| Address:
|
#770 - 800 WEST PENDER STREET
|
| City: |
VANCOUVER |
|
State: |
|
|
Zip Code: |
V6C 2V6 |
| Telephone: |
604-630-1399 |
|
Description of Business
|
Primary SIC Code:
1040 |
| (As filed with the SEC)
|
|
|
The Company is in the mineral acquisition, exploration and development business.
The Company is in the exploration stage and there is no assurance that a
commercially viable mineral deposit exists on any of our properties. Further
exploration will be required before a final evaluation as to the economic and
legal feasibility of any of the Company's properties is determined. Even if the
Company completes its exploration program and is successful in identifying a
mineral deposit, it will have to spend substantial funds on further drilling and
engineering studies before it will know if it has a commercially viable mineral
deposit or reserve. ... More ... |
| Date |
12-mos
Rolling EPS |
Dividend |
P/E
Ratio |
| 09/2011 | -0.16 | NA | N/E | | 06/2011 | -0.21 | NA | N/E | | 03/2011 | -0.24 | NA | N/E | | 12/2010 | -0.24 | NA | N/E | | 09/2010 | -0.19 | NA | N/E | | 06/2010 | -0.14 | NA | N/E | | 03/2010 | -0.21 | NA | N/E | | 12/2009 | -0.26 | NA | N/E |
Key Financial Ratios and Statistics |
FYE:
12/31 |
| Profitability |
2010 |
Leverage |
2010 |
| Net Inc/Comm Equity | -0.08 | Total Liab/Total Assets | 0.02 | | Net Inc/Total Assets | -0.12 | Total Liab/Inv Cap | 0.02 | | Net Inc/Inv Cap | -0.12 | Total Liab/Comm Equity | 0.01 | | Pretax Inc/Net Sales | NA | Interest Coverage Ratio | NA | | Net Inc/Net Sales | NA | Curr Debt/Equity | NA | | Cash Flow/Net Sales | NA | LTD/Equity | NA | | SG&A/NetSales | NA | Total Debt/Equity | NA |
| Asset Utilization
|
|
Liquidity |
|
| Net Receivables Turnover | NA | Quick Ratio | 18.45 | | Inventory Turnover | NA | Current Ratio | 18.45 | | Inventory Day Sales | NA | Net Rec/Curr Assets | 0.05 | | Net Sales/Work Cap | NA | Inv/Curr Assets | NA | | Net Sales/PP&E | NA | | |
Income Statement (Millions) |
| |
12/31/2010
|
12/31/2009
|
12/31/2008
|
12/31/2007
|
|
Total Revenues(Net Sales)
|
NA
|
NA
|
NA
|
NA
|
|
Cost of Goods Sold
|
NA
|
NA
|
1.25
|
NA
|
|
Selling & Admin Exps
|
7.33
|
6.04
|
4.21
|
8.45
|
|
Operating Income
|
-13.37
|
-13.15
|
-6.49
|
-9.24
|
|
Interest Exp
|
NA
|
NA
|
NA
|
NA
|
|
Pretax Income
|
-13.08
|
-13.46
|
-4.81
|
-8.31
|
|
Other Income
|
0.29
|
-0.31
|
-8.39
|
-4.83
|
|
Net Income Bef Extraordinary ...
|
NA
|
NA
|
NA
|
NA
|
|
Net Income
|
-12.91
|
-12.87
|
-14.88
|
-13.66
|
|
Assets
|
12/31/2010
|
12/31/2009
|
12/31/2008
|
12/31/2007
|
|
Cash & Short Term Investments
|
40.76
|
25.58
|
42.77
|
61.31
|
|
Receivables - Total
|
2.22
|
1.95
|
1.98
|
0.84
|
|
Inventories - Total
|
NA
|
NA
|
NA
|
NA
|
|
Total Current Assets
|
43.07
|
27.62
|
44.84
|
62.20
|
|
Net Property, Plant & Equipment
|
7.56
|
7.31
|
0.05
|
0.02
|
|
Total Assets
|
111.81
|
78.84
|
55.66
|
71.37
|
|
Liabilities
|
|
|
|
|
|
Accounts Payable
|
2.34
|
1.03
|
1.23
|
0.65
|
|
Debt in Current Liabilities
|
NA
|
NA
|
NA
|
NA
|
|
Total Current Liabilities
|
2.34
|
1.03
|
1.23
|
0.65
|
|
Long-Term Debt
|
NA
|
NA
|
NA
|
NA
|
|
Total Liabilities
|
2.34
|
1.03
|
1.23
|
0.65
|
|
Stockholder's Equity
|
|
|
|
|
|
Minority Interest
|
NA
|
NA
|
NA
|
NA
|
|
Preferred Stock
|
NA
|
NA
|
NA
|
NA
|
|
Common Stock
|
146.95
|
102.65
|
87.58
|
92.87
|
|
Retained Earnings
|
-48.56
|
-33.79
|
-17.95
|
-16.37
|
|
Treasury Stock
|
NA
|
NA
|
NA
|
NA
|
|
Total Stockholders' Equity
|
109.47
|
77.81
|
54.43
|
70.72
|
|
Total Liabilities and Stockholders' Equity
|
111.81
|
78.84
|
55.66
|
71.37
|
Cash Flow Summary (Millions) |
|
Categories
|
12/31/2010
|
12/31/2009
|
12/31/2008
|
12/31/2007
|
|
Net Cash Provided by Operating Activities
|
-6.69
|
-7.15
|
-13.18
|
-8.52
|
|
Net Cash Provided by Investing Activities
|
-16.99
|
-17.50
|
-3.80
|
-4.54
|
|
Net Cash Provided by Financing Activities
|
36.78
|
0.36
|
10.53
|
70.80
|
Annual Summary Data (Millions) |
| Year |
Sales |
Net
Income |
EPS |
| 12/2006 | 0.00 | -6.75 | -0.10 | | 12/2007 | 0.00 | -13.66 | -0.19 | | 12/2008 | 0.00 | -14.88 | -0.10 | | 12/2009 | 0.00 | -12.87 | -0.26 | | 12/2010 | 0.00 | -12.91 | -0.24 | | Growth Rates | NaN | -- | -- |
| Type |
Date(Q,M) |
No.
Owners |
Shares
Held (000s) |
%
Own |
| Institutional | 12/31/11 | 55 | 19,439 | 34.92 |
|
Report Date :
2/6/2012
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