Canadian Stocks/Lada Development ltd Stock
Expert: Steven Taylor - 12/19/2009
QuestionI have 80 shares of Lada Development Ltd stock (Dec.17 1975) which was 400 shares of Primer Group Minerals Ltd.(Apr. 10 1968). Is there any value? Thank you.
AnswerUnfortunately, from the information I have available, the shares have no current value. The Company was struck from the corporate register in 1983, which is what happens when a company fails to file its required financial information (and pay its fees and taxes) which is usually because they are already out of business.