Expert: Steven Taylor - 8/5/2009

Question
Hey there.   Any information on shares of NewBidlamaque Gold Mines Limited and Redwing Resources Inc. issued through the now defunct Guaranty Trust Company of Canada?

Thanks...have a great day!

Answer
Unfortunately, from the information I have available, it appears neither has any current value.

Redwing was struck and dissolved in 1994.

New Bidlamaque did a 1 for 10 reverse split to New Bidlamaque Enterprises, which quickly did a further 1 for 4 reverse split to Chivor Emerald Corp. Chivor ran into financial trouble, had its entire board of directors resign, and stopped operating. The Company was suspended and cease-traded in 2000 for failure to file financial statements. That cease-trade order remains in effect, which suggests no one ever tried to fix the problems and return the company to trading.