Expert: Steven Taylor - 11/5/2009

Question
mr. taylor
  i want to know what happens to these two companies.
Devonshire Gold resources inc. and Oneida energy & resources corporation. Do they have value? I bought  it in 1983.

thank you.

ed

Answer
Ed, from the information I have available:

Devonshire changed its name to Colours International. I don't know what ultimately happened to colours, but it was cease-traded in 1988, and that cease-trade order remains in effect, which is not a good sign. If there is a transfer agent listed on the certificate, I would contact them first. If not, try the Province of Incorporation and see what information they have on file, or contact a broker to perform a more detailed search for you.

Oneida went through numerous name changes and capital consolidations. It eventually became United Pacific Capital Resources, which was cease-traded in 2001. Those orders also remain in effect, which also suggest it was unable to fix its problems and return to trading.