Private company
Timberline Resources Corp
American Gold and Silver Ores company based in Coeur D'Alene. Summary from the record
Last updated Oct 19, 2026.
Overview
-$2.2MNet income, fiscal 20232
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2023
-15.1%Return on equity2
Financial statements
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|
| Cash | $67.2K6 | $110.7K7 | $30.8K8 | $2.5M8 | $3.3M8 | $2.4M2 | $98.2K2 | |
| Current assets | $517.5K4 | $90.5K5 | $155.5K6 | $170.4K7 | $2.5M8 | $3.4M9 | $2.5M2 | $106.4K2 |
| Property, plant and equipment | $14.0M2 | $14.2M2 | ||||||
| Total assets | $16.7M4 | $17.5M5 | $15.4M6 | $15.5M7 | $16.9M8 | $17.7M9 | $17.0M2 | $14.8M2 |
| Accounts payable | $640.0K2 | $83.9K2 | ||||||
| Current liabilities | $374.4K4 | $455.3K5 | $184.6K6 | $376.8K7 | $379.5K8 | $180.9K9 | $1.0M2 | $214.1K2 |
| Long-term liabilities | $124.2K2 | $144.0K2 | ||||||
| Total liabilities | $740.4K6 | $1.1M7 | $792.1K8 | $570.1K9 | $1.2M2 | $358.1K2 | ||
| Retained earnings | -$74.3M2 | -$76.5M2 | ||||||
| Shareholders’ equity | $16.2M4 | $16.9M5 | $14.7M6 | $14.4M7 | $16.1M9 | $17.1M2 | $15.8M2 | $14.4M2 |
| Shares outstanding | 24.1M shares12 | 35.4M shares4 | 61.0M shares5 | 67.4M shares7 | 112.1M shares8 | 139.7M shares8 | 190.0M shares2 | 174.2M shares2 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Leadership
Who has led Timberline Resources Corp, and when. Pick a name to see everywhere that person has worked.
Chief executive
President
Chief financial officer
2010201520202025
- Chief executive officerR. Patrick Highsmith Oct 22, 2020 to May 12, 202113
- Chief executive officerSteven A. Osterberg Jun 24, 2016 to Feb 6, 201814
- Chief executive officerKiran Patankar Jan 21, 2015 to Oct 8, 201515
- Chief executive officerPaul Dircksen Apr 4, 2011 to Jan 22, 201516
- Chief executive officerRandal Levon Hardy Aug 31, 2007 to Aug 10, 201017
- Chief executive officerJohn Swallow Mar 13, 2006 to Aug 23, 200718
- ChairJohn Swallow Aug 23, 2007 to Oct 9, 200919
- PresidentR. Patrick Highsmith Oct 13, 2020 to May 12, 202120
- PresidentKiran Patankar Jan 21, 2015 to Oct 8, 201515
- PresidentSteven A. Osterberg Feb 3, 2012 to Aug 31, 202021
- PresidentPaul Dircksen Apr 4, 2011 to Jan 22, 201516
- PresidentJohn Swallow Dec 29, 2006 to Dec 29, 200622
- Chief financial officerTed Riley Sharp Jan 22, 2020 to May 12, 202123
- Chief financial officerRandal Levon Hardy Aug 31, 2007 to Feb 6, 201817
Board members and other officers (27)
- VP Corporate DevelopmentDonald James McDowell Sep 5, 2018 to Apr 21, 202324
- Vice President, ExplorationSteven A. Osterberg Apr 12, 2012 to Mar 30, 202225
- Chief Accounting OfficerCraig Crowell Sep 9, 2008 to Apr 12, 201226
- Vice President-Mineral Explor.Paul Dircksen Jul 27, 2006 to Oct 8, 201527
- Board memberPamela L. Saxton May 10, 2021 to May 12, 202128
- Board memberWilliam Fuller Matlack Jan 10, 2020 to Aug 8, 202229
- Board memberQuinton Todd Hennigh Sep 23, 2020 to May 12, 202130
- Board memberR. Patrick Highsmith Oct 13, 2020 to May 12, 202120
- Board memberDonald James McDowell Jun 29, 2018 to Apr 21, 202331
