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EARNINGS PER SHARE (Details 1) - USD ($)
3 Months Ended 6 Months Ended
Jan. 31, 2018
Jan. 31, 2017
Jan. 31, 2018
Jan. 31, 2017
Earnings Per Share [Abstract]        
Net Income (Loss) for the period $ (34,209) $ (221,313) $ 582,597 $ 103,444
Gains associated with DSUs 8,915 174,478 (638,855) (186,492)
Adjusted Net Income (Loss) for the period $ (25,294) $ (46,835) $ (56,258) $ (83,048)
Number of common shares outstanding 52,042,286 52,042,286 52,042,286 52,042,286
DSUs at beginning of the period 891,434 1,645,653 5,942,841 1,645,653
DSUs issued during the period [1] 0 1,010,766 0 1,577,544
DSUs waived during the period [2] 0 0 (5,051,406) 0
Adjusted number of common shares outstanding 52,933,720 54,698,705 52,933,721 55,265,483
Diluted Loss per Share (in dollars per share) $ (0.00) $ (0.00) $ (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 six month period ended January 31, 2018.