Canadian Stocks/Little Tex Mining
Expert: Steven Taylor - 5/19/2011
QuestionMr Taylor, I just found a 1965 stock certificate from Little Tex Mining Corporation Limited. The name of Eastern and Chartered Trust Cie is also on it. My researchs where unsuccesfull except that they lead me to you.
Could you tell me what append to that compagny and if that certificate has any value other than "sentimental".
Thank you very much for your help.
AnswerFrom the information I have available, it is difficult to tell. However, I don't think it has any current value. The Company sold its assets to another company, and I don't believe shareholders received any value. But, if they did, that company has changed names at least 5 times and is now Molycor Gold. You should be able to confirm it with the current transfer agent of Molycor, Computershare (www.computershare.com) and see if the person named on the certificate is listed on Molycor's shareholder list. It is a longshot, but would not hurt to check it out.