| Address:
|
SUITE 1660, 999 WEST HASTINGS STREET
|
| City: |
VANCOUVER |
|
State: |
|
|
Zip Code: |
V6C 2W2 |
| Telephone: |
(604) 688-9592 |
|
Description of Business
|
Primary SIC Code:
1400 |
| (As filed with the SEC)
|
|
|
The Company is a mineral resource exploration company. The Company's principal
properties are the Cerro Moro property in Santa Cruz Province, Argentina, the
Caspiche property in northern Chile, and the Don Sixto property in Mendoza
Province, Argentina.
The Company is in the exploration stage of its corporate development; it owns no
producing properties and, consequently has no current operating income or cash
flow from the properties it holds, nor has it had any income from operations in
the past three financial years. As a consequence, operations of the Company are
primarily funded by equity subscriptions.
The progress on and results of work programs on the Company's properties are set
out in the Mineral Project section of this AIF. At this time, based on the
exploration results to-date, the Company cannot project significant mineral
production from any of its existing properties. ... More ... |
| Date |
12-mos
Rolling EPS |
Dividend |
P/E
Ratio |
| 09/2011 | -0.34 | NA | N/E | | 06/2011 | -0.36 | NA | N/E | | 03/2011 | -0.37 | NA | N/E | | 12/2010 | -0.39 | NA | N/E | | 09/2010 | -0.59 | NA | N/E | | 06/2010 | -0.54 | NA | N/E | | 03/2010 | -0.53 | NA | N/E | | 12/2009 | -0.37 | NA | N/E |
Key Financial Ratios and Statistics |
FYE:
12/31 |
| Profitability |
2010 |
Leverage |
2010 |
| Net Inc/Comm Equity | -0.14 | Total Liab/Total Assets | 0.02 | | Net Inc/Total Assets | -0.39 | Total Liab/Inv Cap | 0.02 | | Net Inc/Inv Cap | -0.40 | 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 | 53.73 | | Inventory Turnover | NA | Current Ratio | 53.73 | | Inventory Day Sales | NA | Net Rec/Curr Assets | 0.01 | | 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
|
0.58
|
0.40
|
|
Cost of Goods Sold
|
1.16
|
0.50
|
19.33
|
12.20
|
|
Selling & Admin Exps
|
9.82
|
3.87
|
4.54
|
5.33
|
|
Operating Income
|
-31.00
|
-15.83
|
-23.36
|
-17.17
|
|
Interest Exp
|
NA
|
NA
|
NA
|
NA
|
|
Pretax Income
|
-30.51
|
-15.70
|
-23.44
|
-17.20
|
|
Other Income
|
0.50
|
0.13
|
-0.08
|
-0.02
|
|
Net Income Bef Extraordinary ...
|
NA
|
NA
|
NA
|
NA
|
|
Net Income
|
-36.05
|
-29.55
|
-23.44
|
-17.20
|
|
Assets
|
12/31/2010
|
12/31/2009
|
12/31/2008
|
12/31/2007
|
|
Cash & Short Term Investments
|
91.19
|
76.91
|
15.64
|
8.89
|
|
Receivables - Total
|
0.53
|
0.41
|
0.54
|
0.46
|
|
Inventories - Total
|
NA
|
NA
|
NA
|
NA
|
|
Total Current Assets
|
91.72
|
77.88
|
16.18
|
9.35
|
|
Net Property, Plant & Equipment
|
0.24
|
0.27
|
3.05
|
3.63
|
|
Total Assets
|
91.96
|
81.43
|
19.23
|
12.98
|
|
Liabilities
|
|
|
|
|
|
Accounts Payable
|
1.71
|
2.60
|
2.31
|
2.16
|
|
Debt in Current Liabilities
|
NA
|
NA
|
NA
|
NA
|
|
Total Current Liabilities
|
1.71
|
3.97
|
2.31
|
2.16
|
|
Long-Term Debt
|
NA
|
NA
|
NA
|
NA
|
|
Total Liabilities
|
1.71
|
3.97
|
2.31
|
2.16
|
|
Stockholder's Equity
|
|
|
|
|
|
Minority Interest
|
NA
|
NA
|
NA
|
NA
|
|
Preferred Stock
|
NA
|
NA
|
NA
|
NA
|
|
Common Stock
|
239.98
|
166.37
|
73.12
|
56.32
|
|
Retained Earnings
|
-176.37
|
-106.34
|
-65.88
|
-52.87
|
|
Treasury Stock
|
NA
|
NA
|
NA
|
NA
|
|
Total Stockholders' Equity
|
90.25
|
77.46
|
16.92
|
10.83
|
|
Total Liabilities and Stockholders' Equity
|
91.96
|
81.43
|
19.23
|
12.98
|
Cash Flow Summary (Millions) |
|
Categories
|
12/31/2010
|
12/31/2009
|
12/31/2008
|
12/31/2007
|
|
Net Cash Provided by Operating Activities
|
-25.59
|
-21.28
|
-19.04
|
-13.90
|
|
Net Cash Provided by Investing Activities
|
-0.11
|
-0.12
|
-0.24
|
-0.19
|
|
Net Cash Provided by Financing Activities
|
60.93
|
80.52
|
27.78
|
8.19
|
Annual Summary Data (Millions) |
| Year |
Sales |
Net
Income |
EPS |
| 12/2006 | 0.19 | -13.48 | -0.12 | | 12/2007 | 0.40 | -17.20 | -0.10 | | 12/2008 | 0.58 | -23.44 | -0.39 | | 12/2009 | 0.00 | -29.55 | -0.37 | | 12/2010 | 0.00 | -36.05 | -0.39 | | Growth Rates | -100.00 | -- | -- |
| Type |
Date(Q,M) |
No.
Owners |
Shares
Held (000s) |
%
Own |
| Institutional | 12/31/11 | 57 | 25,023 | 28.66 |
|
Report Date :
2/6/2012
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