Till Capital (TIL-CV) 10-Q 14 Aug 17 2017 Q2 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	6 Months Ended
	Jun. 30, 2017	Aug. 11, 2017
Document Information [Line Items]
Entity Registrant Name	Till Capital Ltd.
Entity Central Index Key	1,625,584
Trading Symbol	til
Current Fiscal Year End Date	--12-31
Entity Filer Category	Smaller Reporting Company
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Well-known Seasoned Issuer	No
Entity Common Stock, Shares Outstanding (in shares)		3,350,284
Document Type	10-Q
Document Period End Date	Jun. 30, 2017
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q2
Amendment Flag	false

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)	Jun. 30, 2017	Dec. 31, 2016
Assets
Cash and cash equivalents	$ 5,600,203	$ 5,320,208
Investments (Note 5)	18,412,805	15,520,774
Investment, equity method (Note 5)	1,198,208	1,248,491
Unpaid losses and loss adjustment expenses ceded (Note 6)	7,884,515	7,058,004
Unearned premiums ceded (Note 7)	12,264,323	1,614,803
Premiums receivable and reinsurance recoverables	13,319,154	2,391,427
Deferred policy acquisition costs (Note 8)	1,796,052	498,889
Assets held for sale (Note 3)	4,542,646	4,543,239
Promissory note receivable (Note 4)		2,410,494
Property, plant, and equipment ("PP&E") (Note 9)	47,080	52,676
Royalty and mineral interests	493,705	1,003,373
Deferred income tax asset	695,076	583,153
Goodwill	3,084,184	2,980,819
Other assets	826,053	792,752
Total Assets	70,164,004	46,019,102
Liabilities
Reserve for unpaid losses and loss adjustment expenses (Note 6)	14,125,263	13,212,366
Unearned premiums (Note 7)	14,497,030	2,283,118
Reinsurance payables	12,545,864	3,193,409
Accounts payable and accrued liabilities	1,449,003	1,143,825
Other liabilities	1,962,834	397,103
Total liabilities	44,579,994	20,229,821
Contingencies (Note 15)
Shareholders' equity
Common stock	3,350	3,350
Additional paid in capital	31,549,071	31,532,168
Treasury stock	(248,951)	(248,951)
Accumulated other comprehensive loss	(1,903,203)	(1,685,517)
Deficit (excluding $105,305,060 reclassified to additional paid in capital in the December 31, 2014 quasi-reorganization)	(3,926,450)	(5,566,729)
Equity attributable to shareholders of Till Capital Ltd.	25,473,817	24,034,321
Non-controlling interests in Silver Predator Corp.	110,193	1,754,960
Total shareholders’ equity	25,584,010	25,789,281
Total liabilities and shareholders' equity	$ 70,164,004	$ 46,019,102

Condensed Consolidated Balance3

Condensed Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - USD ($)	Jun. 30, 2017	Dec. 31, 2016
Amount reclassified to additional paid in capital	$ 105,305,060	$ 105,305,060

Condensed Consolidated Statemen

Condensed Consolidated Statements of Income (Loss) and Comprehensive Income (Loss) (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Revenue
Insurance premiums written	$ 15,227,032	$ 9,352,770	$ 35,060,344	$ 19,294,908
Insurance premiums ceded to reinsurers	(14,455,148)	(9,182,235)	(32,889,624)	(18,799,337)
Change in unearned premiums	(475,157)	44,028	(1,580,593)	(133,364)
Net premiums earned	296,727	214,563	590,127	362,207
Investment income (loss), net (Note 5)	(342,410)	1,203,104	622,941	1,248,392
Gain on sale of mineral interests and PP&E	1,070,835		1,075,335	43,000
Other revenue	114,135	124,356	274,305	294,129
Total revenue	1,139,287	1,542,023	2,562,708	1,947,728
Expenses
Losses and loss adjustment expenses, net (Note 6)	264,955	177,466	582,986	388,804
General and administrative expenses	616,078	530,408	1,197,242	996,066
Salaries and benefits	296,447	289,163	592,292	845,026
Stock-based compensation	3,776	16,781	23,527	25,107
Mining related expenses and property impairment	17,601	13,104	28,633	24,521
Foreign exchange (gain) loss	26,380	3,325	22,020	(231,685)
Interest and other (income) expense	1,633	(31,788)	4,199	(26,239)
Total expenses	1,226,870	998,459	2,450,899	2,021,600
Income (loss) before income taxes and loss on equity method investment	(87,583)	543,564	111,809	(73,872)
Current income tax expense (Note 10)	(23,879)	(121,193)	(34,825)	(176,954)
Deferred income tax benefit (Note 10)	65,474	36,683	111,923	119,419
Share of accumulated equity method losses	(34,597)	(3,847)	(50,283)	(12,428)
Net income (loss)	(80,585)	455,207	138,624	(143,835)
Net income (loss) attributable to:
Shareholders of Till Capital Ltd.	(67,221)	479,250	142,882	(162,706)
Non-controlling interests	(13,364)	(24,043)	(4,258)	18,871
Net income (loss)	(80,585)	455,207	138,624	(143,835)
Other comprehensive income (loss):
Change in cumulative foreign exchange translation adjustment	361,548	(348,711)	562,647	536,943
Change in net unrealized gains on available for sale investments	(228,038)	1,142,893	221,163	1,755,246
Reclassification adjustment for net realized gain on available for sale investments		(936,984)	(1,001,496)	(1,173,399)
Other comprehensive income (loss)	133,510	(142,802)	(217,686)	1,118,790
Net comprehensive income (loss)	$ 52,925	$ 312,405	$ (79,062)	$ 974,955
Basic and diluted net income (loss) per share of Till Capital Ltd. (in dollars per share)	$ (0.02)	$ 0.14	$ 0.04	$ (0.05)
Weighted average number of shares outstanding (in shares)	3,350,284	3,426,577	3,350,284	3,427,931

Condensed Consolidated Stateme5

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Cash flows from operating activities
Net income (loss)	$ 138,624	$ (143,835)
Adjustments to reconcile net income (loss) to net cash used in operating activities:
Deferred income taxes (Note 10)	(111,923)	(119,419)
Depreciation and amortization expense	170,905	104,368
Stock-based compensation	23,527	9,814
Gain on sale of property, plant, and equipment	(1,075,335)	(43,000)
Gain on investments	(622,941)	(1,248,392)
Loss on equity method investment	50,283	12,428
Other non-cash items, net		57,535
Changes in operating assets and liabilities:
(Increase) decrease in premiums receivable and reinsurance recoverables	(10,927,727)	278,559
Increase (decrease) in unpaid losses, LAE, and amounts ceded	86,386	(98,043)
Increase in reinsurance payables	9,352,455	215,833
Increase in deferred policy acquisition costs	(1,297,163)	(128,028)
Increase in unearned premiums	1,564,392	23,408
Increase (decrease) in accounts payable and other liabilities	1,666,991	(411,936)
Other working capital changes	(71,202)	(27,741)
Net cash used in operating activities	(1,052,728)	(1,518,449)
Cash flows from investing activities
Proceeds from sales of available for sale investments (Note 5)	1,335,452	5,541,901
Purchases of held for trading investments, net	(4,211,169)	(2,462,767)
Proceeds from property option payments	215,000
Proceeds from sale of mineral properties	1,156,090	120,000
Sales of property, plant, and equipment, net	19,500	43,000
Development costs capitalization	(92,730)	(135,109)
Net cash (used in) provided by investing activities	(1,577,857)	3,107,025
Cash flows from financing activities
Proceeds from note receivable (Note 4)	2,565,253	546,546
Other items, net		(55,359)
Net cash provided by financing activities	2,565,253	491,187
(Decrease) Increase in cash and cash equivalents	(65,332)	2,079,763
Effect of foreign exchange rate changes on cash and cash equivalents	345,327	342,495
Cash and cash equivalents, beginning of period	5,320,208	1,519,881
Cash and cash equivalents, end of period	5,600,203	3,942,139
Supplemental cash flow information:
Interest paid
Income taxes paid (refunded), net	$ (4,401)	$ 28,546

Note 1 - Basis of Presentation

Note 1 - Basis of Presentation	6 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Basis of Accounting [Text Block]	1. BASIS OF PRESENTATION Basis of presentation and measurement The interim condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America ("GAAP"). In the opinion of management, the accompanying interim condensed consolidated financial statements contain all normal and recurring adjustments necessary to fairly present the consolidated financial position of Till Capital Ltd. ("Till") and its subsidiaries at June 30, 2017 December 31, 2016, three six June 30, 2017 2016, six June 30, 2017 2016. The interim condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements and related notes thereto included in Till's latest annual report on Form 10 December 31, 2016. Three Months Ended June 30, Six Months Ended June 30, 2017 2016 2017 2016 Exchange rate comparisons at period end US$1 = CDN$1.2977 US$1 = CDN$1.2957 US$1 = CDN$1.2977 US$1 = CDN$1.2957 Average exchange rate for the period US$1 = CDN$1.3448 US$1 = CDN$1.2891 US$1 = CDN$1.3343 US$1 = CDN$1.3312 The exchange rate comparison at December 31, 2016 US$1 CDN$1.3427. Basic and diluted income (loss) per restricted voting share is calculated on Till's income (loss) attributed to Till's shareholders divided by the weighted average number of Till shares outstanding during the period.

