted average number of common equivalent shares outstanding 105,600 105,600 104,085