Past year: ▲ 843%(53.0c – 5.60 USD)
Each one in plain English, with the numbers worked through for a shareholder.
14 Mar 2014asset acquisition disposition● Neutral
An amendment to the March 7 report on the same Deadbroke 565.24-acre purchase, the Feb 24 Mineral Survey 1706 acquisition and the $315,000 share sale. The only change is that a redacted copy of the purchase agreement is now filed, with a request for confidential treatment of the redacted parts, rather than none at all.
7 Mar 2014asset acquisition disposition▲ GoodMajor
The company bought about 565.24 mineral acres in the Northern Black Hills from Deadbroke Mining Company on March 3, 2014, lifting its Homestake District holdings by nearly 23% to over 3,057 acres, and including the historic Gustin, Minerva and Deadbroke gold mines next to its Paleoplacer property. It also bought 26.16 acres (Mineral Survey 1706) on Feb 24, 2014 from Gregory and Cody Percevich under a lease and option to purchase, and closed a $315,000 private placement of 3,150,000 restricted shares at $0.10 to two investors, which funds the purchases and adds new shares. The filing says the property has no known proven or probable reserves, continuing the gold expansion begun in 2012-13.
19 Nov 2013quarterly activities report▼ Bad
DAKOTA TERRITORY RESOURCE CORP reported a quarterly net loss of $135 thousand for the period ended 2013-09-30.
15 Nov 2013late filing notice▼ Bad
DAKOTA TERRITORY RESOURCE CORP notified the SEC that its quarterly report would be filed late.
12 Aug 2013quarterly activities report▼ Bad
DAKOTA TERRITORY RESOURCE CORP reported a quarterly net loss of $277 thousand for the period ended 2013-06-30.
29 July 2013director interest notice● Neutral
Tony Kamin became a DAKOTA TERRITORY RESOURCE CORP director and company insider (initial ownership filing).
5 July 2013director interest notice● Neutral
Chris Mathers became a DAKOTA TERRITORY RESOURCE CORP CFO and company insider (initial ownership filing).
5 Apr 2013auditor change● Neutral
An amendment to the April 2 filing, attaching the letter PLS CPA sent in response about the March 28, 2013 auditor change to LBB & Associates. The amendment text does not describe what the letter says, and gives no new facts on the company's business or finances.
2 Apr 2013auditor change● Neutral
Effective March 28, 2013 the board dismissed its auditor PLS CPA and hired LBB & Associates, Ltd., LLP of Houston as the new auditor. The filing says there were no disagreements with PLS, and that PLS's reports for the last two years carried a going-concern warning (limited operations and no established source of revenue), continuing that thread. PLS's reply letter had not yet been received.
28 Jan 2013capital raising announcement● NeutralMajor
On January 28, 2013 the company sold 2,500,000 restricted shares at $0.10 each to a group of private investors, raising $250,000 with no fees or commissions and no warrants. The press release says fourteen accredited investors took part, including four former senior Homestake Mining executives, and that the money is for working capital including work on the Blind Gold Property and planned summer 2013 exploration. This is the first funding raised since the move to gold, and the new shares dilute existing holders.
7 Jan 2013asset acquisition disposition▲ GoodMajor
On December 31, 2012 the company bought 57 unpatented lode mining claims (about 853 acres) near its Blind Gold Property in the Black Hills of South Dakota from Black Hills Gold Exploration Corp, LLC, paying one million restricted shares valued at $150,000 ($0.15 each). The filing says there is no material relationship with the seller. The company says its Black Hills land package rises to nearly 2,466 acres, extending the gold focus adopted after the North Homestake deal; the filing notes no proven or probable reserves.
20 Nov 2012director interest notice● Neutral
Gerry B Berg became a DAKOTA TERRITORY RESOURCE CORP director and company insider (initial ownership filing).
19 Nov 2012quarterly activities report▼ Bad
DAKOTA TERRITORY RESOURCE CORP reported a quarterly net loss of $48 thousand for the period ended 2012-09-30.
14 Nov 2012late filing notice▼ Bad
DAKOTA TERRITORY RESOURCE CORP notified the SEC that its quarterly report would be filed late.
