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EXCEL - IDEA: XBRL DOCUMENT - Bullion Monarch Mining, Inc. (NEW)Financial_Report.xls
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EX-32 - 906 CERTIFICATION - Bullion Monarch Mining, Inc. (NEW)ex32.htm
EX-31 - 302 CERTIFICATION OF PHILIP MANNING - Bullion Monarch Mining, Inc. (NEW)ex312.htm
EX-31 - 302 CERTIFICATION OF R. DON MORRIS - Bullion Monarch Mining, Inc. (NEW)ex311.htm
10-Q - QUARTERLY REPORT ON FORM 10Q FOR THE QUARTER ENDED JULY 31, 2011 - Bullion Monarch Mining, Inc. (NEW)f10q1stqtr2012091311v12.htm
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BULLION MONARCH MINING, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS For the Three Months Ended July 31, 2011 and 2010 (Unaudited) (USD $)
3 Months Ended
Jul. 31, 2011
Jul. 31, 2010
Cash Flows from Operating Activities:    
Net income $ (329,112) $ 199,394
Loss from joint venture 0 406,765
Loss on sale of assets 23,662 0
Depreciation 24,936 14,708
Amortization 7,813 7,813
Deferred income taxes 13,521 (11,949)
(Increase) decrease in royalties receivable 14,907 (88,732)
(Increase) decrease in income tax receivable 0 (96,154)
(Increase) decrease in prepaid expenses 25,313 4,605
(increase) decrease in inventories 2,100 2,700
(Increase) decrease in deposits 0 (2,080)
(Increase) decrease in employee advances 2,815 2,921
(Increase) decrease in interest accrued on notes (1,062) (1,020)
Increase (decrease) in income taxes payable (74,414) 91,722
Increase (decrease) in accounts payable and other liabilities 26,589 (35,955)
Net cash from operating activities (262,932) 494,738
Cash Flows from Investing Activities:    
Purchase of property, plant, and equipment (16,277) (12,101)
Proceeds from sale of assets 119,499 0
Purchase of interest in mineral rights 0 (58,000)
Funding of exploration of joint venture 0 (406,765)
Net cash used in investing activities 103,222 (476,866)
Cash Flows From Financing Activity:    
Purchase of treasury stock 0 (35,873)
Net cash used in financing activities 0 (35,873)
Effect of Rate Changes on Cash and Cash Equivalents 2,017 0
Net Increase (Decrease) in Cash (157,693) (18,001)
Cash at Beginning of Period 570,551 459,505
Cash at End of Period 412,858 441,504
Supplemental Disclosures of Cash Flow Information:    
Cash paid during the period for interest 0 0
Cash paid during the period for taxes $ 196,000 $ 1,000