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Question
I have a certificate for shares in the capital stock of ROYCEFIELD RESOURCES LTD., dated February 4, 1992 # 0001697
CUSIP 780914 10 7 and would like to know if it is worth anything. In 1994 it was worth $1,493,653 according to my records.

Thank you,

Joan

Answer
Joan, from the information I have available, the shares have no current value. Roycefield became insolvent in 2001 when their secured creditor demanded repayment of loans which the Company was unable to do. All the directors resigned and the stock was suspended, cease-traded and delisted.

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