Note 2 - Significant Accounting

Note 2 - Significant Accounting Policies	6 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Significant Accounting Policies [Text Block]	2. SIGNIFICANT ACCOUNTING POLICIES There have been no 2017 10 December 31, 2016. Accounting pronouncements The recent accounting pronouncements described below have had or may not not In May 2014, No. 2014 09, Revenue from Contracts with Customers 606 606 606 December 15, 2017. December 15, 2016, not In May 2015, No. 2015 09, Financial Services - Insurance 944 December 31, 2016, 6, not In September 2015, 2015 16, Business Combinations 805 Simplifying the Accounting for Measurement-Period Adjustments 805 2017. first 2017 In January 2016, 2016 01, Financial Statements - Overall 825 10 Recognition and Measurement of Financial Assets and Financial Liabilities 825 10 December 15, 2017, In February 2016, 2016 02, Leases, January 1, 2019, In March 2016, 2016 09, Compensation-Stock Compensation Topic718 first 2017 not In January 2017, 2017 04, Intangibles-Goodwill and Other, first 2020 No 2017

Note 3 - Assets Held for Sale

Note 3 - Assets Held for Sale	6 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Disposal Groups, Including Discontinued Operations, Disclosure [Text Block]	3. ASSETS HELD FOR SALE In the second 2015, 100% 64% In January 2017, 100% 100% $1.4 June 30, 2017 December 31, 2016 June 30, 2017 December 31, 2016 Assets held for sale: Cash, accounts receivable, and prepaid expenses $ 22,806 $ 23,399 Reclamation bonds 32,401 32,401 Mineral properties 488,871 488,871 Property, plant, and equipment 3,998,568 3,998,568 Total $ 4,542,646 $ 4,543,239 SPD's Taylor Mill assets had a book value of $nil June 30, 2017 December 31, 2016.

Note 4 - Promissory Note Receiv

Note 4 - Promissory Note Receivable	6 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Financing Receivables [Text Block]	4. PROMISSORY NOTE RECEIVABLE Till held a promissory note receivable from Golden Predator Mining Corp. ("GPY") with an original face amount of CDN$3,753,332 US$2,570,950 6% June 1, 2016, 8% June 1, 2017, 10% June 1, 2018, 12% The first CDN$717,450 US$546,545 May 25, 2016, second CDN$1,216,373 US$913,879 March 31, 2017, CDN$2,230,016 US$1,651,374 June 2, 2017. The promissory note was initially recognized at fair value, and was subsequently carried at amortized cost using the effective interest rate method. Carrying value of note at December 31, 2016 $ 2,410,494 Interest 69,869 Payment on March 31, 2017 (913,879 ) Payment on June 2, 2017 (1,651,374 ) Amortization of discount 86,899 Foreign exchange loss (2,009 ) Carrying value, June 30, 2017 $ —

Note 5 - Investments

Note 5 - Investments	6 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Investment [Text Block]	5. INVESTMENTS The following tables summarize the differences between cost or amortized cost and fair value, by major investment category, at June 30, 2017 December 31, 2016: Trading investments Amortized Cost Unrealized Gains Unrealized Losses Fair Value June 30, 2017: Equity securities - natural resource sector $ 1,808,420 $ 67,479 $ 105,036 $ 1,770,863 Equity securities - all other sectors 3,877,297 68,571 204,475 3,741,393 Total $ 5,685,717 $ 136,050 $ 309,511 $ 5,512,256 December 31, 2016: Equity securities - natural resource sector $ 642,914 $ 4,515 $ 134,536 $ 512,893 Equity securities - all other sectors 1,828,778 — 395,689 1,433,089 Total $ 2,471,692 $ 4,515 $ 530,225 $ 1,945,982 Available for sale investments Amortized Cost Unrealized Gains Unrealized Losses Fair Value June 30, 2017: Canadian government bonds and provincial bonds $ 8,124,734 $ 18,130 $ — $ 8,142,864 Equity securities - bond funds 4,640,518 — 108,293 4,532,225 Equity securities - natural resource sector 258,706 76,696 109,942 225,460 Total $ 13,023,958 $ 94,826 $ 218,235 $ 12,900,549 December 31, 2016: Canadian government bonds and provincial bonds $ 8,114,813 $ 58,709 $ 6 $ 8,173,516 Equity securities - bond funds 4,467,788 — 48,439 4,419,349 Equity securities - natural resource sector 335,267 661,555 14,895 981,927 Total $ 12,917,868 $ 720,264 $ 63,340 $ 13,574,792 Total Investments Amortized Cost Unrealized Gains Unrealized Losses Fair Value June 30, 2017: Held for trading $ 5,685,717 $ 136,050 $ 309,511 $ 5,512,256 Available for sale 13,023,958 94,826 218,235 12,900,549 Total $ 18,709,675 $ 230,876 $ 527,746 $ 18,412,805 December 31, 2016: Held for trading $ 2,471,692 $ 4,515 $ 530,225 $ 1,945,982 Available for sale 12,917,868 720,264 63,340 13,574,792 Total $ 15,389,560 $ 724,779 $ 593,565 $ 15,520,774 Realized gain (loss) on investments, net Till calculates the gain or loss realized on the sale of investments by comparing the sales price (fair value) to the cost or amortized cost of the security sold. Till determines the cost or amortized cost of the bonds sold using the specific-identification method and all other securities sold using the average cost method. Held for trading investments The net gain (loss) from held for trading investments was ( $341,704 $123,526 three June 30, 2017 2016, $87,199 $270,705 six June 30, 2017 2016, Available for sale investments Three Months Ended June 30, 2017 2016 Gains Fair Value at Sale Gains Fair Value at Sale Equities $ — $ — $ 894,465 $ 1,222,592 Canadian provincial bonds — — 42,519 3,774,909 Total realized gains — — 936,984 4,997,501 Equities — — — — Total realized losses — — — — Net realized gains $ — $ — $ 936,984 $ 4,997,501 Six Months Ended June 30, 2017 2016 Gains Fair Value at Sale Gains (Losses) Fair Value at Sale Equities $ 1,001,496 $ 1,335,452 $ 1,147,838 $ 1,650,128 Canadian provincial bonds — — 42,519 3,774,909 Total realized gains 1,001,496 1,335,452 1,190,357 5,425,037 Equities — — (16,958 ) 116,864 Total realized losses — — (16,958 ) 116,864 Net realized gains $ 1,001,496 $ 1,335,452 $ 1,173,399 $ 5,541,901 The following tables summarize Till's fixed maturities by contractual maturity periods. Actual results may may June 30, 2017 Amortized Cost Percent of Total Fair Value Percent of Total Due in one year or less $ 3,562,568 28 % $ 3,594,987 28 % Due after one year through five years 7,172,193 56 7,044,234 56 Due after five years through 10 years 2,030,490 16 2,035,868 16 Due after ten years — — — — Total $ 12,765,251 100 % $ 12,675,089 100 % December 31, 2016 Amortized Cost Percent of Total Fair Value Percent of Total Due in one year or less $ 2,063,193 16 % $ 2,064,575 16 % Due after one year through five years 8,309,375 66 8,315,177 66 Due after five years through 10 years 2,210,033 18 2,213,113 18 Due after ten years — — — — Total $ 12,582,601 100 % $ 12,592,865 100 % Net change in unrealized gain (loss) on investments Available for sale investments Three Months Ended June 30, Six Months Ended June 30, 2017 2016 2017 2016 Canadian government and provincial bonds $ (60,740 ) $ (82,469 ) $ (140,957 ) $ 6,726 Bond funds (71,949 ) 1,427 (59,854 ) (12,262 ) Equities (95,349 ) 286,951 (579,522 ) 587,383 Included in accumulated other comprehensive income (loss) $ (228,038 ) $ 205,909 $ (780,333 ) $ 581,847 Net interest and dividends Three Months Ended June 30, Six Months Ended June 30, 2017 2016 2017 2016 Net interest and dividends $ 283,220 $ 172,782 $ 412,248 $ 297,135 Investment related expenses (283,926 ) (177,895 ) (703,604 ) (332,490 ) Total $ (706 ) $ (5,113 ) $ (291,356 ) $ (35,355 ) Investment income (loss), net Three Months Ended June 30, Six Months Ended June 30, 2017 2016 2017 2016 Net gain (loss) on held for trading securities $ (341,704 ) $ 123,526 $ (87,199 ) $ 270,705 Net realized gain on available for sale securities — 936,984 1,001,496 1,173,399 Change in unrealized loss on derivative liability — 147,707 — (160,357 ) Net investment expense (706 ) (5,113 ) (291,356 ) (35,355 ) Total $ (342,410 ) $ 1,203,104 $ 622,941 $ 1,248,392 The following table presents information about Till’s assets measured at fair value on a recurring basis. June 30, 2017 Total Level 1 Level 2 Level 3 Canadian government bonds and provincial bonds $ 12,675,089 $ 4,532,225 $ 8,142,864 $ — Equity securities 5,737,716 5,578,580 159,136 — Total investments $ 18,412,805 $ 10,110,805 $ 8,302,000 $ — December 31, 2016 Total Level 1 Level 2 Level 3 Canadian government bonds and provincial bonds $ 12,592,865 $ 4,419,349 $ 8,173,516 $ — Equity securities 2,927,909 2,694,945 232,964 — Total investments $ 15,520,774 $ 7,114,294 $ 8,406,480 $ — The following table presents an aging of Till’s unrealized investment losses on available for sale investments by investment class as of June 30, 2017 December 31, 2016. Less than Twelve Months Twelve Months or More Number of Securities Gross Unrealized Losses Fair Value Number of Securities Gross Unrealized Losses Fair Value June 30, 2017: Equity securities - bond funds — $ — $ — 2 $ 108,293 $ 4,532,225 Equity security - natural resource sector 1 92,741 63,567 1 17,201 — Total 1 92,741 63,567 3 125,494 4,532,225 December 31, 2016: Canadian government bond 1 $ 6 $ 186,165 — $ — $ — Equity securities - bond funds — — — 2 48,439 4,419,349 Equity security - natural resource sector — — — 1 14,895 — Total 1 $ 6 $ 186,165 3 $ 63,334 $ 4,419,349 Equity Investment in Limited Liability Company Till, through RRL, has an investment in IG Copper LLC (“IGC”) that is accounted for under the equity method of accounting that is summarized as follows: June 30, 2017 December 31, 2016 Balance, beginning of period $ 1,248,491 $ 1,089,570 Additional investments — 219,179 Share of accumulated equity method losses (50,283 ) (60,258 ) Balance, end of period $ 1,198,208 $ 1,248,491 Till's ownership percentage 3.51 % 3.59 % On December 17, 2016, $400,000, 15%, August 19, 2017. $7 June 30, 2017 December 31, 2016, $431,726 $401,973,

