INVESTMENTS AVAILABLE FOR SALE	6 Months Ended
Jun. 30, 2011
Investments Available For Sale [Abstract]
Investments Available For Sale [Text Block]	NOTE 4—INVESTMENTS AVAILABLE FOR SALE As disclosed in Note 2, resulting from the Shamika Gold transaction, in 2010 the Company acquired 4,950,000 shares of common stock of Shamika 2 Gold with an investment value of $1,237,500. Securities to be held for indefinite periods of time, but not necessarily to be held to maturity or on a long-term basis, are classified as available for sale and carried at fair value with unrealized gains or losses reported as a separate component of shareholders' deficit in accumulated other comprehensive (loss) income in the condensed consolidated balance sheets. Based on management’s current intent of holding the majority of the shares in Shamika 2 Gold equity security, the investment is classified as a short term investment in available for sale securities. The common stock of Shamika 2 Gold is quoted on the Over-the-Counter Bulletin Board under the symbol “SHMX” and is, therefore, considered a Level 1 investment in the fair value hierarchy. As of December 31, 2010, the Company held 4,905,000 Shamika 2 Gold shares and recorded a fair value of $3,188,250 as investments available for sale in the condensed consolidated balance sheet. As of June 30, 2011, the Company held 4,073,836 shares with a fair value recorded of $366,645 and a $675,560 unrealized loss in its investment due to the decrease in the fair market value of Shamika 2 Gold’s shares during the six month period ended June 30, 2011. Management believes that the decline its investment is considered temporary and therefore no write down of the investment value as of June 30, 2011 is needed.

NOTE 4—INVESTMENTS AVAILABLE FOR SALE

As disclosed in Note 2, resulting from the Shamika Gold transaction, in 2010 the Company acquired 4,950,000 shares of common stock of Shamika 2 Gold with an investment value of $1,237,500. Securities to be held for indefinite periods of time, but not necessarily to be held to maturity or on a long-term basis, are classified as available for sale and carried at fair value with unrealized gains or losses reported as a separate component of shareholders' deficit in accumulated other comprehensive (loss) income in the condensed consolidated balance sheets. Based on management’s current intent of holding the majority of the shares in Shamika 2 Gold equity security, the investment is classified as a short term investment in available for sale securities. The common stock of Shamika 2 Gold is quoted on the Over-the-Counter Bulletin Board under the symbol “SHMX” and is, therefore, considered a Level 1 investment in the fair value hierarchy.

As of December 31, 2010, the Company held 4,905,000 Shamika 2 Gold shares and recorded a fair value of $3,188,250 as investments available for sale in the condensed consolidated balance sheet. As of June 30, 2011, the Company held 4,073,836 shares with a fair value recorded of $366,645 and a $675,560 unrealized loss in its investment due to the decrease in the fair market value of Shamika 2 Gold’s shares during the six month period ended June 30, 2011. Management believes that the decline its investment is considered temporary and therefore no write down of the investment value as of June 30, 2011 is needed.