Expert: Steven Taylor - 6/29/2011

Question
I have 500 shares of Primrose Gold Resources Inc. in March 1988 from Gordon-Daly Grenadier Securities. I am hoping these shares are very valuable since gold prices are really high. I would really appreciate any help you can offer.

Answer
Sharon, unfortunately Primrose left the mineral exploration business a long time ago. The Company became Curran Bay Resources, then did a 1 for 19 reverse split and became Snackie Jack's, a producer of soy based snacks. That didn't work out, so they bought a majority stake in a bottled water producer in Montana and became Rocky Mountain Brands after a further 1 for 8 reverse split. The most recent thing I can find on them was trading on the Pink Sheets in the US several years ago for a penny a share. Considering the reverse splits would have reduced your original 500 shares to just 3, it doesn't look promising.