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STOCK OPTIONS (Details)	12 Months Ended
STOCK OPTIONS (Details)	Jun. 30, 2013	Jun. 30, 2012
Notes to Financial Statements
Expected volatility	92.53%	81.17%
Risk-free interest rate	0.26%	0.25%
Expected life (years)	2 years 6 months	2 years 6 months

The estimated measure of the percentage by which a share price is expected to fluctuate during a period. Volatility also may be defined as a probability-weighted measure of the dispersion of returns about the mean. The volatility of a share price is the standard deviation of the continuously compounded rates of return on the share over a specified period. That is the same as the standard deviation of the differences in the natural logarithms of the stock prices plus dividends, if any, over the period.

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