Note 6 - Unpaid Losses, Loss Ad

Note 6 - Unpaid Losses, Loss Adjustment Expenses, and Amounts Ceded	6 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Insurance Disclosure [Text Block]	6. UNPAID LOSSES, LOSS ADJUSTMENT EXPENSES, AND AMOUNTS CEDED The following table is a summary of changes in outstanding losses and loss adjustment expenses ("LAE") and amounts ceded. Six Months Ended June 30, 2017 2016 Unpaid Losses and LAE Amounts Ceded Net Unpaid Losses and LAE Amounts Ceded Net Balance, beginning of period $ 13,212,366 $ 7,058,004 $ 6,154,362 $ 14,539,623 $ 7,304,975 $ 7,234,648 Losses and LAE incurred for insured events related to: Current period 14,760,143 14,696,673 63,470 11,808,405 11,748,536 59,869 Prior periods 314,240 (205,276 ) 519,516 988,076 659,141 328,935 Total incurred 15,074,383 14,491,397 582,986 12,796,481 12,407,677 388,804 Losses and LAE paid: Current period (12,662,728 ) (12,653,419 ) (9,309 ) (10,473,648 ) (10,473,648 ) — Prior period (2,032,806 ) (1,283,642 ) (749,164 ) (2,537,191 ) (1,471,509 ) (1,065,682 ) Total paid (14,695,534 ) (13,937,061 ) (758,473 ) (13,010,839 ) (11,945,157 ) (1,065,682 ) Adjustment due to currency conversion 534,048 272,175 261,873 1,152,942 574,107 578,835 Balance, end of period $ 14,125,263 $ 7,884,515 $ 6,240,748 $ 15,478,207 $ 8,341,602 $ 7,136,605 The following table presents premiums written, change in unearned premiums, and premiums earned. Three Months Ended June 30, Six Months Ended June 30, 2017 2016 2017 2016 Premiums written: Direct $ 15,227,032 $ 9,352,770 $ 35,055,859 $ 19,294,908 Assumed — — 4,485 — Ceded (14,455,148 ) (9,182,235 ) (32,889,624 ) (18,799,337 ) Net premiums written $ 771,884 $ 170,535 $ 2,170,720 $ 495,571 Change in unearned premiums: Direct $ (3,299,153 ) $ 291,400 $ (11,883,536 ) $ (1,064,112 ) Assumed — — — — Ceded 2,823,996 (247,372 ) 10,302,943 930,748 Net increase $ (475,157 ) $ 44,028 $ (1,580,593 ) $ (133,364 ) Premiums earned: Direct $ 11,927,879 $ 9,644,170 $ 23,172,323 $ 18,230,796 Assumed — — 4,485 — Ceded (11,631,152 ) (9,429,607 ) (22,586,681 ) (17,868,589 ) Net premiums earned $ 296,727 $ 214,563 $ 590,127 $ 362,207

Note 7 - Unearned Premiums

Note 7 - Unearned Premiums	6 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Unearned Premiums [Text Block]	7. UNEARNED PREMIUMS The following table is a summary of changes in unearned premiums and unearned premiums ceded. Six Months Ended June 30, 2017 2016 Unearned Premiums Unearned Premiums Ceded Net Unearned Premiums Unearned Premiums Ceded Net Balance, beginning of period $ 2,283,118 $ 1,614,803 $ 668,315 $ 2,432,468 $ 1,615,977 $ 816,491 Premiums written 35,060,344 32,889,624 2,170,720 19,294,908 18,799,337 495,571 Premiums earned (23,251,112 ) (22,586,681 ) (664,431 ) (18,715,676 ) (18,146,995 ) (568,681 ) Adjustment due to currency conversion 404,680 346,577 58,103 368,340 271,822 96,518 Balance, end of period $ 14,497,030 $ 12,264,323 $ 2,232,707 $ 3,380,040 $ 2,540,141 $ 839,899

Note 8 - Deferred Policy Acquis

Note 8 - Deferred Policy Acquisition Costs	6 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Deferred Policy Acquisition Costs [Text Block]	8. DEFERRED POLICY ACQUISITION COSTS A summary of the changes in deferred policy acquisition costs is as follows: Six Months Ended June 30, 2017 2016 Balance, beginning of period $ 498,889 $ 465,472 Acquisition costs deferred 7,708,127 5,129,875 Amortization of deferred policy acquisition costs (6,410,964 ) (5,001,847 ) Balance, end of period $ 1,796,052 $ 593,500

Note 9 - Royalty and Mineral In

Note 9 - Royalty and Mineral Interests	6 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Royalty and Mineral Interests [Text Block]	9. ROYALTY AND MINERAL INTERESTS The following tables are a summary of royalty and mineral interests: Balance January 1, 2017 Sale of mineral interests Option payments received Impairments Currency translation and other adjustments Balance June 30, 2017 Taylor $ 496,957 $ — $ (356,309 ) $ — $ (38,104 ) $ 102,544 Other properties 462,258 (100,255 ) (15,000 ) — — 347,003 Royalty interests 44,158 — — — — 44,158 Total $ 1,003,373 $ (100,255 ) $ (371,309 ) $ — $ (38,104 ) $ 493,705 Balance January 1, 2016 Sale of mineral interests Option payments received Impairments Currency translation and other adjustments Balance December 31, 2016 Taylor $ 478,836 $ — $ — $ — $ 18,121 $ 496,957 Other properties 462,258 — — — — 462,258 Royalty interests 136,733 (86,982 ) — (5,593 ) — 44,158 Total $ 1,077,827 $ (86,982 ) $ — $ (5,593 ) $ 18,121 $ 1,003,373 Sale of mineral interest On April 10, 2017, 100% $1,156,090 $1,055,835 Taylor property option In April 2017, 64% Under the terms of the Taylor Agreement, Montego can acquire the Taylor Property in consideration for the completion of a series of cash payments totaling $1,200,000, 2,500,000 $700,000 100% 2.0% 1.0% The payments, share issuances, and expenditures must be completed in accordance with the following schedule: • At Closing: $200,000 500,000 • 6 $100,000 300,000 • 12 $200,000 400,000 $100,000 • 24 $300,000 500,000 $250,000 • 36 $400,000 800,000 $350,000 The closing occurred on April 20, 2017 $200,000 500,000 $156,309. Carlin Vanadium property option In June 2017, 100% Under the terms of the Carlin Vanadium Agreement, Optionee can acquire the Carlin Vanadium Property in consideration for the completion of a series of cash payments totaling $2,000,000, $475,000 2.0% 2.0% 100% $2 1.0% $4 2.0% The payments, expenditures, and NSR grant must be completed in accordance with the following schedule: • At Closing: $15,000 • On or before December 15, 2017: $50,000 • 12 $25,000 • On or before December 15, 2018: $125,000 • 24 $50,000 • On or before December 15, 2019: $225,000 • On or before December 15, 2020: $250,000 • On or before December 15, 2021: $250,000 • On or before 60 $250,000 • On or before 60 $2,000,000 not • On or before 60 2.0% The closing occurred on June 14, 2017 $15,000.

Note 10 - Income Taxes

Note 10 - Income Taxes	6 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Income Tax Disclosure [Text Block]	10. INCOME TAXES Till's net income tax benefit (expense) for the three June 30, 2017 2016 $23,879 $121,193, 26% three June 30, 2017 2016, $65,474 $36,683 three June 30, 2017 2016, Till's net income tax benefit (expense) for the six June 30, 2017 2016 $34,825 $176,954, 26% six June 30, 2017 2016, $111,923 $119,419 six June 30, 2017 2016,

Note 11 - Income (Loss) Per Sha

Note 11 - Income (Loss) Per Share	6 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Earnings Per Share [Text Block]	11. INCOME (LOSS) PER SHARE Till uses the treasury stock method to calculate diluted income (loss) per share. Following the treasury stock method, the numerator for Till’s diluted income (loss) per share calculation remains unchanged from the basic income (loss) per share calculation, as the assumed exercise of Till’s stock options and warrants does not Stock options to purchase 118,352 119,952 June 30, 2017 December 31, 2016, 179,500 June 30, 2017 December 31, 2016. three six June 30, 2017.

