Canadian Stocks/Old stock
Expert: Steven Taylor - 10/2/2011
QuestionI found some old stock:
Oil Selections Limited from 1952 and Rice Lake Gold Mines, Limited from year 1934.
Are they still worth something?
Thanks
Art
AnswerUnfortunately, from the information I have available, the shares have no current value.
Oil Selections became Quonto, which was dissolved in the early 1970's.
Rice Lake went through several name changes and reverse splits and ended as Argyll Energy, which was suspended, cease-traded and delisted in 1990. Those cease-trade orders remain in effect.