Past year: ▲ 117%(6.00c – 16.0c CAD)
Each one in plain English, with the numbers worked through for a shareholder.
3 Oct 2011drilling result▲ Good
Timberline reported another solid intercept at Lookout Mountain (62.5 metres of 1.48 g/t gold) and said it was expanding drilling at the nearby South Eureka project - continued positive exploration news on the Staccato-acquired Nevada ground.
9 Aug 2011quarterly activities report● Neutral
Timberline Resources Corp reported quarterly revenue of $0 and net income of $528 thousand for the period ended 2011-06-30.
5 Aug 2011quarterly activities report● Neutral
Timberline Resources Corp reported quarterly revenue of $0 and net income of $528 thousand for the period ended 2011-06-30.
9 May 2011quarterly activities report● Neutral
Timberline Resources Corp reported quarterly revenue of $0 for the period ended 2011-03-31.
6 May 2011quarterly activities report● Neutral
Timberline Resources Corp reported quarterly revenue of $0 for the period ended 2011-03-31.
6 Apr 2011drilling result▲ Good
Timberline reported a strong drill hit at Butte Highlands - 33.6 feet of 1.65 oz/ton gold, including a 5-foot interval at 10.45 oz/ton - some of the highest grades yet reported from the project.
28 Feb 2011material agreement● Neutral
Timberline hired Sutter Securities as placement agent for a proposed registered stock offering, agreeing to pay a 7% cash fee on proceeds raised - setting up its next capital raise after the 2010 Staccato Gold acquisition.
28 Feb 2011securities registration● Neutral
Timberline Resources Corp filed the final prospectus for a registered offering.
15 Feb 2011quarterly activities report▼ Bad
Timberline Resources Corp reported quarterly revenue of $0 and a net loss of $2.0 million for the period ended 2010-12-31.
11 Feb 2011quarterly activities report▼ Bad
Timberline Resources Corp reported quarterly revenue of $0 and a net loss of $2.0 million for the period ended 2010-12-31.
22 Dec 2010drilling result▲ Good
Timberline reported a stronger drill intercept at Lookout Mountain - 17.7 metres grading 12.1 g/t gold, a high-grade hit - continuing to build the case for the Nevada project gained through Staccato.
15 Nov 2010drilling result▲ Good
Timberline reported a drill intercept of 100.6 metres grading 1.06 g/t gold at its newly acquired Lookout Mountain project in Nevada - early positive drilling news validating the Staccato Gold acquisition.
11 Aug 2010quarterly activities report▼ Bad
Timberline Resources Corp reported quarterly revenue of $5.8 million and a net loss of $815 thousand for the period ended 2010-06-30.
10 Aug 2010quarterly activities report▼ Bad
Timberline Resources Corp reported quarterly revenue of $5.8 million and a net loss of $815 thousand for the period ended 2010-06-30.
23 June 2010debt financing● Neutral
Timberline extended the maturity of its $5 million convertible note held by director Ron Guill's Small Mine Development to April 2012 and switched to monthly cash interest payments - the insider debt from the 2008 SMD financing was still outstanding and needed continued accommodation.
8 June 2010asset acquisition disposition▲ GoodMajor
Timberline completed an all-stock acquisition of Staccato Gold Resources, a Canadian gold explorer, via a British Columbia court-approved plan of arrangement - one Timberline share for every seven Staccato shares - by far its largest corporate transaction yet, bringing in what would become the Lookout Mountain gold project in Nevada.
2 June 2010securities registration● Neutral
Timberline Resources Corp filed the final prospectus for a registered offering.
3 May 2010business combination● NeutralMajor
Timberline filed the final proxy for the May 28, 2010 special meeting to vote on buying Staccato Gold Resources, which settles the open question of the meeting date. The deal would issue about 14,517,542 new shares (valued at about $14.95M using a $1.03 share price for fee purposes), so existing holders would be heavily diluted. Holders of about 16% of shares have agreed to vote in favour, the board unanimously recommends approval, and the meeting also covers a larger equity incentive plan and its renewal. The vote outcome is not yet known.
20 Apr 2010business combination● NeutralMajor
Timberline filed a preliminary proxy for a special meeting to approve acquiring Staccato Gold Resources under an arrangement agreement dated March 22, 2010, issuing about 14,517,542 new Timberline shares as partial payment, which would be a large dilution of existing holders. Holders of about 16% of the shares have agreed to vote in favour, and the board unanimously recommends approval. Shareholders are also asked to approve a larger equity incentive plan and renew it; the meeting date is still blank.
24 Feb 2010securities registration● Neutral
Timberline Resources Corp filed the final prospectus for a registered offering.
16 Feb 2010securities registration● Neutral
Timberline Resources Corp amended a filing by which it registered a securities offering with the SEC using its shelf eligibility.
2 Feb 2010securities registration● Neutral
Timberline Resources Corp filed the final prospectus for a registered offering.
24 Dec 2009securities registration● Neutral
Timberline Resources Corp amended an already-effective registration statement.
9 Dec 2009securities registration● Neutral
Timberline Resources Corp amended a filing by which it registered a securities offering with the SEC using its shelf eligibility.
7 Dec 2009securities registration● Neutral
Timberline Resources Corp filed notice of an exempt private placement.
25 Nov 2009capital raising announcement● Neutral
Timberline closed another private placement, raising just over $3 million from 3 million stock-and-warrant units at $1.00/unit, for exploration and working capital - continued small dilutive financing after the SMD deal collapse and Alternext listing warning.
13 Nov 2009securities registration● Neutral
Timberline Resources Corp amended a filing by which it registered a securities offering with the SEC using its shelf eligibility.
22 Oct 2009securities registration● Neutral
Timberline Resources Corp registered a securities offering with the SEC using its shelf eligibility.
9 Oct 2009material agreement▼ BadMajor
Timberline recovered short-swing trading profits from John Swallow, its founding chairman, under Section 16(b) of the Exchange Act after reviewing his stock transactions while a director and executive - a real insider-trading compliance violation, resolved by Swallow repaying the full recoverable amount.
24 Sept 2009security holder rights change▼ Bad
Timberline slashed the exercise price of about 1.3 million expiring warrants from $3.50 to $0.50 and extended their expiration to induce holders to exercise - a sign the stock had fallen far enough that the original warrants were worthless, and the company needed the cash from exercises.
