February 15, 2012 in Idaho

Timberline Resources

Junior mining company
 
Stock symbol: TLR
Reporting period: 1Q, 3 months ending Dec. 31, 2011
Earnings: Loss of $1.7 million

(1 cent per share)

 

Versus 1Q 2011: Loss of $1.85 million

(4 cents per share)

Revenue: none
ANALYSIS: The company sold its contract drilling business in November and used part of the money to become debt-free. Figures reflect expenses from ongoing operations for the quarter.
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