Note 12 - Segment Data

Note 12 - Segment Data	6 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Segment Reporting Disclosure [Text Block]	12. SEGMENT DATA Till operates in a single segment, that being insurance. Till's revenue is attributed to the following geographical areas: Three Months Ended June 30, Six Months Ended June 30, 2017 2016 2017 2016 Canada $ 675,837 $ 297,953 $ 1,025,238 $ 817,080 Bermuda 416,853 1,689,517 851,325 1,546,275 United States 46,597 (445,447 ) 686,145 (415,627 ) Total $ 1,139,287 $ 1,542,023 $ 2,562,708 $ 1,947,728

Note 13 - Related Party Disclos

Note 13 - Related Party Disclosures	6 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Related Party Transactions Disclosure [Text Block]	13. RELATED PARTY DISCLOSURES Service agreements Till is party to service agreements with SPD whereby Till provides accounting and corporate communications services on a cost-plus recovery basis. During the three six June 30, 2017 2016, $9,000 $18,000

Note 14 - Capital Management

Note 14 - Capital Management	6 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Capital Management [Text Block]	14. CAPITAL MANAGEMENT Regulatory capital Till manages capital on an aggregate basis, as well as individually for each regulated entity. Till's insurance subsidiaries are subject to the regulatory capital requirements defined by the Bermuda Monetary Authority (“BMA”) for RRL and by the Office of Superintendent of Financial Institutions (Canada) (“OSFI”) for Omega General Insurance Company ("Omega"). Till’s objectives when managing capital consist of: • Ensuring that policyholders in the insurance and reinsurance subsidiaries are protected while complying with regulatory capital requirements. • Maximizing long-term shareholder value by optimizing capital used to operate and grow Till. Till views capital as a scarce and strategic resource. That resource protects the financial well-being of the organization, and is also critical in enabling Till to pursue strategic business opportunities. Adequate capital also acts as a safeguard against possible unexpected losses, and as a basis for confidence in Till by shareholders, policyholders, creditors, and others. For the purpose of capital management, Till has defined capital as shareholders’ equity, excluding accumulated other comprehensive income ("AOCI"). Capital is monitored by Till's Board of Directors. Till's insurance subsidiaries are subject to minimum capital requirements that, in the case of RRL, is $1 not RRL RRL is registered under The Bermuda Insurance Act 1978 June 30, 2017 $1 75%. June 30, 2017 $8.7 December 31, 2016 - $16.8 75% June 30, 2017 $322,703 December 31, 2016 - $161,988 June 30, 2017 December 31, 2016, Omega OSFI has set out expectations of a 100% 150% June 30, 2017, CDN$9.0 US$6.9 December 31, 2016 - CDN$9.4 US$7.0 CDN$2.8 US$2.2 December 31, 2016 - CDN$1.9 US$1.4 323% December 31, 2016 - 499% June 30, 2017 December 31, 2016, Statutory Accounting Practices for RRL and Omega. RRL and Omega follow accounting practices prescribed or permitted by their respective regulators, Bermuda and Canada, respectively. Statutory accounting practices applicable to RRL differ from GAAP in certain areas, the most significant being that statutory accounting practices: • Require the expensing of policy acquisition costs as incurred, i.e., does not • Require that certain investments be recorded at cost or amortized cost and allows bonds to be carried at amortized cost or fair value based on an independent rating. • Specify how much, if any, of a deferred income tax asset is reportable as an admitted asset.

Note 15 - Contingencies

Note 15 - Contingencies	6 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Contingencies Disclosure [Text Block]	15. CONTINGENCIES Till and its subsidiaries are party to various litigation-related matters in the ordinary course of our business. Till cannot estimate with certainty the ultimate legal and financial liability with respect to those pending litigation matters. However, Till believes, based on its knowledge of such matters, that Till's ultimate liability with respect to those matters will not

Significant Accounting Policies

Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2017
Accounting Policies [Abstract]
New Accounting Pronouncements, Policy [Policy Text Block]	Accounting pronouncements The recent accounting pronouncements described below have had or may not not In May 2014, No. 2014 09, Revenue from Contracts with Customers 606 606 606 December 15, 2017. December 15, 2016, not In May 2015, No. 2015 09, Financial Services - Insurance 944 December 31, 2016, 6, not In September 2015, 2015 16, Business Combinations 805 Simplifying the Accounting for Measurement-Period Adjustments 805 2017. first 2017 In January 2016, 2016 01, Financial Statements - Overall 825 10 Recognition and Measurement of Financial Assets and Financial Liabilities 825 10 December 15, 2017, In February 2016, 2016 02, Leases, January 1, 2019, In March 2016, 2016 09, Compensation-Stock Compensation Topic718 first 2017 not In January 2017, 2017 04, Intangibles-Goodwill and Other, first 2020 No 2017

Note 1 - Basis of Presentation

Note 1 - Basis of Presentation (Tables)	6 Months Ended
	Jun. 30, 2017
Notes Tables
Summary of Foreign Currency Exchange Rates [Table Text Block]	Three Months Ended June 30, Six Months Ended June 30, 2017 2016 2017 2016 Exchange rate comparisons at period end US$1 = CDN$1.2977 US$1 = CDN$1.2957 US$1 = CDN$1.2977 US$1 = CDN$1.2957 Average exchange rate for the period US$1 = CDN$1.3448 US$1 = CDN$1.2891 US$1 = CDN$1.3343 US$1 = CDN$1.3312

Note 3 - Assets Held for Sale (

Note 3 - Assets Held for Sale (Tables)	6 Months Ended
	Jun. 30, 2017
Notes Tables
Disposal Groups, Including Discontinued Operations [Table Text Block]	June 30, 2017 December 31, 2016 Assets held for sale: Cash, accounts receivable, and prepaid expenses $ 22,806 $ 23,399 Reclamation bonds 32,401 32,401 Mineral properties 488,871 488,871 Property, plant, and equipment 3,998,568 3,998,568 Total $ 4,542,646 $ 4,543,239

Note 4 - Promissory Note Rece24

Note 4 - Promissory Note Receivable (Tables)	6 Months Ended
	Jun. 30, 2017
Notes Tables
Promissory Note Receivable [Table Text Block]	Carrying value of note at December 31, 2016 $ 2,410,494 Interest 69,869 Payment on March 31, 2017 (913,879 ) Payment on June 2, 2017 (1,651,374 ) Amortization of discount 86,899 Foreign exchange loss (2,009 ) Carrying value, June 30, 2017 $ —

Note 5 - Investments (Tables)

