Canadian Stocks/Golden Cresent Resources Corp.
Expert: Steven Taylor - 11/21/2010
QuestionI have certificate C0001 dated Jan 8 1988.
Are the shares worth anything?
AnswerHoward, from the information I have available, Golden Crescent sold its mineral property around 1996 and shortly thereafter changed their name to Golden Crescent Corporation. They were an empty shell looking to merge with a private company but in 2001 they stopped making their required regulatory filings and were slapped with a cease-trade order by the Ontario Securities Commission. That Cease-Trade order is listed as active, which suggests the company was never revived. However, you should consult with a broker and see if they can confirm the information or find any additional information.