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Consolidated Statements of Operations (USD $)
12 Months Ended 707 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2011
Gain on settlement     $ 8,124,016
Interest and other income 294 768 3,985,523
Revenues, Total 294 768 12,109,539
Expenses:      
Legal fees and costs 5,351 28,196 17,688,104
Administrative expenses 111,712 130,323 11,301,402
Salaries 125,000 125,000 4,646,431
Shareholder communications 10,406 22,955 4,182,977
Goodwill impairment     801,823
Write off of unproved properties 2,832,519   9,523,271
Exploration costs     188,218
Lawsuit judgments     1,941,916
Non-Controlling interests     (632,974)
Other     364,865
Contractual services     2,350,876
Total Costs and expenses 3,084,988 306,474 52,356,909
Net loss before income Taxes (3,084,694) (305,706) (40,247,370)
Income tax benefit         
Net loss $ (3,084,694) $ (305,706) $ (40,247,370)
Basic and diluted EPS $ (0.04) $ (0.01)  
Weighted average number of shares outstanding (basic and diluted) 71,742,784 64,761,056