Note 5 - Investments (Tables)	6 Months Ended
	Jun. 30, 2017
Notes Tables
Amortized Cost and Fair Value by Major Investment Category [Table Text Block]	Amortized Cost Unrealized Gains Unrealized Losses Fair Value June 30, 2017: Equity securities - natural resource sector $ 1,808,420 $ 67,479 $ 105,036 $ 1,770,863 Equity securities - all other sectors 3,877,297 68,571 204,475 3,741,393 Total $ 5,685,717 $ 136,050 $ 309,511 $ 5,512,256 December 31, 2016: Equity securities - natural resource sector $ 642,914 $ 4,515 $ 134,536 $ 512,893 Equity securities - all other sectors 1,828,778 — 395,689 1,433,089 Total $ 2,471,692 $ 4,515 $ 530,225 $ 1,945,982 Amortized Cost Unrealized Gains Unrealized Losses Fair Value June 30, 2017: Canadian government bonds and provincial bonds $ 8,124,734 $ 18,130 $ — $ 8,142,864 Equity securities - bond funds 4,640,518 — 108,293 4,532,225 Equity securities - natural resource sector 258,706 76,696 109,942 225,460 Total $ 13,023,958 $ 94,826 $ 218,235 $ 12,900,549 December 31, 2016: Canadian government bonds and provincial bonds $ 8,114,813 $ 58,709 $ 6 $ 8,173,516 Equity securities - bond funds 4,467,788 — 48,439 4,419,349 Equity securities - natural resource sector 335,267 661,555 14,895 981,927 Total $ 12,917,868 $ 720,264 $ 63,340 $ 13,574,792 Amortized Cost Unrealized Gains Unrealized Losses Fair Value June 30, 2017: Held for trading $ 5,685,717 $ 136,050 $ 309,511 $ 5,512,256 Available for sale 13,023,958 94,826 218,235 12,900,549 Total $ 18,709,675 $ 230,876 $ 527,746 $ 18,412,805 December 31, 2016: Held for trading $ 2,471,692 $ 4,515 $ 530,225 $ 1,945,982 Available for sale 12,917,868 720,264 63,340 13,574,792 Total $ 15,389,560 $ 724,779 $ 593,565 $ 15,520,774
Schedule of Realized Gain (Loss) [Table Text Block]	Three Months Ended June 30, 2017 2016 Gains Fair Value at Sale Gains Fair Value at Sale Equities $ — $ — $ 894,465 $ 1,222,592 Canadian provincial bonds — — 42,519 3,774,909 Total realized gains — — 936,984 4,997,501 Equities — — — — Total realized losses — — — — Net realized gains $ — $ — $ 936,984 $ 4,997,501 Six Months Ended June 30, 2017 2016 Gains Fair Value at Sale Gains (Losses) Fair Value at Sale Equities $ 1,001,496 $ 1,335,452 $ 1,147,838 $ 1,650,128 Canadian provincial bonds — — 42,519 3,774,909 Total realized gains 1,001,496 1,335,452 1,190,357 5,425,037 Equities — — (16,958 ) 116,864 Total realized losses — — (16,958 ) 116,864 Net realized gains $ 1,001,496 $ 1,335,452 $ 1,173,399 $ 5,541,901
Investments Classified by Contractual Maturity Date [Table Text Block]	June 30, 2017 Amortized Cost Percent of Total Fair Value Percent of Total Due in one year or less $ 3,562,568 28 % $ 3,594,987 28 % Due after one year through five years 7,172,193 56 7,044,234 56 Due after five years through 10 years 2,030,490 16 2,035,868 16 Due after ten years — — — — Total $ 12,765,251 100 % $ 12,675,089 100 % December 31, 2016 Amortized Cost Percent of Total Fair Value Percent of Total Due in one year or less $ 2,063,193 16 % $ 2,064,575 16 % Due after one year through five years 8,309,375 66 8,315,177 66 Due after five years through 10 years 2,210,033 18 2,213,113 18 Due after ten years — — — — Total $ 12,582,601 100 % $ 12,592,865 100 %
Available-for-sale Securities, Change in Net Unrealized Holding Gain (Loss) [Table Text Block]	Three Months Ended June 30, Six Months Ended June 30, 2017 2016 2017 2016 Canadian government and provincial bonds $ (60,740 ) $ (82,469 ) $ (140,957 ) $ 6,726 Bond funds (71,949 ) 1,427 (59,854 ) (12,262 ) Equities (95,349 ) 286,951 (579,522 ) 587,383 Included in accumulated other comprehensive income (loss) $ (228,038 ) $ 205,909 $ (780,333 ) $ 581,847
Investment Income [Table Text Block]	Three Months Ended June 30, Six Months Ended June 30, 2017 2016 2017 2016 Net interest and dividends $ 283,220 $ 172,782 $ 412,248 $ 297,135 Investment related expenses (283,926 ) (177,895 ) (703,604 ) (332,490 ) Total $ (706 ) $ (5,113 ) $ (291,356 ) $ (35,355 )
Gain (Loss) on Investments [Table Text Block]	Three Months Ended June 30, Six Months Ended June 30, 2017 2016 2017 2016 Net gain (loss) on held for trading securities $ (341,704 ) $ 123,526 $ (87,199 ) $ 270,705 Net realized gain on available for sale securities — 936,984 1,001,496 1,173,399 Change in unrealized loss on derivative liability — 147,707 — (160,357 ) Net investment expense (706 ) (5,113 ) (291,356 ) (35,355 ) Total $ (342,410 ) $ 1,203,104 $ 622,941 $ 1,248,392
Fair Value, Assets Measured on Recurring Basis [Table Text Block]	June 30, 2017 Total Level 1 Level 2 Level 3 Canadian government bonds and provincial bonds $ 12,675,089 $ 4,532,225 $ 8,142,864 $ — Equity securities 5,737,716 5,578,580 159,136 — Total investments $ 18,412,805 $ 10,110,805 $ 8,302,000 $ — December 31, 2016 Total Level 1 Level 2 Level 3 Canadian government bonds and provincial bonds $ 12,592,865 $ 4,419,349 $ 8,173,516 $ — Equity securities 2,927,909 2,694,945 232,964 — Total investments $ 15,520,774 $ 7,114,294 $ 8,406,480 $ —
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value [Table Text Block]	Less than Twelve Months Twelve Months or More Number of Securities Gross Unrealized Losses Fair Value Number of Securities Gross Unrealized Losses Fair Value June 30, 2017: Equity securities - bond funds — $ — $ — 2 $ 108,293 $ 4,532,225 Equity security - natural resource sector 1 92,741 63,567 1 17,201 — Total 1 92,741 63,567 3 125,494 4,532,225 December 31, 2016: Canadian government bond 1 $ 6 $ 186,165 — $ — $ — Equity securities - bond funds — — — 2 48,439 4,419,349 Equity security - natural resource sector — — — 1 14,895 — Total 1 $ 6 $ 186,165 3 $ 63,334 $ 4,419,349
Equity Method Investments [Table Text Block]	June 30, 2017 December 31, 2016 Balance, beginning of period $ 1,248,491 $ 1,089,570 Additional investments — 219,179 Share of accumulated equity method losses (50,283 ) (60,258 ) Balance, end of period $ 1,198,208 $ 1,248,491 Till's ownership percentage 3.51 % 3.59 %

Note 6 - Unpaid Losses, Loss 26

Note 6 - Unpaid Losses, Loss Adjustment Expenses, and Amounts Ceded (Tables)	6 Months Ended
	Jun. 30, 2017
Notes Tables
Schedule of Liability for Unpaid Claims and Claims Adjustment Expense [Table Text Block]	Six Months Ended June 30, 2017 2016 Unpaid Losses and LAE Amounts Ceded Net Unpaid Losses and LAE Amounts Ceded Net Balance, beginning of period $ 13,212,366 $ 7,058,004 $ 6,154,362 $ 14,539,623 $ 7,304,975 $ 7,234,648 Losses and LAE incurred for insured events related to: Current period 14,760,143 14,696,673 63,470 11,808,405 11,748,536 59,869 Prior periods 314,240 (205,276 ) 519,516 988,076 659,141 328,935 Total incurred 15,074,383 14,491,397 582,986 12,796,481 12,407,677 388,804 Losses and LAE paid: Current period (12,662,728 ) (12,653,419 ) (9,309 ) (10,473,648 ) (10,473,648 ) — Prior period (2,032,806 ) (1,283,642 ) (749,164 ) (2,537,191 ) (1,471,509 ) (1,065,682 ) Total paid (14,695,534 ) (13,937,061 ) (758,473 ) (13,010,839 ) (11,945,157 ) (1,065,682 ) Adjustment due to currency conversion 534,048 272,175 261,873 1,152,942 574,107 578,835 Balance, end of period $ 14,125,263 $ 7,884,515 $ 6,240,748 $ 15,478,207 $ 8,341,602 $ 7,136,605
Effects of Reinsurance [Table Text Block]	Three Months Ended June 30, Six Months Ended June 30, 2017 2016 2017 2016 Premiums written: Direct $ 15,227,032 $ 9,352,770 $ 35,055,859 $ 19,294,908 Assumed — — 4,485 — Ceded (14,455,148 ) (9,182,235 ) (32,889,624 ) (18,799,337 ) Net premiums written $ 771,884 $ 170,535 $ 2,170,720 $ 495,571 Change in unearned premiums: Direct $ (3,299,153 ) $ 291,400 $ (11,883,536 ) $ (1,064,112 ) Assumed — — — — Ceded 2,823,996 (247,372 ) 10,302,943 930,748 Net increase $ (475,157 ) $ 44,028 $ (1,580,593 ) $ (133,364 ) Premiums earned: Direct $ 11,927,879 $ 9,644,170 $ 23,172,323 $ 18,230,796 Assumed — — 4,485 — Ceded (11,631,152 ) (9,429,607 ) (22,586,681 ) (17,868,589 ) Net premiums earned $ 296,727 $ 214,563 $ 590,127 $ 362,207

Note 7 - Unearned Premiums (Tab

Note 7 - Unearned Premiums (Tables)	6 Months Ended
	Jun. 30, 2017
Notes Tables
Schedule of Changes in Unearned Premiums and Unearned Premiums Ceded [Table Text Block]	Six Months Ended June 30, 2017 2016 Unearned Premiums Unearned Premiums Ceded Net Unearned Premiums Unearned Premiums Ceded Net Balance, beginning of period $ 2,283,118 $ 1,614,803 $ 668,315 $ 2,432,468 $ 1,615,977 $ 816,491 Premiums written 35,060,344 32,889,624 2,170,720 19,294,908 18,799,337 495,571 Premiums earned (23,251,112 ) (22,586,681 ) (664,431 ) (18,715,676 ) (18,146,995 ) (568,681 ) Adjustment due to currency conversion 404,680 346,577 58,103 368,340 271,822 96,518 Balance, end of period $ 14,497,030 $ 12,264,323 $ 2,232,707 $ 3,380,040 $ 2,540,141 $ 839,899

Note 8 - Deferred Policy Acqu28

Note 8 - Deferred Policy Acquisition Costs (Tables)	6 Months Ended
	Jun. 30, 2017
Notes Tables
Deferred Policy Acquisition Costs [Table Text Block]	Six Months Ended June 30, 2017 2016 Balance, beginning of period $ 498,889 $ 465,472 Acquisition costs deferred 7,708,127 5,129,875 Amortization of deferred policy acquisition costs (6,410,964 ) (5,001,847 ) Balance, end of period $ 1,796,052 $ 593,500

Note 9 - Royalty and Mineral 29

Note 9 - Royalty and Mineral Interests (Tables)	6 Months Ended
	Jun. 30, 2017
Notes Tables
Royalty and Mineral Rights [Table Text Block]	Balance January 1, 2017 Sale of mineral interests Option payments received Impairments Currency translation and other adjustments Balance June 30, 2017 Taylor $ 496,957 $ — $ (356,309 ) $ — $ (38,104 ) $ 102,544 Other properties 462,258 (100,255 ) (15,000 ) — — 347,003 Royalty interests 44,158 — — — — 44,158 Total $ 1,003,373 $ (100,255 ) $ (371,309 ) $ — $ (38,104 ) $ 493,705 Balance January 1, 2016 Sale of mineral interests Option payments received Impairments Currency translation and other adjustments Balance December 31, 2016 Taylor $ 478,836 $ — $ — $ — $ 18,121 $ 496,957 Other properties 462,258 — — — — 462,258 Royalty interests 136,733 (86,982 ) — (5,593 ) — 44,158 Total $ 1,077,827 $ (86,982 ) $ — $ (5,593 ) $ 18,121 $ 1,003,373

