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EARNINGS PER SHARE (Details 1) - USD ($)
3 Months Ended
Oct. 31, 2017
Oct. 31, 2016
Earnings Per Share [Abstract]    
Net Income for the period $ 616,806 $ 324,757
Gains associated with DSUs (647,769) (360,969)
Adjusted Net Income (Loss) for the period $ (30,963) $ (36,212)
Number of common shares outstanding 52,042,286 52,042,286
DSUs at beginning of period 5,942,841 1,645,653
DSUs issued during the period [1] 0 0
DSUs waived during the period [2] (5,051,407) 0
Adjusted number of common shares outstanding 52,933,720 53,687,939
Diluted Earnings (Loss) per Share $ (0.00) $ (0.00)
[1] Shares were issued on the final day of the three month period; accordingly, for the three month period, any weighted average issued and outstanding would be nil. As of August 1, 2017, no further DSUs are being issued by the Company.
[2] Shares were waived as of August 1, 2017. As such, there were 891,434 DSUs outstanding throughout the entire three month period ended October 31, 2017.