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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
Mar. 31, 2012
Dec. 31, 2011
Current assets:    
Cash and cash equivalents $ 9,907,372 $ 2,890,263
Receivables, net 404,247 123,336
Note receivable (Note 10) 917,457  
Prepaid and other current assets 178,461 165,509
Total current assets 11,407,537 3,179,108
Property, plant and equipment, at cost:    
Uranium properties 83,578,081 82,768,867
Other property, plant and equipment 966,586 868,454
Less-accumulated depreciation, depletion and impairment (64,936,940) (64,791,294)
Net property, plant and equipment 19,607,727 18,846,027
Long-term investment:    
Certificates of deposit, restricted 9,416,268 9,379,794
Total assets 40,431,532 31,404,929
Current liabilities:    
Accounts payable 1,859,823 1,148,812
Current portion of asset retirement obligations 1,139,840 1,227,125
Royalties and commissions payable 665,745 665,745
Accrued interest and other accrued liabilities 820,466 374,088
Current portion of capital leases 66,950 65,161
Total current liabilities 4,552,824 3,480,931
Asset retirement obligations 3,403,670 3,508,634
Other long-term deferred credits 500,000 500,000
Long term capital leases, less current portion 36,644 54,071
Long-term debt, less current portion 450,000 450,000
Commitments and contingencies (Note 9)      
Shareholders' equity:    
Common stock, $.001 par value, shares authorized: 200,000,000; shares issued and outstanding (net of treasury shares): 2012-106,062,979; 2011-94,005,006 106,101 94,043
Paid-in capital 181,575,716 169,904,203
Accumulated deficit (150,184,005) (146,577,535)
Less: Treasury stock (38,125 shares), at cost (9,418) (9,418)
Total shareholders' equity 31,488,394 23,411,293
Total liabilities and shareholders' equity $ 40,431,532 $ 31,404,929