Canadian Stocks/mining stock

Advertisement


Question
My father has stock certificates for Consolidated Lebel Oro Mines Limited and Copper-man Mines Limited....is there any value to either of them?   Thankyou for your help

Answer
Michele, from the information I have available, the shares have no current value. Consolidated Lebel did a 1 for 4 reverse split and changed its name to Copper-Man Mines. They probably did not require the old certificate to be returned for the new Copper-Man, which is why your father has both. Copper-Man eventually became Hartland Mines, which had its charter cancelled in the 1970's. No value for shareholders.

Canadian Stocks

All Answers


Answers by Expert:


Ask Experts

Volunteer


Steven Taylor

Expertise

Canadian stocks, including growth and resource companies.

©2012 About.com, a part of The New York Times Company. All rights reserved.