Canadian Stocks/Value on old mining company shares?
Expert: Steven Taylor - 1/5/2011
QuestionI inherited 750 shares Shaynee Consolidated Mines Limited
500 shares Leesa Explorations Limited
300 shares Drope Lake Explorations Limited
300 shares Picktex Mining & Investments Limited
when my mom died. They belonged to her husband that pre-deceased her. Would like if any of these have value, and if yes how do I go about selling them. Thank you.
AnswerSuzanne, from the information I have available:
I believe the Shaynee, Leesa and Drope Lake were all related. All went through name changes, and all of them had their charter cancelled in 1980. They have no current value.
Picktex went into receivership in 1974 and there was no value for shareholders.