Note 12 - Segment Data (Tables)

Note 12 - Segment Data (Tables)	6 Months Ended
	Jun. 30, 2017
Notes Tables
Revenue from External Customers by Geographic Areas [Table Text Block]	Three Months Ended June 30, Six Months Ended June 30, 2017 2016 2017 2016 Canada $ 675,837 $ 297,953 $ 1,025,238 $ 817,080 Bermuda 416,853 1,689,517 851,325 1,546,275 United States 46,597 (445,447 ) 686,145 (415,627 ) Total $ 1,139,287 $ 1,542,023 $ 2,562,708 $ 1,947,728

Note 1 - Basis of Presentatio31

Note 1 - Basis of Presentation (Details Textual)	Jun. 30, 2017	Dec. 31, 2016	Jun. 30, 2016
Canada, Dollars
Foreign Currency Exchange Rate, Translation	1.2977	1.3427	1.2957

Note 1 - Basis of Presentatio32

Note 1 - Basis of Presentation - Foreign Exchange Rates (Details) - Canada, Dollars	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016
Exchange rate comparisons at period end	1.2977	1.2957	1.2977	1.2957	1.3427
Average exchange rate for the period	1.3448	1.2891	1.3343	1.3312

Note 3 - Assets Held for Sale33

Note 3 - Assets Held for Sale (Details Textual) - USD ($)	1 Months Ended
	Jan. 31, 2017	Jun. 30, 2017	Dec. 31, 2016	Jun. 30, 2015
Assets		$ 70,164,004	$ 46,019,102
SPD Gave 100% of Ownership of SMC to Till's 100% Owned Subsidiary, Golden Predator US Holding Corp. , In Exchange for Release Of Related Party Debt [Member]
Noncontrolling Interest, Period Increase (Decrease)	$ 1,400,000
Silver Predator Corp. [Member]
Assets		$ 0	$ 0
Resource Re Ltd. [Member]
Percentage of Ownership				100.00%
Silver Predator Corp. [Member]
Percentage of Ownership				64.00%
Springer Mining Company [Member] | Silver Predator Corp. [Member]
Percentage of Ownership Exchange for Release of Related Party Debt	100.00%
Golden Predator US Holding Corp. [Member]
Percentage of Ownership	100.00%

Note 3 - Assets Held-for-sale -

Note 3 - Assets Held-for-sale - Assets Held-for-sale (Details) - USD ($)	Jun. 30, 2017	Dec. 31, 2016
Cash, accounts receivable, and prepaid expenses	$ 22,806	$ 23,399
Reclamation bonds	32,401	32,401
Mineral properties	488,871	488,871
Property, plant, and equipment	3,998,568	3,998,568
Total	$ 4,542,646	$ 4,543,239

Note 4 - Promissory Note Rece35

Note 4 - Promissory Note Receivable (Details Textual)

Jun. 02, 2017USD ($)

Jun. 02, 2017CAD

Mar. 31, 2017USD ($)

Mar. 31, 2017CAD

May 25, 2016USD ($)

May 25, 2016CAD

Jun. 30, 2017USD ($)

Jun. 30, 2016USD ($)

Jun. 01, 2019

Jun. 01, 2018

Jun. 30, 2017CAD

Jun. 01, 2017

Jun. 01, 2016

Proceeds from Note Receivable, Financing Activities

$ 2,565,253

$ 546,546

Promissory Note Receivable from Golden Predator Mining Corp. [Member]

Note Receivable, Face Amount

$ 2,570,950

CAD 3,753,332

Note Receivable, Interest Rate

8.00%

6.00%

Proceeds from Note Receivable, Financing Activities

$ 1,651,374

CAD 2,230,016

$ 913,879

CAD 1,216,373

$ 546,545

CAD 717,450

Promissory Note Receivable from Golden Predator Mining Corp. [Member] | Scenario, Forecast [Member]

Note Receivable, Interest Rate

12.00%

10.00%

Note 4 - Promissory Note Rece36

Note 4 - Promissory Note Receivable - Promissory Note Receivable (Details) - USD ($)	Jun. 02, 2017	Mar. 31, 2017	Jun. 30, 2017
Carrying value of note at December 31, 2016			$ 2,410,494
Interest			69,869
Payment on March 31, 2017	$ (1,651,374)	$ (913,879)
Amortization of discount			86,899
Foreign exchange loss			(2,009)
Carrying value, June 30, 2017

Note 5 - Investments (Details T

Note 5 - Investments (Details Textual) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016	Dec. 17, 2016
Trading Securities, Realized Gain (Loss)	$ (341,704)	$ 123,526	$ (87,199)	$ 270,705
A Limited Liability Company [Member]
Loans Receivable from Equity Method Investment, Interest Rate						15.00%
Loan Receivable from Equity Method Investment, Alternative Payment Method, Amount Per Membership Inerest						$ 7
Other Assets [Member] | A Limited Liability Company [Member]
Loans Receivable from Equity Method Investment, Principal Amount						$ 400,000
Loans Receivable from Equity Method Investment and Accrued Interest	$ 431,726		$ 431,726		$ 401,973

Note 5 - Investments - Amortize

Note 5 - Investments - Amortized Cost and Fair Value by Major Investment Category (Details) - USD ($)	Jun. 30, 2017	Dec. 31, 2016
Marketable Securities, Amortized Cost	$ 18,709,675	$ 15,389,560
Marketable Securities, Unrealized Gain	230,876	724,779
Marketable Securities, Unrealized Loss	527,746	593,565
Marketable Securities	18,412,805	15,520,774
Trading Securities, Cost	5,685,717	2,471,692
Trading Securities, Unrealized Holding Gain	136,050	4,515
Trading Securities, Unrealized Holding Loss	309,511	530,225
Trading Securities	5,512,256	1,945,982
Available-for-sale Securities, Amortized Cost Basis	13,023,958	12,917,868
Available-for-sale Securities, Unrealized Gain	94,826	720,264
Available-for-sale Securities, Unrealized Loss	218,235	63,340
Available-for-sale Securities	12,900,549	13,574,792
Equity Securities, Natural Resource Sector [Member]
Trading Securities, Cost	1,808,420	642,914
Trading Securities, Unrealized Holding Gain	67,479	4,515
Trading Securities, Unrealized Holding Loss	105,036	134,536
Trading Securities	1,770,863	512,893
Available-for-sale Securities, Amortized Cost Basis	258,706	335,267
Available-for-sale Securities, Unrealized Gain	76,696	661,555
Available-for-sale Securities, Unrealized Loss	109,942	14,895
Available-for-sale Securities	225,460	981,927
Canadian Government Bonds and Provincial Bonds [Member]
Available-for-sale Securities, Amortized Cost Basis	8,124,734	8,114,813
Available-for-sale Securities, Unrealized Gain	18,130	58,709
Available-for-sale Securities, Unrealized Loss		6
Available-for-sale Securities	8,142,864	8,173,516
Equity Securities, All Other Sectors [Member]
Trading Securities, Cost	3,877,297	1,828,778
Trading Securities, Unrealized Holding Gain	68,571
Trading Securities, Unrealized Holding Loss	204,475	395,689
Trading Securities	3,741,393	1,433,089
Equity Securities, Bond Funds [Member]
Available-for-sale Securities, Amortized Cost Basis	4,640,518	4,467,788
Available-for-sale Securities, Unrealized Gain
Available-for-sale Securities, Unrealized Loss	108,293	48,439
Available-for-sale Securities	$ 4,532,225	$ 4,419,349

Note 5 - Investments - Net Real

Note 5 - Investments - Net Realized Gain (losses) from Sale of Available-for-sale Investment (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Available-for-sale Securities, Sold at Loss, Fair Value				$ 116,864
Available-for-sale Securities, Gross Realized Gain (Loss)		936,984	1,001,496	1,173,399
Available-for-sale Securities, Sold, Fair Value		4,997,501	1,335,452	5,541,901
Available-for-sale Equity Securities, Gross Realized Gains		936,984	1,001,496	1,190,357
Available-for-sale Securities, Sold at Gain, Fair Value		4,997,501	1,335,452	5,425,037
Available-for-sale Securities, Gross Realized Losses				(16,958)
Equity Securities [Member]
Available-for-sale Securities, Sold at Loss, Fair Value				116,864
Available-for-sale Equity Securities, Gross Realized Gains		894,465	1,001,496	1,147,838
Available-for-sale Securities, Sold at Gain, Fair Value		1,222,592	1,335,452	1,650,128
Available-for-sale Securities, Gross Realized Losses				(16,958)
Canadian Government Bonds and Provincial Bonds [Member]
Available-for-sale Equity Securities, Gross Realized Gains		42,519		42,519
Available-for-sale Securities, Sold at Gain, Fair Value		$ 3,774,909		$ 3,774,909

