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LIQUIDITY (Details) (USD $)
3 Months Ended 0 Months Ended 0 Months Ended 0 Months Ended 3 Months Ended 0 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Dec. 31, 2013
Dec. 31, 2012
Feb. 12, 2014
Registered direct offering
Jan. 31, 2014
BTIG, LLC
ATM Sales Agreement
Mar. 31, 2014
BTIG, LLC
ATM Sales Agreement
Oct. 31, 2011
BTIG, LLC
ATM Sales Agreement
Maximum
Oct. 28, 2011
BTIG, LLC
ATM Sales Agreement
Maximum
Nov. 13, 2013
Loan Agreement
RCF
tranche
Mar. 31, 2014
Loan Agreement
RCF
Feb. 04, 2014
Loan Agreement
Tranche one
RCF
Nov. 13, 2013
Loan Agreement
Tranche one
RCF
Jan. 28, 2014
Loan Agreement
Tranche one
RCF
Mar. 31, 2014
Loan Agreement
Tranche two
RCF
Nov. 13, 2013
Loan Agreement
Tranche two
RCF
Mar. 31, 2014
Loan Agreement
Tranche three
RCF
Nov. 13, 2013
Loan Agreement
Tranche three
RCF
May 06, 2014
Subsequent event
Apr. 30, 2014
Subsequent event
Loan Agreement
RCF
Apr. 29, 2014
Subsequent event
Loan Agreement
RCF
Apr. 30, 2014
Subsequent event
Loan Agreement
Tranche two
RCF
Apr. 29, 2014
Subsequent event
Loan Agreement
Tranche two
RCF
Apr. 29, 2014
Subsequent event
Loan Agreement
Tranche three
RCF
LIQUIDITY                                                
Cash and cash equivalents $ 10,612,270 $ 4,350,219 $ 1,117,303 $ 4,664,596                             $ 11,900,000          
Uranium inventory 0                                              
Aggregate offering price of the shares of common stock available to be sold under ATM Sales Agreement             7,100,000 15,000,000 15,000,000                              
Shares of common stock sold         3,960,000 523,350                                    
Net proceeds from sale of shares of common stock 11,248,711 3,633,883     9,372,885 1,875,826                                    
Price per share (in dollars per share)         $ 2.60                                      
Maximum borrowing capacity                   15,000,000 15,000,000   5,000,000   5,000,000 5,000,000 5,000,000 5,000,000     8,000,000   3,000,000 0
Number of tranches                   3                            
Additional amounts that may be drawn                                       0        
Proceeds from borrowings                       $ 2,000,000 $ 3,000,000 $ 3,000,000               $ 3,000,000