Canadian Stocks/Parbec Mines Limited
Expert: Steven Taylor - 7/30/2010
QuestionI have a Parbec Mines Limited stock certificate purchased in 1954. Does it have any value?
AnswerUnfortunately, from the information I have available, the shares have no current value. The Company went through numerous name changes and capital reorganizations and ended as CPI Plastics, which went bankrupt last year. There was no value for common shareholders.