Note 5 - Investments - Investme

Note 5 - Investments - Investments Classified by Contractual Maturity (Details) - USD ($)	Jun. 30, 2017	Dec. 31, 2016
Due after one year through five years, fair value, percent of total	56.00%	66.00%
Due after five years through 10 years, amortized cost	$ 2,030,490	$ 2,210,033
Due after five years through 10 years, amortized cost, percent of total	16.00%	18.00%
Due after five years through 10 years, fair value	$ 2,035,868	$ 2,213,113
Due after five years through 10 years, fair value, percent of total	16.00%	18.00%
Due after ten years, amortized cost
Due after ten years, amortized cost, percent of total
Due after ten years, fair value
Due after ten years, fair value, percent of total
Total, amortized cost	$ 12,765,251	$ 12,582,601
Amortized cost, percent of total	100.00%	100.00%
Total, fair value	$ 12,675,089	$ 12,592,865
Fair value, percent of total	100.00%	100.00%
Due in one year or less, amortized cost	$ 3,562,568	$ 2,063,193
Due in one year or less, amortized cost, percent of total	28.00%	16.00%
Due in one year or less, fair value	$ 3,594,987	$ 2,064,575
Due in one year or less, fair value, percent of total	28.00%	16.00%
Due after one year through five years, amortized cost	$ 7,172,193	$ 8,309,375
Due after one year through five years, amortized cost, percent of total	56.00%	66.00%
Due after one year through five years, fair value	$ 7,044,234	$ 8,315,177

Note 5 - Investments - Net Chan

Note 5 - Investments - Net Change in Unrealized Gain (Loss) on Investments (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Included in accumulated other comprehensive income	$ (228,038)	$ 205,909	$ (780,333)	$ 581,847
Canadian Government Bonds and Provincial Bonds [Member]
Included in accumulated other comprehensive income	(60,740)	(82,469)	(140,957)	6,726
Equity Securities, Bond Funds [Member]
Included in accumulated other comprehensive income	(71,949)	1,427	(59,854)	(12,262)
Equity Securities [Member]
Included in accumulated other comprehensive income	$ (95,349)	$ 286,951	$ (579,522)	$ 587,383

Note 5 - Investments - Invest42

Note 5 - Investments - Investment Income (Expense) (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Net interest and dividends	$ 283,220	$ 172,782	$ 412,248	$ 297,135
Investment related expenses	(283,926)	(177,895)	(703,604)	(332,490)
Total	$ (706)	$ (5,113)	$ (291,356)	$ (35,355)

Note 5 - Investments - Invest43

Note 5 - Investments - Investment Income (Loss), Net (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Net gain (loss) on held for trading securities	$ (341,704)	$ 123,526	$ (87,199)	$ 270,705
Net realized gain on available for sale securities		936,984	1,001,496	1,173,399
Change in unrealized loss on derivative liability		147,707		(160,357)
Net investment expense	(706)	(5,113)	(291,356)	(35,355)
Total	$ (342,410)	$ 1,203,104	$ 622,941	$ 1,248,392

Note 5 - Investments - Assets M

Note 5 - Investments - Assets Measured at Fair Value on a Recurring Basis (Details) - USD ($)	Jun. 30, 2017	Dec. 31, 2016
Investments	$ 18,412,805	$ 15,520,774
Fair Value, Measurements, Recurring [Member]
Investments	18,412,805	15,520,774
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Investments	10,110,805	7,114,294
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Investments	8,302,000	8,406,480
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Investments
Canadian Government Bonds and Provincial Bonds [Member] | Fair Value, Measurements, Recurring [Member]
Investments	12,675,089	12,592,865
Canadian Government Bonds and Provincial Bonds [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Investments	4,532,225	4,419,349
Canadian Government Bonds and Provincial Bonds [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Investments	8,142,864	8,173,516
Canadian Government Bonds and Provincial Bonds [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Investments
Equity Securities [Member] | Fair Value, Measurements, Recurring [Member]
Investments	5,737,716	2,927,909
Equity Securities [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Investments	5,578,580	2,694,945
Equity Securities [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Investments	159,136	232,964
Equity Securities [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Investments

Note 5 - Investments - Unrealiz

Note 5 - Investments - Unrealized Investment Losses on Available-for-sale Investments by Investment Class (Details)	Jun. 30, 2017USD ($)	Dec. 31, 2016USD ($)
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	$ 125,494	$ 63,334
Available-for-sale Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value	$ 4,532,225	$ 4,419,349
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions, Less than One Year	1	1
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss	$ 92,741	$ 6
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	$ 63,567	$ 186,165
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions, Greater than or Equal to One Year	3	3
Equity Securities [Member]
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	$ 108,293
Available-for-sale Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value	$ 4,532,225
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions, Less than One Year
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions, Greater than or Equal to One Year	2
Equity Securities, Natural Resource Sector [Member]
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	$ 17,201	$ 14,895
Available-for-sale Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions, Less than One Year	1
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss	$ 92,741
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	$ 63,567
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions, Greater than or Equal to One Year	1	1
Canadian Government Bonds and Provincial Bonds [Member]
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss
Available-for-sale Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions, Less than One Year		1
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss		$ 6
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value		$ 186,165
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions, Greater than or Equal to One Year
Equity Securities, Bond Funds [Member]
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss		$ 48,439
Available-for-sale Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value		$ 4,419,349
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions, Less than One Year
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions, Greater than or Equal to One Year		2

Note 5 - Investments - Equity I

Note 5 - Investments - Equity Investment in Limited Liability Company (Details) - USD ($)	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016
Balance, beginning of period			$ 1,248,491
Share of accumulated equity method losses	$ (34,597)	$ (3,847)	(50,283)	$ (12,428)
Balance, end of period	1,198,208		1,198,208		$ 1,248,491
A Limited Liability Company [Member]
Balance, beginning of period			1,248,491	$ 1,089,570	1,089,570
Additional investments					219,179
Share of accumulated equity method losses			(50,283)		(60,258)
Balance, end of period	$ 1,198,208		$ 1,198,208		$ 1,248,491
Till's ownership percentage	3.51%		3.51%		3.59%

Note 6 - Unpaid Losses, Loss 47

Note 6 - Unpaid Losses, Loss Adjustment Expenses, and Amounts Ceded - Summary of Changes in Outstanding Losses and Loss Adjustment Expenses ("LAE") and Amounts Ceded (Details) - USD ($)	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Balance, beginnin of period, unpaid losses and LAE	$ 13,212,366	$ 14,539,623
Current period, unpaid losses and LAE	14,760,143	11,808,405
Prior periods, unpaid losses and LAE	314,240	988,076
Total incurred, unpaid losses and LAE	15,074,383	12,796,481
Current period events, unpaid losses and LAE	(12,662,728)	(10,473,648)
Prior period events, unpaid losses and LAE	(2,032,806)	(2,537,191)
Total paid, unpaid losses and LAE	(14,695,534)	(13,010,839)
Adjustment due to currency conversion, unpaid losses and LAE	534,048	1,152,942
Balance, end of period, unpaid losses and LAE	14,125,263	15,478,207
Balance, beginning of period, unpaid losses and LAE, amount ceded	7,058,004	7,304,975
Current period, unpaid losses and LAE, amount ceded	14,696,673	11,748,536
Prior periods, unpaid losses and LAE, amount ceded	(205,276)	659,141
Total incurred, unpaid losses and LAE, amount ceded	14,491,397	12,407,677
Current period events, unpaid losses and LAE, amount ceded	(12,653,419)	(10,473,648)
Prior period events, unpaid losses and LAE, amount ceded	(1,283,642)	(1,471,509)
Total paid, unpaid losses and LAE, amount ceded	(13,937,061)	(11,945,157)
Adjustment due to currency conversion, unpaid losses and LAE, amount ceded	272,175	574,107
Balance, end of period, unpaid losses and LAE, amount ceded	7,884,515	8,341,602
Balance, beginning of period, unpaid losses and LAE, net	6,154,362	7,234,648
Current period, unpaid losses and LAE, net	63,470	59,869
Prior periods, unpaid losses and LAE, net	519,516	328,935
Total incurred, unpaid losses and LAE, net	582,986	388,804
Current period events, unpaid losses and LAE, net	(9,309)
Prior period events, unpaid losses and LAE, net	(749,164)	(1,065,682)
Total paid, unpaid losses and LAE, net	(758,473)	(1,065,682)
Adjustment due to currency conversion, unpaid losses and LAE, net	261,873	578,835
Balance, end of period, unpaid losses and LAE, net	$ 6,240,748	$ 7,136,605

Note 6 - Unpaid Losses, Loss 48

Note 6 - Unpaid Losses, Loss Adjustment Expenses, and Amounts Ceded - Written Premiums and Earned Premiums (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Insurance premiums written	$ 15,227,032	$ 9,352,770	$ 35,060,344	$ 19,294,908
Assumed, premiums written			4,485
Ceded, premiums written	(14,455,148)	(9,182,235)	(32,889,624)	(18,799,337)
Net premiums written	771,884	170,535	2,170,720	495,571
Direct, change in unearned premiums	(3,299,153)	291,400	(11,883,536)	(1,064,112)
Assumed, change in unearned premiums
Ceded, change in unearned premiums	2,823,996	(247,372)	10,302,943	930,748
Net increase	(475,157)	44,028	(1,580,593)	(133,364)
Direct, premiums earned	11,927,879	9,644,170	23,172,323	18,230,796
Assumed, premiums earned			4,485
Ceded, premiums earned	(11,631,152)	(9,429,607)	(22,586,681)	(17,868,589)
Net premiums earned	$ 296,727	$ 214,563	$ 590,127	$ 362,207