17 Oct 2012asset acquisition disposition▼ BadMajor
On October 12, 2012 the board voted unanimously to put no further capital into its Nevada and Peru geothermal properties, and the company will write off the Nevada assets as at September 30, 2012 and the Peru assets as holding costs fall due. This ends the geothermal strategy built through the 2010 lease and Andean Geothermic acquisitions, as the company now focuses on gold exploration in the Black Hills. The filing states the $25,000 cash payment for Andean Geothermic had not been paid, and that the company had earlier acquired a further Nevada lease (May 2011) and three more Peruvian concessions (December 2011).
10 Oct 2012director interest notice● Neutral
Richard Lynn Bachman became a DAKOTA TERRITORY RESOURCE CORP President/CEO/CFO and company insider (initial ownership filing).
5 Oct 2012director interest notice● Neutral
Gerald Michael Aberle became a DAKOTA TERRITORY RESOURCE CORP Vice President/COO and company insider (initial ownership filing).
3 Oct 2012asset acquisition disposition● NeutralMajor
On September 28, 2012 the company, now renamed Dakota Territory Resource Corp, completed its acquisition of North Homestake Mining Company, which holds the Blind Gold gold exploration property in South Dakota. It issued 30 million post-split shares (after a 1-for-10 reverse split effective September 26, 2012) to Richard Bachman and Gerald Aberle, the only North Homestake shareholders and company officers and directors, giving them 89.08% of the shares. This is a change of control and a shift away from the geothermal business; existing holders were heavily diluted. The filing says the company had not been able to fund exploration of its four Nevada and seven Peru geothermal project areas for lack of funding.
20 Aug 2012quarterly activities report● Neutral
DAKOTA TERRITORY RESOURCE CORP reported quarterly revenue of $0 and net income of $0 for the period ended 2012-06-30.
14 Aug 2012quarterly activities report● Neutral
DAKOTA TERRITORY RESOURCE CORP reported quarterly revenue of $0 and net income of $0 for the period ended 2012-06-30.
14 Feb 2012late filing notice▼ Bad
DAKOTA TERRITORY RESOURCE CORP notified the SEC that its quarterly report would be filed late.
9 Dec 2011director interest notice● Neutral
DAKOTA TERRITORY RESOURCE CORP 10%+ owner Genoa Energy Resources INC. bought 2,600,000 shares on the open market at $0.01.
14 Nov 2011late filing notice▼ Bad
DAKOTA TERRITORY RESOURCE CORP notified the SEC that its quarterly report would be filed late.
16 Aug 2011late filing notice▼ Bad
DAKOTA TERRITORY RESOURCE CORP notified the SEC that its quarterly report would be filed late.
16 Aug 2011quarterly activities report▼ Bad
DAKOTA TERRITORY RESOURCE CORP reported quarterly revenue of $0 and a net loss of $369 thousand for the period ended 2011-06-30.
11 July 2011quarterly activities report▼ Bad
DAKOTA TERRITORY RESOURCE CORP reported quarterly revenue of $0 and a net loss of $369 thousand for the period ended 2011-06-30.
8 July 2011auditor change● Neutral
Second amendment to the June 2011 auditor change: Mustang Geothermal dismissed Jewett Schwartz & Wolfe & Associates effective June 10, 2011 and retained PLS, CPA, A Professional Corporation of San Diego. It again reports no disagreements with the former auditor and repeats its going-concern doubt (limited operations, no established source of revenue); it adds that the former auditor's letter to the SEC is attached as an exhibit. This continues the auditor-change thread and confirms PLS as the successor.
30 June 2011director interest notice● Neutral
Brian Leslie Cole became a DAKOTA TERRITORY RESOURCE CORP director and company insider (initial ownership filing).
30 June 2011late filing notice▼ Bad
DAKOTA TERRITORY RESOURCE CORP notified the SEC that its annual report would be filed late.
27 June 2011auditor change● Neutral
This amendment changes the auditor details from the June 9 filing: the dismissal of Jewett Schwartz & Wolfe & Associates is now dated June 10, 2011, and the new auditor is PLS, CPA, A Professional Corporation of San Diego instead of Chang G. Park. The filing does not explain the change. It again reports no disagreements and repeats the prior going-concern doubt.
