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NOTE 6 - CAPITAL LEASE OBLIGATIONS (Details Narrative) (USD $)
1 Months Ended
Dec. 31, 2012
acre
Total amount of lease payments (over the term) $ 1,825,808
First year payment 200,000
Present value of lease payments on acquisition date 1,316,025
Capital Lease, Shai Hills, original values
 
Land acquired in the Shai Hills area of Ghana, West Africa 8,000
Lease term in years 9 years
Total amount of lease payments (over the term) 1,954,840
First year payment 129,032
Discount rate 8.00%
Present value of lease payments on acquisition date $ 1,435,025