CONSOLIDATED STATEMENT OF INCOME, EXPENSE AND RETAINED EARNINGS FOR THE FISCAL QUARTERS ENDED - USD ($)	3 Months Ended
	Feb. 29, 2016	Feb. 28, 2015
INCOME
Royalty Income	$ 285,575	$ 312,327
TOTAL INCOME	285,575	312,327
OPERATING EXPENSES
General and administrative	48,422	47,657
Professional Services	68,144	25,503
Property, Payroll and Other Taxes	0	16,012
TOTAL OPERATING EXPENSES	116,566	89,172
OTHER INCOME (EXPENSE)
Interest Expense	0	0
Interest and Dividend Income	26	417
Gain/(Loss) on Sale of Marketable Securities	(2,757)	(5,670)
TOTAL OTHER INCOME	(2,731)	(5,253)
NET INCOME/(LOSS)	166,278	217,902
Retained Earnings - Beginning of Period	17,617	(813,254)
Retained Earnings - End of Period	$ 183,895	$ (595,352)
Average Shares Outstanding During Period	6,012,361	6,012,361
NET GAIN (LOSS) PER SHARE	$ 0.03059	$ (0.09902)