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CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) (USD $)
3 Months Ended 9 Months Ended 158 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Expenses          
Consulting fees $ 57,260 $ 43,750 $ 119,790 $ 119,250 $ 2,158,477
Consulting fees – stock-based (Note 9) 109,728 307,734 2,283,561 692,253 8,005,914
Depreciation             213,227
General and administrative 268,286 23,875 880,353 66,012 3,797,589
Interest and finance charges (Note 4) 214,811 103,740 411,783 558,577 6,242,796
Management fees (Note 8) 22,500 62,100 125,100 186,300 2,897,154
Management fees – stock-based (Notes 8 and 9) 31,334 29,563 146,960 360,260 4,471,749
Professional fees 21,757 36,173 208,866 317,130 5,135,438
Research and development (Note 8) 71,061 297,996 432,289 406,944 6,343,454
Research and development – stock-based             612,000
Total Expenses 796,737 904,931 4,608,702 2,706,726 39,877,798
Net Loss Before Other Items (796,737) (904,931) (4,608,702) (2,706,726) (39,877,798)
Other Items          
Foreign exchange (loss) gain (7,193) 14,654 2,304 (293) 55,894
Changes in fair value of derivative liabilities (Note 4) 121,385 46,000 544,576 (277,118) 4,619,716
Loss on debt financing (85,550)    (85,550)    (1,354,263)
Gain (loss) on settlement of debt (Note 9)       28,688 (482,474) (11,602,894)
Gain on extinguishment of derivative liabilities - warrants (Note 4)          1,088,575 290,500
Interest income             33,344
Loss on disposal of assets             (5,399)
Net Loss for the Period (768,095) (844,277) (4,118,684) (2,378,036) (47,840,900)
Basic and Diluted Net Loss per Share $ (0.01) $ (0.02) $ (0.07) $ (0.05)  
Weighted Average Number of Common Shares Outstanding 73,128,058 47,213,710 62,560,295 44,845,195