10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001654954-18-012468 |
| Period End Date | 20180930 |
| Filing Date | 20181113 |
| Fiscal Year | 2018 |
| Fiscal Period | Q3 |
| XBRL Instance | lsmg-20180930.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
36 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Common stock, par value |
CommonStockParOrStatedValuePerShare
|
$0.00 | USD | Point-in-time |
| Common stock, par value |
CommonStockParOrStatedValuePerShare
|
$0.00 | USD | Point-in-time |
| Cash |
Cash
|
$5.13K | USD | Point-in-time |
| Cash |
Cash
|
$818.00 | USD | Point-in-time |
| Cash |
Cash
|
$16.61K | USD | Point-in-time |
| Cash |
Cash
|
$2.17K | USD | Point-in-time |
| Common stock, Authorized |
CommonStockSharesAuthorized
|
480.00M | shares | Point-in-time |
| Common stock, Authorized |
CommonStockSharesAuthorized
|
480.00M | shares | Point-in-time |
| Prepaid fees |
PrepaidExpenseCurrent
|
$3.06K | USD | Point-in-time |
| Prepaid fees |
PrepaidExpenseCurrent
|
$3.73K | USD | Point-in-time |
| Common stock, Issued |
CommonStockSharesIssued
|
49.13M | shares | Point-in-time |
| Common stock, Issued |
CommonStockSharesIssued
|
49.13M | shares | Point-in-time |
| Total current assets |
AssetsCurrent
|
$19.67K | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$4.54K | USD | Point-in-time |
| Mineral Property Interest, unproven |
MineralPropertiesNet
|
$230.18K | USD | Point-in-time |
| Mineral Property Interest, unproven |
MineralPropertiesNet
|
$230.18K | USD | Point-in-time |
| Total Assets |
Assets
|
$234.72K | USD | Point-in-time |
| Total Assets |
Assets
|
$249.85K | USD | Point-in-time |
| Accounts payable and accrued liabilities |
AccountsPayableAndAccruedLiabilitiesCurrent
|
$8.05K | USD | Point-in-time |
| Accounts payable and accrued liabilities |
AccountsPayableAndAccruedLiabilitiesCurrent
|
$8.70K | USD | Point-in-time |
| Due to related parties and accrued interest |
DueToRelatedPartiesCurrent
|
$1.04M | USD | Point-in-time |
| Due to related parties and accrued interest |
DueToRelatedPartiesCurrent
|
$1.28M | USD | Point-in-time |
| Loans payable and accrued interest |
LoansPayableCurrent
|
$34.65K | USD | Point-in-time |
| Loans payable and accrued interest |
LoansPayableCurrent
|
$47.05K | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$1.09M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$1.32M | USD | Point-in-time |
| Authorized: 480,000,000 voting common shares with a par value of $0.001 per share 20,000,000 preferred shares with a par value of $0.001 per share Issued: 49,127,825 common shares at September 30, 2018 and December 31, 2017 |
CommonStockValue
|
$1.95K | USD | Point-in-time |
| Authorized: 480,000,000 voting common shares with a par value of $0.001 per share 20,000,000 preferred shares with a par value of $0.001 per share Issued: 49,127,825 common shares at September 30, 2018 and December 31, 2017 |
CommonStockValue
|
$1.95K | USD | Point-in-time |
| Additional Paid-In Capital |
AdditionalPaidInCapitalCommonStock
|
$1.51M | USD | Point-in-time |
| Additional Paid-In Capital |
AdditionalPaidInCapitalCommonStock
|
$1.57M | USD | Point-in-time |
| Accumulated Deficit |
RetainedEarningsAccumulatedDeficit
|
$-2.37M | USD | Point-in-time |
| Accumulated Deficit |
RetainedEarningsAccumulatedDeficit
|
$-2.64M | USD | Point-in-time |
| Total stockholders' deficiency |
StockholdersEquity
|
$-856.95K | USD | Point-in-time |
| Total stockholders' deficiency |
StockholdersEquity
|
$-1.07M | USD | Point-in-time |
| Total liabilities and stockholders' deficiency |
LiabilitiesAndStockholdersEquity
|
$234.72K | USD | Point-in-time |
| Total liabilities and stockholders' deficiency |
LiabilitiesAndStockholdersEquity
|
$249.85K | USD | Point-in-time |
Income Statement
56 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Revenue |
Revenues
|
- | USD | 3 Qtrs |
| Revenue |
Revenues
|
- | USD | 1 Quarter |
| Revenue |
Revenues
|
- | USD | 3 Qtrs |
| Revenue |
Revenues
|
- | USD | 1 Quarter |
| Consulting services |
