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LIQUIDITY (Details) (USD $)
12 Months Ended 12 Months Ended 0 Months Ended 12 Months Ended 0 Months Ended 0 Months Ended 1 Months Ended 0 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2012
BTIG, LLC
ATM Sales Agreement
Feb. 01, 2014
BTIG, LLC
ATM Sales Agreement
Maximum
Oct. 31, 2011
BTIG, LLC
ATM Sales Agreement
Maximum
Oct. 28, 2011
BTIG, LLC
ATM Sales Agreement
Maximum
Nov. 13, 2013
Loan Agreement
RCF
Secured convertible loan facility
tranch
Dec. 31, 2013
Loan Agreement
RCF
Secured convertible loan facility
tranch
Nov. 13, 2013
Loan Agreement
RCF
Secured convertible loan facility
Maximum
Nov. 13, 2013
Loan Agreement
Tranche one
RCF
Nov. 13, 2013
Loan Agreement
Tranche one
RCF
Secured convertible loan facility
Nov. 13, 2013
Loan Agreement
Tranche two
RCF
Secured convertible loan facility
Nov. 13, 2013
Loan Agreement
Tranche three
RCF
Secured convertible loan facility
Mar. 01, 2014
Subsequent event
Feb. 12, 2014
Subsequent event
Registered direct offering
Jan. 31, 2014
Subsequent event
BTIG, LLC
ATM Sales Agreement
Jan. 31, 2014
Subsequent event
BTIG, LLC
ATM Sales Agreement
Feb. 01, 2014
Subsequent event
BTIG, LLC
ATM Sales Agreement
Jan. 29, 2014
Subsequent event
Loan Agreement
RCF
Feb. 04, 2014
Subsequent event
Loan Agreement
Tranche one
RCF
Feb. 04, 2014
Subsequent event
Loan Agreement
Tranche one
RCF
Secured convertible loan facility
LIQUIDITY                                            
Cash and cash equivalents $ 1,117,303 $ 4,664,596 $ 2,890,263                       $ 11,200,000              
Uranium inventory 0                                          
Maximum borrowing capacity                   15,000,000   5,000,000 5,000,000 5,000,000                
Number of tranches               3                            
Proceeds from borrowings                     3,000,000                   2,000,000 2,000,000
Number of additional tranches                 2                          
Aggregate offering price of the shares of common stock available to be sold under ATM Sales Agreement         15,000,000 15,000,000 15,000,000                       7,100,000      
Shares of common stock sold       970,000                       3,960,000 523,350 523,350   7,500,000    
Net proceeds from sale of shares of common stock 3,599,432 20,264,692   5,400,000                       9,472,320 1,900,000 1,900,000        
Sale of common stock in a registered direct offering $ 3,599,432 $ 20,264,692                           $ 10,300,000            
Price per share (in dollars per share)                               $ 2.60