Canadian Stocks/old stock
Expert: Steven Taylor - 1/16/2012
QuestionMy mother left stock when she passed. I can't find anything on them. I'll give you 3 if you don't mind. #1 quatsino copper-gold mines limited. Bought in 1952 #2 key oil and gas [1955] ltd. bought in 1956. #3 rocky petroleums limited. bought in 1957. Thanks for your help in this.
Lorne Littlemore
AnswerLorne, from the information I have available:
Quatsino has no current value. The Company was struck and dissolved in the early 1980's.
Key did a huge 1 for 100 reverse split and was then acquired for cash in 1968.
Rocky has no current value. It was dissolved in the 1970's.
For the Key, your mother should have received a check for the shares at the time of acquisition. If not, it would have been turned over the government for safekeeping, but it is highly unlikely any funds would still be available. You can search many states and provinces for free, however, through www.missingmoney.com and www.naupa.org and see if there are perhaps any assets in your Mother's name.