XML 46 R5.htm IDEA: XBRL DOCUMENT v2.4.0.6
JOSHUA GOLD RESOURCES INC. - Statements of Cash Flows (USD $)
9 Months Ended 39 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Cash flows for continuing operations operating activities:      
Loss from continuing operations, increase decrease $ (1,294,158) $ (124,337) $ (2,308,297)
Adjustments for non-cash items:      
Depreciation, increase decrease 1,009 11,366 16,229
Stock-based compensation, increase decrease 735,841   1,354,534
Accrued interest on advances from stockholders 18,107 14,590 18,107
Adjustments for changes in working capital:      
Accounts receivable, increase decrease 12,046 999 (15,806)
Prepaid expenses, increase decrease   12,997  
Accounts payable and accrued liabilities, increase decrease 125,482 (2,906) 171,938
NET CASH USED IN OPERATING ACTIVITIES FROM CONTINUING OPERATIONS (401,673) (87,291) (763,295)
FINANCING ACTIVITIES      
Note receivable     (15,000)
Advances from stockholders, increase decrease 102,700 64,326 238,695
Due on mineral rights acquisition (32,500)   156,500
Dividends     (38,825)
Proceeds on issuance of capital stock 336,000 87,250 881,816
NET CASH PROVIDED BY FINANCING ACTIVITIES FROM CONTINUING OPERATIONS 406,200 151,576 1,223,186
INVESTING ACTIVITIES      
Acquisition of mineral property interests, increase decrease     (292,180)
Deposit on mineral rights   (9,063)  
Acquisition of equipment     (6,615)
NET CASH USED IN INVESTING ACTIVITIES FROM CONTINUING OPERATIONS   (9,063) (298,795)
NET (DECREASE) INCREASE IN CASH FROM CONTINUING OPERATIONS 4,527 55,222 161,096
Cash flows from discontinued operating activities:      
Loss from discontinued operations, increase decrease     (441,486)
Non-cash items:      
Stock-based compensation     270,859
Interest accrued on long term loan for discontinued operations     1,213
Changes in working capital:      
Accounts receivable from discontinued operations   (5,248)  
Liabilities from discontinued operations   (56,876) 4,454
NET CASH USED IN OPERATING ACTIVITIES FROM DISCONTINUED OPERATIONS   (51,628) (164,960)
NET DECREASE IN CASH FROM DISCONTINUED OPERATIONS   (51,628) (164,960)
EFFECT OF EXCHANGE RATE CHANGES ON CASH 2,720 (4,725) 35,677
NET INCREASE (DECREASE) IN CASH 7,247 (1,131) 31,813
CASH, BEGINNING OF PERIOD 24,566 24,786  
CASH, END OF PERIOD 31,813 23,655 31,813
SUPPLEMENTAL CASH FLOW INFORMATION      
Stock issued for purchase of a mineral property 95,000    
Purchase of common stock for accounts payable $ (26,000)   $ (26,000)