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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
3 Months Ended 128 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Mar. 31, 2013
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net loss $ (2,147,078) $ (1,359,584) $ (73,335,494)
Adjustments to reconcile net loss to net cash used in operating activities:      
Stock-based compensation 249,600 50,870 11,155,499
Stock received for services     (11,165)
Depreciation 234,903 244,396 5,659,640
Initial measurement of asset retirement obligation     344,187
Accretion of asset retirement obligation 5,488 5,286 118,124
Gain on sale of available-for-sale securities     (2,005,904)
Gain from warrant derivatives 0 (336,920) (476,381)
Impairment of mineral properties     504,492
Changes in assets and liabilities:      
Interest receivable 3,790 5,701 (4,025)
Prepaid expenses and deposits 30,597 35,518 (280,706)
Accounts payable (71,566) (24,609) 423,596
Payroll and payroll taxes payable 81,283 24,096 95,977
Net cash used in operating activities (1,612,983) (1,355,246) (57,812,160)
CASH FLOWS FROM INVESTING ACTIVITIES:      
Purchase of property and equipment   (9,379) (7,697,121)
Proceeds from disposition of property and equipment     35,423
Proceeds (purchase) of certificates of deposit (6,216) 51,880 (2,689,631)
Net proceeds from sale of available-for-sale securities     2,005,904
Increase in mineral properties     (144,312)
Net cash provided by (used in) investing activities (6,216) 42,501 (8,489,737)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Net proceeds from sale of common stock   198,000 74,881,436
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS (1,619,199) (1,114,745) 8,579,539
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 10,246,073 17,121,800 47,335
CASH AND CASH EQUIVALENTS, END OF PERIOD 8,626,874 16,007,055 8,626,874
SUPPLEMENTAL INFORMATION:      
Interest paid     65,768
SUPPLEMENTAL DISCLOSURE OF NONCASH INVESTING ACTIVITIES:      
Unrealized gains (losses) on available-for-sale securities $ (5,985) $ 2,748 $ 1,637