Linux Gold Corp. announced consolidated unaudited earnings results for the third quarter and nine months ended November 30, 2011. For the quarter, the company reported net loss before realized loss on sale of marketable, realized loss on reallocation from accumulated other comprehensive loss and fair value adjustment of derivative liabilities of CAD 127,249 compared with CAD 99,923 for the same period a year ago. Net loss was CAD 76,177 compared with CAD 490,205 for the same period a year ago. For the nine months, the company reported net loss before realized loss on sale of marketable, realized loss on reallocation from accumulated other comprehensive loss and fair value adjustment of derivative liabilities of CAD 289,160 compared with CAD 278,322 for the same period a year ago. Net loss was CAD 188,505 compared with CAD 367,501 for the same period a year ago. Cash used in operating activities was CAD 92,468 compared with CAD 111,080 for the same period a year ago.