ConsultingServices
|
$100.66K | USD | 1 Quarter |
| Consulting services |
ConsultingServices
|
$411.56K | USD | 3 Qtrs |
| Consulting services |
ConsultingServices
|
$14.59K | USD | 1 Quarter |
| Consulting services |
ConsultingServices
|
$75.00K | USD | 3 Qtrs |
| Corporate support services |
CorporateSupportServices
|
$1.44K | USD | 3 Qtrs |
| Corporate support services |
CorporateSupportServices
|
$1.45K | USD | 3 Qtrs |
| Corporate support services |
CorporateSupportServices
|
$483.00 | USD | 1 Quarter |
| Corporate support services |
CorporateSupportServices
|
$499.00 | USD | 1 Quarter |
| Exploration and evaluation |
CostsIncurredExplorationCosts
|
- | USD | 3 Qtrs |
| Exploration and evaluation |
CostsIncurredExplorationCosts
|
- | USD | 1 Quarter |
| Exploration and evaluation |
CostsIncurredExplorationCosts
|
$3.19K | USD | 3 Qtrs |
| Exploration and evaluation |
CostsIncurredExplorationCosts
|
- | USD | 1 Quarter |
| Mineral option fees |
MineralOptionFees
|
$25.01K | USD | 1 Quarter |
| Mineral option fees |
MineralOptionFees
|
$75.00K | USD | 3 Qtrs |
| Mineral option fees |
MineralOptionFees
|
$25.01K | USD | 1 Quarter |
| Mineral option fees |
MineralOptionFees
|
$75.00K | USD | 3 Qtrs |
| Office, foreign exchange and sundry |
GeneralAndAdministrativeExpense
|
$3.70K | USD | 1 Quarter |
| Office, foreign exchange and sundry |
GeneralAndAdministrativeExpense
|
$14.90K | USD | 3 Qtrs |
| Office, foreign exchange and sundry |
GeneralAndAdministrativeExpense
|
$1.80K | USD | 1 Quarter |
| Office, foreign exchange and sundry |
GeneralAndAdministrativeExpense
|
$5.60K | USD | 3 Qtrs |
| Professional fees |
ProfessionalFees
|
$12.32K | USD | 1 Quarter |
| Professional fees |
ProfessionalFees
|
$33.84K | USD | 3 Qtrs |
| Professional fees |
ProfessionalFees
|
$39.90K | USD | 3 Qtrs |
| Professional fees |
ProfessionalFees
|
$10.30K | USD | 1 Quarter |
| Transfer and filing fees |
TransferAndFilingFees
|
$1.91K | USD | 1 Quarter |
| Transfer and filing fees |
TransferAndFilingFees
|
$20.67K | USD | 3 Qtrs |
| Transfer and filing fees |
TransferAndFilingFees
|
$2.14K | USD | 1 Quarter |
| Transfer and filing fees |
TransferAndFilingFees
|
$19.23K | USD | 3 Qtrs |
| Total operating expenses |
CostsAndExpenses
|
$226.92K | USD | 3 Qtrs |
| Total operating expenses |
CostsAndExpenses
|
$56.23K | USD | 1 Quarter |
| Total operating expenses |
CostsAndExpenses
|
$142.19K | USD | 1 Quarter |
| Total operating expenses |
CostsAndExpenses
|
$549.86K | USD | 3 Qtrs |
| Operating Loss |
OperatingIncomeLoss
|
$-56.23K | USD | 1 Quarter |
| Operating Loss |
OperatingIncomeLoss
|
$-142.19K | USD | 1 Quarter |
| Operating Loss |
OperatingIncomeLoss
|
$-549.86K | USD | 3 Qtrs |
| Operating Loss |
OperatingIncomeLoss
|
$-226.92K | USD | 3 Qtrs |
| Interest, bank and finance charges |
InterestAndDebtExpense
|
$33.65K | USD | 3 Qtrs |
| Interest, bank and finance charges |
InterestAndDebtExpense
|
$14.05K | USD | 1 Quarter |
| Interest, bank and finance charges |
InterestAndDebtExpense
|
$42.51K | USD | 3 Qtrs |
| Interest, bank and finance charges |
InterestAndDebtExpense
|
$11.60K | USD | 1 Quarter |
| Net Loss |
NetIncomeLoss
|
$-583.51K | USD | 3 Qtrs |
| Net Loss |
NetIncomeLoss
|
$-70.27K | USD | 1 Quarter |
| Net Loss |
NetIncomeLoss
|
$-269.43K | USD | 3 Qtrs |
| Net Loss |
NetIncomeLoss
|
$-153.79K | USD | 1 Quarter |
| Basic And Diluted Loss Per Common Share |
EarningsPerShareBasicAndDiluted
|
- | USD | 1 Quarter |
| Basic And Diluted Loss Per Common Share |
EarningsPerShareBasicAndDiluted
|
$-0.01 | USD | 3 Qtrs |
| Basic And Diluted Loss Per Common Share |
EarningsPerShareBasicAndDiluted
|
- | USD | 1 Quarter |
| Basic And Diluted Loss Per Common Share |
EarningsPerShareBasicAndDiluted
|
$-0.01 | USD | 3 Qtrs |
| Weighted Average Number Of Common Shares Outstanding - Basic and Diluted |
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
49.13M | shares | 1 Quarter |
| Weighted Average Number Of Common Shares Outstanding - Basic and Diluted |
