XML 50 R24.htm IDEA: XBRL DOCUMENT v2.4.1.9
3. Sulfatos Acquisition (Tables)
12 Months Ended
Dec. 31, 2013
Business Combinations [Abstract]  
Schedule of Supplemental Cash Flows Information
   As of January 1, 2012 
Prepaid expenses  $716,945 
Equipment   3,289,521 
Mining property   3,036,300 
Land   549,310 
Accounts payable   (419,488)
Notes payable   (2,556,712)
   $4,615,876 
Plus, cash acquired   836,733 
Total value of acquisition  $5,452,609 
Value of acquisition allocated to additional paid-in capital  $2,391,565 
Value of acquisition allocated to minority interest  $3,061,044 
Schedule of historical cost values of the assets acquired and liabilities

 

   At 
   January 1, 2012 
Working Capital Items     
Cash and cash equivalents  $836,733 
Prepaid expenses and other   716,945 
Accounts payable and accrued liabilities   (419,488)
Notes payable   (2,556,712)
Subtotal—Working Capital Items   (1,422,522)
      
Long-lived Assets:     
Property & Equipment     
Land   549,310 
Mining property   3,036,300 
FFE and Equipment   3,289,521 
Subtotal—long-lived assets   6,875,131 
      
Total value of acquisition  $5,452,609 
      
Value of acquisition allocated to additional paid-in capital  $2,391,565 
Value of acquisition allocated to minority interest  $3,061,044