Expert: Steven Taylor - 8/27/2010

Question
I have a stock certificate worth 25 shares that was purchased 2/12/1962 through the Guaranty Trust Company of Canada.The certificate of shares lists Delhi Pacific Mines Limited on it.  Can you tell me if it is worth anything?

Answer
Unfortunately, from the information I have available, the shares have no current value. The Company changed its name to Delhi Pacific Resources, but was cease-traded by the government in 1986. Since that order remains in effect today, and I see no indications of any remedy, it appears there is no value at the moment.