Expert: Steven Taylor - 9/26/2009

Question
My father has certificates valued at 300 shares purchased from the Revere Mining Corporation Limited in 1960.  Are these share worth anything? These shares were purchased through Old Colony Securities Limited.

Answer
Unfortunately, from the information I have available, the shares have no value. The Company had its charter cancelled in 1976. That occurs when a company fails to file its required financial information (and pay its fees and taxes) for several years in a row, usually because they are already out of business.