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
49.13M | shares | 1 Quarter |
| Weighted Average Number Of Common Shares Outstanding - Basic and Diluted |
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
49.13M | shares | 3 Qtrs |
| Weighted Average Number Of Common Shares Outstanding - Basic and Diluted |
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
49.13M | shares | 3 Qtrs |
Cash Flow Statement
40 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net loss for the period |
NetIncomeLoss
|
$-583.51K | USD | 3 Qtrs |
| Net loss for the period |
NetIncomeLoss
|
$-70.27K | USD | 1 Quarter |
| Net loss for the period |
NetIncomeLoss
|
$-269.43K | USD | 3 Qtrs |
| Net loss for the period |
NetIncomeLoss
|
$-153.79K | USD | 1 Quarter |
| Foreign exchange loss |
ForeignCurrencyTransactionGainLossRealized
|
$-2.10K | USD | 3 Qtrs |
| Foreign exchange loss |
ForeignCurrencyTransactionGainLossRealized
|
$-931.00 | USD | 3 Qtrs |
| Stock options issued for services |
IssuanceOfStockAndWarrantsForServicesOrClaims
|
$393.56K | USD | 3 Qtrs |
| Stock options issued for services |
IssuanceOfStockAndWarrantsForServicesOrClaims
|
$56.57K | USD | 3 Qtrs |
| Prepaid fees |
IncreaseDecreaseInPrepaidExpense
|
$663.00 | USD | 3 Qtrs |
| Prepaid fees |
IncreaseDecreaseInPrepaidExpense
|
- | USD | 3 Qtrs |
| Accounts payable and accrued liabilities |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$36.47K | USD | 3 Qtrs |
| Accounts payable and accrued liabilities |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$35.01K | USD | 3 Qtrs |
| Due to related parties |
IncreaseDecreaseInDueToRelatedParties
|
$75.00K | USD | 3 Qtrs |
| Due to related parties |
IncreaseDecreaseInDueToRelatedParties
|
$75.00K | USD | 3 Qtrs |
| Accrued interest payable |
IncreaseDecreaseInInterestPayableNet
|
$42.04K | USD | 3 Qtrs |
| Accrued interest payable |
IncreaseDecreaseInInterestPayableNet
|
$33.41K | USD | 3 Qtrs |
| Net cash used in operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-42.97K | USD | 3 Qtrs |
| Net cash used in operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-59.21K | USD | 3 Qtrs |
| Repayment of loans payable |
RepaymentsOfLongTermDebt
|
$15.00K | USD | 3 Qtrs |
| Repayment of loans payable |
RepaymentsOfLongTermDebt
|
$15.00K | USD | 3 Qtrs |
| Proceeds from loans payable - related party |
ProceedsFromCollectionOfLongtermLoansToRelatedParties
|
$55.00K | USD | 3 Qtrs |
| Proceeds from loans payable - related party |
ProceedsFromCollectionOfLongtermLoansToRelatedParties
|
$90.00K | USD | 3 Qtrs |
| Net cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$40.00K | USD | 3 Qtrs |
| Net cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$75.00K | USD | 3 Qtrs |
| Net Increase (Decrease) in Cash |
CashPeriodIncreaseDecrease
|
$-2.97K | USD | 3 Qtrs |
| Net Increase (Decrease) in Cash |
CashPeriodIncreaseDecrease
|
$15.79K | USD | 3 Qtrs |
| Cash, Beginning Of Period |
Cash
|
$5.13K | USD | Point-in-time |
| Cash, Beginning Of Period |
Cash
|
$818.00 | USD | Point-in-time |
| Cash, Beginning Of Period |
Cash
|
$16.61K | USD | Point-in-time |
| Cash, Beginning Of Period |
Cash
|
$2.17K | USD | Point-in-time |
| Cash, End Of Period |
Cash
|
$5.13K | USD | Point-in-time |
| Cash, End Of Period |
Cash
|
$818.00 | USD | Point-in-time |
| Cash, End Of Period |
Cash
|
$16.61K | USD | Point-in-time |
| Cash, End Of Period |
Cash
|
$2.17K | USD | Point-in-time |
| Cash paid during the period for Interest |
InterestPaidNet
|
- | USD | 3 Qtrs |
| Cash paid during the period for Interest |
InterestPaidNet
|
- | USD | 3 Qtrs |
| Cash paid during the period for Income taxes |
IncomeTaxesPaid
|
- | USD | 3 Qtrs |
| Cash paid during the period for Income taxes |
IncomeTaxesPaid
|
- | USD | 3 Qtrs |
| Expenses paid by related party on behalf of the Company |
ExpensesPaidByRelatedParty
|
$34.35K | USD | 3 Qtrs |
| Expenses paid by related party on behalf of the Company |
ExpensesPaidByRelatedParty
|
$53.99K | USD | 3 Qtrs |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.