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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Revenues:      
Uranium sales     $ 4,673,169
Total revenue     4,673,169
Cost of uranium sales:      
Royalties and commissions     464,028
Operating expenses 648,278 394,763 2,692,960
Accretion/amortization of restoration reserve 121,183 155,943 257,791
Depreciation and depletion 599,504 756,377 1,089,612
Writedown of uranium properties 1,460,170 961,278 3,517,970
Exploration expenses 17,918 1,646 61,677
Total cost of uranium sales 2,847,053 2,270,007 8,084,038
Loss from operations before corporate expenses (2,847,053) (2,270,007) (3,410,869)
Corporate expenses:      
General and administrative (includes stock compensation expense of $884,000, $1,032,000 and $1,258,000 in 2011, 2010 and 2009, respectively) 8,400,955 6,911,672 6,624,023
Provision for legal settlement   1,375,000  
Depreciation 127,741 143,361 142,531
Total corporate expenses 8,528,696 8,430,033 6,766,554
Loss from operations (11,375,749) (10,700,040) (10,177,423)
Other income (expense):      
Interest expense (18,968) (25,362) (40,637)
Interest and other income, net 195,320 370,835 152,198
Total other income, net 176,352 345,473 111,561
Net loss $ (11,199,397) $ (10,354,567) $ (10,065,862)
Basic and diluted net loss per common share (in dollars per share) $ (0.12) $ (0.14) $ (0.18)