Expert: Steven Taylor - 12/20/2010

Question
I found some old Stock certificates that were my Mom's who passed away many years ago. they are:
Spooner Mines and oils Limited
Associated Porcupine Mines Limited
Tanager Resources Limited
Are any worth anything or should i paper my walls with them LOL
Many Thanks
Bob

Answer
Bob, from the information I have available:

Spooner Mines and Oils did a 1 for 3 reverse split and became Canadian Spooner Resources, which later spawned Canadian Spooner Industries. Both Canadian Spooners were suspended and delisted in 2005. I don't believe either Company was revived, although you can contact the last known transfer agent, Equity Transfer (www.equitytransfer.com# and see what information they can provide.

Associated Porcupine was acquired in 1989 by American Reserve Mining Corp. on the basis of $5.00 per share cash PLUS 0.75 of an American Reserve share for each Porcupine share. American Reserve later did a 1 for 16 reverse split and became AMI Resources, which is still around. AMI trades on the TSX Venture for about 17 cents per share. You need to contact the current transfer agent, Computershare (www.computershare.com).

Tanager did a 1 for 5 reverse split and became Consolidated Tanager. That stock was suspended, cease-traded and delisted in 2001. However, the Company survives, although the stock does not trade anywhere. In fact, they had their annual meeting last week. You need to contact the current transfer agent (also Computershare) regarding the old shares.