Canadian Stocks/old stock want to know worth
Expert: Steven Taylor - 8/31/2009
QuestionRico Copper mines Limited Countersigned by Prudential Trust Company Limited from May 1950
AnswerCasey, the shares might have some current value, but due to some very large share consolidations, it would depend on how many Rico you started with.
Rico went through several name changes and two big share consolidations - a 1 for 20, followed by a 1 for 22.75. If my information is correct, the current Company is Golden Goose Resources, which trades for about 27 cents on the TSX Venture. However, because of the consolidations, it would take 455 common shares of Rico to equal 1 share of Golden Goose. To get your shares reorganized, you will have to talk to Golden Goose's current transfer agent, Computershare (www.computershare.com).