Note 7 - Unearned Premiums - Su

Note 7 - Unearned Premiums - Summary of Changes in Unearned Premiums and Unearned Premiums Ceded (Details) - USD ($)	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Balance, beginning of period, unearned premiums	$ 2,283,118	$ 2,432,468
Premiums written, unearned premiums	35,060,344	19,294,908
Premiums earned, unearned premiums	(23,251,112)	(18,715,676)
Adjustment due to currency conversion, unearned premiums	404,680	368,340
Balance, end of period, unearned premiums	14,497,030	3,380,040
Balance, beginning of period	1,614,803	1,615,977
Premiums written, unearned premiums ceded	32,889,624	18,799,337
Premiums earned, unearned premiums ceded	(22,586,681)	(18,146,995)
Adjustment due to currency conversion	346,577	271,822
Balance, end of period	12,264,323	2,540,141
Balance, beginning of period, net	668,315	816,491
Premiums written, net	2,170,720	495,571
Premiums earned, net	(664,431)	(568,681)
Adjustment due to currency conversion, net	58,103	96,518
Balance, end of period, net	$ 2,232,707	$ 839,899

Note 8 - Deferred Policy Acqu50

Note 8 - Deferred Policy Acquisition Costs - Deferred Policy Acquisition Costs (Details) - USD ($)	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Balance, beginning of period	$ 498,889	$ 465,472
Acquisition costs deferred	7,708,127	5,129,875
Amortization of deferred policy acquisition costs	(6,410,964)	(5,001,847)
Balance, end of period	$ 1,796,052	$ 593,500

Note 9 - Royalty and Mineral 51

Note 9 - Royalty and Mineral Interests (Details Textual) - USD ($)	Jun. 14, 2017	Apr. 20, 2017	Apr. 10, 2017
Business Acquisition of Montego Resource, Inc. [Member]
Option Agreement, Shares Received		2,500,000
Option Agreement, Expected Expend Costs		$ 700,000
SPD [Member] | Montego [Member]
Option Agreement, Ownership Percentage by Optionee after All Payments		100.00%
Net Smelter Returns, Percent		2.00%
Net Profit Royalty, Percent		1.00%
Closing of Agreement, Shares Received, Value		$ 156,309
Options Agreement, Expected Cash Payment		1,200,000
Proceeds from Agreement		$ 200,000
Closing of Agreement, Shares Received		500,000
SPD [Member] | Montego [Member] | Payments for Agreement at Closing [Member]
Option Agreement, Shares Received		500,000
Options Agreement, Expected Cash Payment		$ 200,000
SPD [Member] | Montego [Member] | Payments for Agreement 6 Months From Closing [Member]
Option Agreement, Shares Received		300,000
Options Agreement, Expected Cash Payment		$ 100,000
SPD [Member] | Montego [Member] | Payments for Agreement 12 Months From Closing [Member]
Option Agreement, Shares Received		400,000
Options Agreement, Expected Cash Payment		$ 200,000
Option Agreement, Expected Expend Costs		$ 100,000
SPD [Member] | Montego [Member] | Payments for Agreement 24 Months From Closing [Member]
Option Agreement, Shares Received		500,000
Options Agreement, Expected Cash Payment		$ 300,000
Option Agreement, Expected Expend Costs		$ 250,000
SPD [Member] | Montego [Member] | Payments for Agreement 36 Months From Closing [Member]
Option Agreement, Shares Received		800,000
Options Agreement, Expected Cash Payment		$ 400,000
Option Agreement, Expected Expend Costs		$ 350,000
Golden Predator US Holding Corp. [Member] | Optionee [Member]
Option Agreement, Ownership Percentage by Optionee after All Payments	100.00%
Net Smelter Returns, Percent	2.00%
Options Agreement, Expected Cash Payment	$ 2,000,000
Option Agreement, Expected Expend Costs	475,000
GPUS [Member] | Optionee [Member]
Option Agreement, Right to Purchase 1% NSR, Amount	2,000,000
Option Agreement, Right to Purchase 2% NSR, Amount	4,000,000
Proceeds from Agreement	15,000
GPUS [Member] | Optionee [Member] | Payments for Agreement at Closing [Member]
Options Agreement, Expected Cash Payment	15,000
GPUS [Member] | Optionee [Member] | Payments for Agreement 12 Months From Closing [Member]
Options Agreement, Expected Cash Payment	25,000
GPUS [Member] | Optionee [Member] | Payments for Agreement 24 Months From Closing [Member]
Options Agreement, Expected Cash Payment	50,000
GPUS [Member] | Optionee [Member] | Payments for Agreement on or Before December 15, 2017 [Member]
Option Agreement, Expected Expend Costs	50,000
GPUS [Member] | Optionee [Member] | Payments for Agreement on or Before December 15, 2018 [Member]
Option Agreement, Expected Expend Costs	125,000
GPUS [Member] | Optionee [Member] | Payments for Agreement on or Before December 15, 2019 [Member]
Option Agreement, Expected Expend Costs	225,000
GPUS [Member] | Optionee [Member] | Payments for Agreement on or Before December 15, 2020 [Member]
Option Agreement, Expected Expend Costs	250,000
GPUS [Member] | Optionee [Member] | Payments for Agreement on or Before December 15, 2021 [Member]
Option Agreement, Expected Expend Costs	$ 250,000
GPUS [Member] | Optionee [Member] | Payments for Agreement on or Before 60 Months From Closing [Member]
Net Smelter Returns, Percent	2.00%
Options Agreement, Expected Cash Payment	$ 2,000,000
Option Agreement, Expected Expend Costs	$ 250,000
Golden Predator US Holding Corp. [Member]
Proceeds from Sale of Option Agreement			$ 1,156,090
Gain (Loss) on Sale of Option Agreement			$ 1,055,835
Noncontrolling Interest, Ownership Percentage by Parent	100.00%		100.00%
SPD [Member]
Noncontrolling Interest, Ownership Percentage by Parent		64.00%

Note 9 - Royalty and Mineral 52

Note 9 - Royalty and Mineral Interests - Summary of Royalty and Mineral Interests (Details) - USD ($)	6 Months Ended	12 Months Ended
	Jun. 30, 2017	Dec. 31, 2016
Beginning balance	$ 1,003,373	$ 1,077,827
Sale of mineral interests	(100,255)	(86,982)
Option payments received	(371,309)
Impairments		(5,593)
Currency Translation and Other Adjustments	(38,104)	18,121
Ending balance	493,705	1,003,373
Taylor Property Option [Member]
Beginning balance	496,957	478,836
Sale of mineral interests
Option payments received	(356,309)
Impairments
Currency Translation and Other Adjustments	(38,104)	18,121
Ending balance	102,544	496,957
Other Property Option [Member]
Beginning balance	462,258	462,258
Sale of mineral interests	(100,255)
Option payments received	(15,000)
Impairments
Currency Translation and Other Adjustments
Ending balance	347,003	462,258
Royalty Interests [Member]
Beginning balance	44,158	136,733
Sale of mineral interests		(86,982)
Option payments received
Impairments		(5,593)
Currency Translation and Other Adjustments
Ending balance	$ 44,158	$ 44,158

Note 10 - Income Taxes (Details

Note 10 - Income Taxes (Details Textual) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Deferred Income Tax Expense (Benefit)	$ (65,474)	$ (36,683)	$ (111,923)	$ (119,419)
Current Income Tax Expense (Benefit)	$ 23,879	$ 121,193	$ 34,825	$ 176,954
Estimated Annual Effective Tax Rate	26.00%	26.00%	26.00%	26.00%

Note 11 - Income (Loss) Per S54

Note 11 - Income (Loss) Per Share (Details Textual) - shares	6 Months Ended	12 Months Ended
	Jun. 30, 2017	Dec. 31, 2016
Employee Stock Option [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	118,352	119,952
Warrant [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	179,500	179,500

Note 12 - Segment Data - Revenu

Note 12 - Segment Data - Revenue Attributed to Geographical Areas (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Revenues	$ 1,139,287	$ 1,542,023	$ 2,562,708	$ 1,947,728
CANADA
Revenues	675,837	297,953	1,025,238	817,080
BERMUDA
Revenues	416,853	1,689,517	851,325	1,546,275
UNITED STATES
Revenues	$ 46,597	$ (445,447)	$ 686,145	$ (415,627)

Note 13 - Related Party Discl56

Note 13 - Related Party Disclosures (Details Textual) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Accounting and Corporate Communications Services [Member] | Silver Predator Corp. [Member]
Related Party Transaction, Amounts of Transaction	$ 9,000	$ 9,000	$ 18,000	$ 18,000

Note 14 - Capital Management (D

Note 14 - Capital Management (Details Textual) CAD in Millions	Jun. 30, 2017USD ($)	Jun. 30, 2017CAD	Dec. 31, 2016USD ($)	Dec. 31, 2016CAD
RRL [Member]
Relevant Assets	$ 8,700,000		$ 16,800,000
Required Minimum General Business Solvency Margin	$ 1,000,000
Minimum Allowable Ratio	75.00%	75.00%
Relevant Liabilities	$ 322,703		161,988
Capital Required for Capital Adequacy	$ 1,000,000
Omega Insurance Holdings Inc. [Member]
Minimum Capital Test, Percentage, Minimum Expection	100.00%	100.00%
Minimum Capital Test, Percentage, Supervisory Target	150.00%	150.00%
Capital	$ 6,900,000	CAD 9	7,000,000	CAD 9.4
Capital Required for Capital Adequacy	$ 2,200,000	CAD 2.8	$ 1,400,000	CAD 1.9
Minimum Capital Test, Percentage	323.00%	323.00%	499.00%	499.00%