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. |