Canadian Stocks/value of old mining stocks
Expert: Steven Taylor - 8/7/2011
QuestionI Hello!
I was going through my Dad's stuff, and came upon a number of shares of mining companies that were bought in the sixties. I have found some information on some of them, but others have had less luck. Can you help?
The following I have had not much luck in: Wingdam & Lightning Creek Mining Co. Ltd., Canam Copper company ltd.,Cassiar Copperfields ltd., and B.I.O. Gas Industries Inc. (which was bought in 1991) I have found that Yukon Antimony Corporation Ltd. after a few other transfers has formed Tagish Lake Gold Corporation (TLG.V), but I cannot find anything on this?
Can you help with any or all of these please?
AnswerJerome, from the information I have available:
Wingdam has no value. The Company became Consolidated Vigor on the basis of 1 Vigor for 15 Wingdam. Vigor had its charter cancelled and was dissolved in the early 1970's.
Canam became Giant Mascot, then GM Resources, then Campbell Resources. There were 2 reverse splits (a 1 for 8, then a 1 for 10#, but Campbell is currently bankrupt. I highly doubt shareholders will receive anything.
Cassiar was dissolved in 1970. No value.
I have no information on B.I.O. Gas at all. If there is a transfer agent listed on the certificate, I would contact them first.
Tagish merged into New Pacific Metals on the basis of 0.137 New Pacific shares for each Tagish. New Pacific trades for about $1.70 a share. You will need to contact the current transfer agent, Computershare #www.computershare.com) to get the old shares reorganized.