- Board memberDavid C. Mathewson Jul 17, 2018 to Jan 23, 202032
- Board memberSteven East Gilbertson Jul 23, 2018 to Jul 23, 201833
- Board memberSteven A. Osterberg Jun 24, 2016 to Mar 3, 202114
- Board memberPaul H. Zink Jul 12, 2016 to Feb 6, 201834
- Board memberGuilio Bonifacio Jul 19, 2016 to May 12, 201735
- Board memberKiran Patankar Oct 8, 2015 to Oct 8, 201536
- Board memberWilliam M. Sheriff Sep 23, 2014 to Jan 22, 201537
- Board memberLeigh Freeman Jan 23, 2013 to May 12, 202138
- Board memberTroy Fierro Nov 18, 2011 to Apr 12, 201239
- Board memberDavid Charles Poynton Sep 2, 2010 to Mar 23, 201140
- Board memberJames Herbert Moore Jan 14, 2008 to Apr 12, 201241
- Board memberRonald W. Guill Oct 21, 2008 to Apr 12, 201242
- Board memberEric Gregory Klepfer Nov 4, 2008 to Mar 23, 201143
- Board memberVance Thornsberry Feb 28, 2007 to Oct 25, 201244
- Board memberRandal Levon Hardy Aug 31, 2007 to Apr 12, 201217
- Board memberJohn Swallow Mar 13, 2006 to Dec 29, 200618
- Board memberStephen Goss May 11, 2006 to Mar 23, 200745
- Board memberPaul Dircksen Jul 27, 2006 to Jan 23, 202027
Named in SEC Form D filings
People the company listed in its private-offering notices.
- Executive Officer, DirectorRobert Patrick Highsmith named May 10, 202246
Timeline
- Oct 22, 2020New chief executive R. Patrick Highsmith becomes CEO13
- Jun 24, 2016New chief executive Steven A. Osterberg becomes CEO14
- Jan 21, 2015New chief executive Kiran Patankar becomes CEO15
- Apr 4, 2011New chief executive Paul Dircksen becomes CEO16
- Aug 31, 2007New chief executive Randal Levon Hardy becomes CEO17
- Mar 13, 2006New chief executive John Swallow becomes CEO18
Filings
74 filings to the SEC since October 2021: 5 annual reports, 9 quarterly reports, 28 major events, 16 insider forms, 5 large holders, 1 private raises, 10 other. The latest 20:
- Sep 20, 202415-12G EDGAR
- Sep 20, 2024SC 13D/A AMENDMENT NO. 4 TO SCHEDULE 13D EDGAR
- Sep 13, 2024SC 13D/A AMENDMENT 3 TO SCHEDULE 13D EDGAR
- Sep 13, 20244 EDGAR
- Aug 19, 20248-K EDGAR
- Aug 9, 202410-Q EDGAR
- Jul 25, 20248-K EDGAR
- Jul 15, 2024DEFM14A EDGAR
- May 15, 202410-Q EDGAR
- Apr 16, 20248-K EDGAR
- Mar 15, 20244 EDGAR
- Mar 15, 20244 EDGAR
- Mar 15, 20244 EDGAR
- Mar 15, 20244 EDGAR
- Mar 15, 2024SC 13D/A AMENDMENT NO. 2 TO SCHEDULE 13D EDGAR
- Feb 13, 202410-Q EDGAR
- Jan 17, 202410-K/A EDGAR
- Jan 2, 202410-K EDGAR
- Jan 2, 2024NT 10-K EDGAR
- Dec 28, 20238-K EDGAR
The 74 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
20 open-market trades by officers, directors and large owners since October 2021: 7 buys and 13 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Dec 28, 2023 | Crescat Portfolio Management LLC10% owner | Buy | 2,500,000 | $0.04 | $100.0K | Form 4 |
| Oct 3, 2023 | Crescat Portfolio Management LLC10% owner | Buy | 34,743 | Form 4 | ||
| Sep 29, 2023 | Crescat Portfolio Management LLC10% owner | Buy | 109,600 | Form 4 | ||
| Sep 23, 2023 | Crescat Portfolio Management LLC10% owner | Buy | 47,600 | Form 4 | ||
| Aug 31, 2023 | Crescat Portfolio Management LLC10% owner | Buy | 4,000,000 | $0.05 | $200.0K | Form 4 |
