Canadian Stocks/Just wondering if these shares have any value
Expert: Steven Taylor - 1/26/2012
QuestionHello
My grandpa left me some shares and i have no idea if these are worth anything . I have
- British Columbia Forest Products Limited
- Native Mines Limited
-Bridge River Ogden (1934) Limited
-Rococco resources LTD
Any help would be great
Thank you
AnswerJesse, from the information I have available:
BC Forest Products changed names several times and is currently Catalyst Paper. Unfortunately, Catalyst filed for bankruptcy last week. The stock was trading for 1 cent, and I don't believe common shareholders are expected to receive anything in the reorganization.
Native has no value. The Company had its charter cancelled and was dissolved in the late 1970's.
I have no information on Bridge River, although 1934 predates much of the information I have available.
Rococco was dissolved in the 1990's. No current value.