XML 26 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
Statements of Operations (An Exploration Stage Company) (USD $)
3 Months Ended 6 Months Ended 43 Months Ended
Apr. 30, 2012
Apr. 30, 2011
Apr. 30, 2012
Apr. 30, 2011
Apr. 30, 2012
Revenues               
Costs and expenses:          
Legal, accounting and professional 9,217 8,641 26,827 38,320 211,507
Administration expenses 67,663 78,941 192,689 115,639 644,301
Stock based compensation 120,714 248,800 401,919 1,035,780 2,407,595
Exploration expenditure 1,071,968 458,465 1,650,324 685,987 4,470,146
Donations         100,000
Interest expense         14
Total costs and expenses 1,269,562 794,847 2,271,759 1,875,726 7,833,563
(Loss) from operations (1,269,562) (794,847) (2,271,759) (1,875,726) (7,833,563)
Foreign currency exchange gain (loss) 53,813 (191,359) 68,060 (204,251) (218,363)
Other income - interest 2 29 3 46 134
(Loss) before income taxes (1,215,747) (986,177) (2,203,696) (2,079,931) (8,051,792)
Provision for income taxes               
Net (loss) $ (1,215,747) $ (986,177) $ (2,203,696) $ (2,079,931) $ (8,051,792)
Basic and diluted net (loss) per common equivalent shares $ (0.01) $ (0.01) $ (0.02) $ (0.02) $ (0.08)
Weighted average number of common equivalent shares (in 000's) 105,600 105,600 105,600 105,600 104,295