| Apr 19, 2023 | McDowell Donald JamesVP Corporate Development | Sale | 213,000 | $0.09 | $19.2K | Form 4 |
| Apr 17, 2023 | McDowell Donald JamesVP Corporate Development | Sale | 300,000 | $0.09 | $27.0K | Form 4 |
| Mar 31, 2023 | McDowell Donald JamesVP Corporate Development | Sale | 225,500 | $0.09 | $20.3K | Form 4 |
| Mar 30, 2023 | McDowell Donald JamesVP Corporate Development | Sale | 146,500 | $0.09 | $13.2K | Form 4 |
| Mar 29, 2023 | McDowell Donald JamesVP Corporate Development | Sale | 103,000 | $0.09 | $9.3K | Form 4 |
| Aug 8, 2022 | Matlack William FullerDirector | Sale | 65,500 | $0.19 | $12.4K | Form 4 |
| Aug 2, 2022 | Matlack William FullerDirector | Sale | 51,000 | $0.19 | $9.7K | Form 4 |
| Jul 20, 2022 | Matlack William FullerDirector | Sale | 62,000 | $0.16 | $9.9K | Form 4 |
| May 20, 2022 | McDowell Donald JamesVP Corporate Development | Sale | 80,418 | $0.18 | $14.5K | Form 4 |
| Apr 22, 2022 | Crescat Portfolio Management LLC10% owner | Buy | 2,000,000 | $0.25 | $500.0K | Form 4 |
| Mar 29, 2022 | Osterberg Steven A.Vice President, Exploration | Buy | 71,425 | $0.14 | $10.0K | Form 4 |
| Nov 8, 2021 | McDowell Donald JamesVP Corporate Development | Sale | 44,000 | $0.14 | $6.2K | Form 4 |
| Nov 3, 2021 | McDowell Donald JamesVP Corporate Development | Sale | 10,000 | $0.15 | $1.5K | Form 4 |
| Nov 2, 2021 | McDowell Donald JamesVP Corporate Development | Sale | 7,182 | $0.15 | $1.1K | Form 4 |
| Nov 1, 2021 | McDowell Donald JamesVP Corporate Development | Sale | 10,000 | $0.15 | $1.5K | Form 4 |
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- Crescat Portfolio Management LLCSC 13D/A, 3 filings Mar 15, 2024 to Sep 20, 202447
- Jupiter Investment Management LtdSC 13G/A, 2 filings Nov 22, 2022 to Aug 31, 202348
Money raised
Private offerings the company reported to the SEC on Form D.
- May 2, 2022Raised $4.7 million in a private offering of equity Form D: 4 investors so far Form D
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 19SEC EDGARJohn Swallow, Chair
- 20SEC EDGARR. Patrick Highsmith, President
- 21SEC EDGARSteven A. Osterberg, President
- 22SEC EDGARJohn Swallow, President
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- 28SEC EDGARPamela L. Saxton, Board member
- 29SEC EDGARWilliam Fuller Matlack, Board member
- 30SEC EDGARQuinton Todd Hennigh, Board member
- 31SEC EDGARDonald James McDowell, Board member
- 32SEC EDGARDavid C. Mathewson, Board member
- 33SEC EDGARSteven East Gilbertson, Board member
- 34SEC EDGARPaul H. Zink, Board member
- 35SEC EDGARGuilio Bonifacio, Board member
- 36SEC EDGARKiran Patankar, Board member
- 37SEC EDGARWilliam M. Sheriff, Board member
- 38SEC EDGARLeigh Freeman, Board member
- 39SEC EDGARTroy Fierro, Board member
- 40SEC EDGARDavid Charles Poynton, Board member
- 41SEC EDGARJames Herbert Moore, Board member
- 42SEC EDGARRonald W. Guill, Board member
- 43SEC EDGAREric Gregory Klepfer, Board member
- 44SEC EDGARVance Thornsberry, Board member
- 45SEC EDGARStephen Goss, Board member
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