 |
v2.4.0.6
|
STATEMENTS OF CASH FLOWS (UNAUDITED) (USD $)
|
9 Months Ended |
67 Months Ended |
|
Feb. 29, 2012
|
Feb. 28, 2011
|
Feb. 29, 2012
|
| CASH FLOWS FROM OPERATING ACTIVITIES: |
|
|
|
| Net loss |
$ (27,010,234) |
$ (13,337) |
$ (27,177,085) |
| Adjustments to reconcile net loss to net cash provided by operating activities: |
|
|
|
| Capital contributions, noncash expenses |
|
3,900 |
9,100 |
| Impairment of mineral claim acquisitions |
26,862,500 |
|
26,862,500 |
| Changes in Accounts payable |
40,157 |
3,825 |
68,694 |
| Short-term loans aquired |
21,892 |
|
21,892 |
| Net cash used in operations |
(85,685) |
(5,612) |
(214,899) |
| CASH FLOWS FORM INVESTING ACTIVITIES: |
|
|
|
| Purchase mineral property claims |
(20,000) |
|
(20,000) |
| Net cash used in investing activities |
(20,000) |
|
(20,000) |
| CASH FLOWS FROM FINANCING ACTIVITIES: |
|
|
|
| Proceeds from advances |
40 |
5,313 |
108,404 |
| Proceeds from issuance of common stock |
50,000 |
|
70,850 |
| Investor deposits |
56,280 |
|
56,280 |
| Cash Flows Provided By Financing Activities |
106,320 |
5,313 |
235,534 |
| Net (Decrease) In Cash |
635 |
(299) |
635 |
| Cash at Beginning of Period |
|
832 |
|
| CASH AT END OF PERIOD |
635 |
533 |
635 |
| SUPPLEMENTAL DISCLOSURES OF NON-CASH INVESTING ACTIVITIES |
|
|
|
| Shares issued to acquire mineral concessions |
26,842,500 |
|
26,842,500 |
| Capital Contributions, noncash expenses |
|
$ 3,900 |
$ 9,100 |
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| Period Type: |
duration |
|
| X |
- Definition
The cash inflow from the additional capital contribution to the entity.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 95
-Paragraph 19
-Subparagraph a
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.
Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Financing Activities
-URI http://asc.fasb.org/extlink&oid=6513228
Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 95
-Paragraph 18
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.
Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 14
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3255-108585
+ Details
| Name: |
us-gaap_ProceedsFromIssuanceOfCommonStock |
| Namespace Prefix: |
us-gaap_ |
| Data Type: |
xbrli:monetaryItemType |
| Balance Type: |
debit |
| Period Type: |
duration |
|
| X |
- Definition
Cash received from principal payments made on loans related to operating activities.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 95
-Paragraph 27
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.
Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 25
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3536-108585
+ Details
| Name: |
us-gaap_ProceedsFromLoans |
| Namespace Prefix: |
us-gaap_ |
| Data Type: |
xbrli:monetaryItemType |
| Balance Type: |
debit |
| Period Type: |
duration |
|
| X |
- Definition
Cash inflow related to receipts of other deposits not otherwise defined in the taxonomy.
+ References+ Details
| Name: |
us-gaap_ProceedsFromOtherDeposits |
| Namespace Prefix: |
us-gaap_ |
| Data Type: |
xbrli:monetaryItemType |
| Balance Type: |
debit |
| Period Type: |
duration |
|
| X |
- Definition
The fair value of stock issued in noncash financing activities.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=6367179&loc=d3e4332-108586
Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=6367179&loc=d3e4313-108586
Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6367179&loc=d3e4304-108586
Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 95
-Paragraph 32
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.
+ Details
| Name: |
us-gaap_StockIssued1 |
| Namespace Prefix: |
us-gaap_ |
| Data Type: |
xbrli:monetaryItemType |
| Balance Type: |
credit |
| Period Type: |
duration |
|
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