Canadian Stocks/NewNorth Gold Certificate
Expert: Steven Taylor - 1/18/2011
QuestionWhen cleaning up an estate we found a Gold Certificate
NewNorth Gold Mines Ltd. 100 Shares not subject to call
They were purchased and authorized in Sept 1962
Everything appears to be in order, I cannot find any information on the certificate.
Any ideas or suggestions or information would be appreciated.
AnswerLeo, from the information I have available, it appears the shares have no current value. The stock did a 1 for 4 reverse split and became Canadian Newnorth Resources, which was cease-traded in 1990. Those cease-trade orders currently remain in effect.