Consolidated Statement of Operations (Unaudited) (USD $)	3 Months Ended	6 Months Ended	10 Months Ended
	Jun. 30, 2011	Jun. 30, 2011	Jun. 30, 2011
Expenses:
Exploration expense	$ 1,677,762	$ 2,323,668	$ 2,323,668
General and administrative	1,062,380	1,806,317	2,549,371
Total expenses	2,740,142	4,129,985	4,873,039
Loss from operations	(2,740,142)	(4,129,985)	(4,873,039)
Other income (expense):
Derivative gains (losses)	2,621,073	(12,334,474)	(12,334,474)
Loss on debt extinguishment	(2,000,000)	(2,000,000)	(2,000,000)
Interest, net	(350,266)	(456,181)	(470,456)
Total other income (expense)	270,807	(14,790,655)	(14,804,930)
Income tax expense
Net loss	(2,469,335)	(18,920,640)	(19,677,969)
Net loss attributable to non-controlling interest	(884,232)	(1,258,787)	(1,258,787)
Net loss to attributable to Prospect Global Resources Inc.	$ (1,585,103)	$ (17,661,853)	$ (18,419,182)
Earnings per share Basic and diluted
Loss per share	$ (0.07)	$ (0.84)	$ (1.00)
Weighted average number of shares outstanding	21,615,897	21,017,588	18,484,320