CONTINGENCY	9 Months Ended
CONTINGENCY	Sep. 30, 2011
Loss Contingency [Abstract]
Contingencies Disclosure [Text Block]	NOTE 4: CONTINGENCY During the year ended December 31, 2010, the Company was advised by its attorneys that a third party claimed a balance of $87,372 for uncompleted work expenditure requirements owing to them under a previous agreement. The Company believes this claim is without foundation or merit and is disputing the amount. The Company has not recorded a liability in relation to the foregoing matter as the amount and likelihood of loss, if any, cannot be determined or reliably measured at this time.

The entire disclosure for loss and gain contingencies. Describes any existing condition, situation, or set of circumstances involving uncertainty as of the balance sheet date (or prior to issuance of the financial statements) as to a probable or reasonably possible loss incurred by an entity that will ultimately be resolved when one or more future events occur or fail to occur, and typically discloses the amount of loss recorded or a range of possible loss, or an assertion that no reasonable estimate can be made.

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+ Details

Piedmont Mining Company, Inc. 10-Q