Canadian Stocks/mining stock
Expert: Steven Taylor - 9/28/2010
QuestionMy 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
AnswerMichele, 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.