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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
OPERATING ACTIVITIES:    
Net loss $ (5,763,032) $ (7,332,598)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation, depletion, and amortization 1,083,169 180,653
Stock payments and stock-based compensation 644,534 2,111,136
Accretion of reclamation liability 73,206 34,033
Loss on sale of properties, plant, and equipment 1,015,496   
Amortization of debt discounts and issuance costs 382,420 27,338
Net change in fair value of derivative liabilities (437,814) (366,800)
Changes in operating assets and liabilities:    
Accounts receivable (1,331,083)   
Inventories (606,690)   
Stockpiles and mineralized material on leach pad (593,342)   
Prepaid expenses 37,831 (481,237)
Other assets 6,470 6,470
Accounts payable 49,489   
Accrued expenses and other liabilities (170,210) 1,353,160
NET CASH USED IN OPERATING ACTIVITIES (5,609,556) (4,467,845)
INVESTING ACTIVITIES:    
Proceeds from maturity of available-for-sale securities    1,473,264
Proceeds from sale of properties, plant and equipment 571,820   
Purchase of mineral rights and properties, plant and equipment (202,386) (3,331,606)
Increase in reclamation bond deposit (350,000) (627,407)
NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES 19,434 (2,485,749)
FINANCING ACTIVITIES:    
Principal payments on long-term debt obligations (528,252) (35,797)
Proceeds from the issuance of common stock 10,000,000 15,812,173
Common stock issuance costs (261,647) (470,104)
NET CASH PROVIDED BY FINANCING ACTIVITIES 9,210,101 15,306,272
INCREASE IN CASH AND CASH EQUIVALENTS 3,619,979 8,352,678
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 5,973,079 6,955,010
CASH AND CASH EQUIVALENTS, END OF PERIOD 9,593,058 15,307,688
SUPPLEMENTAL CASH FLOW INFORMATION:    
Cash paid for income taxes      
Cash paid for interest 81,016 42,742
Supplemental disclosure of non-cash investing and financing activities:    
Conversion of convertible preferred stock to common stock (par value) 2 95
Reclamation bond deposit included in accrued expenses and other liabilities 1,700,000   
Settlement of debt from gold transfers 1,965,726   
Settlement of long-term debt obligations through transfer of properties, plant and equipment 1,028,180   
Dividends paid in common stock (par value) 639 812
Issuance of long-term debt obligations for purchase of mineral rights and properties, plant and equipment    2,485,625
Vested restricted common stock (par value) 72   
Properties, plant and equipment purchases in accounts payable 73,824 1,576,473
Debt Obligation Payment [Member]
   
Supplemental disclosure of non-cash investing and financing activities:    
Issuance of common stock 25,000   
Acquisition of Mineral Property [Member]
   
Supplemental disclosure of non-cash investing and financing activities:    
Issuance of common stock    $ 98,527