Expert: Steven Taylor - 1/23/2010

Question
I have some Duvex Oil& Mines shares from 1959 and am wondering if they have any value. Thanks, Dave.

Answer
Dave, I have been asked about Duvex several times before, which suggests there are a fair number of old certificates floating around out there. The Company did a 1 for 10 reverse split and became United Duvex, but the company was cease-traded by Ontario in 1978. That order remains in effect, which suggests the company is no longer around and has no value. You could contact a broker to see if they can perform a more detailed search and can find any additional information.