Expert: Steven Taylor - 2/16/2011

Question
Hi, in 1987 I bought 500 shares of Thunder Valley Resources from Gordon-Daly Grenadier Securities...I know they are no longer around but I just wanted to see if there is any value in these shares after all this time. I did hear the shares changed to CastleStar Capital Development Corp and then to Southern Frontier Resources Inc when I last spoke to Gordon-Daly Grenadier Securities in 1998...would appreciate any information you may have

Thanks you for your time on this

Answer
Unfortunately, from the information I have available, the shares have no current value. They did a 1 for 1.1 reverse and became Castlestar, then a 1 for 5 amalgamation to Souther Frontier. Southern Frontier merged with several other companies and became Planetsafe Enviro Corp. Southern Frontier shareholders received 1 share of Planetsafe for every 1.5 of Southern Frontier, and they also received 1 share of Inland National Corp. Inland ran into serious trouble with the government and nothing came of it, while Planetsafe went broke in 1997 and was suspended, delisted and cease-traded.