Found this on
https://www.sedar.com and it explains the increase in shareprice and volume, we should see the news release soon and hopefully we will be rewarded handsomely for our patience.
GAINEY PROVIDES CORPORATE UPDATE Vancouver, BC - Gainey Capital Corp. (TSXV: GNC) (OTC: GNYPF) (“Gainey” or the “Company”) is pleased to provide an update on its Mexican projects and corporate activities. During the last six months, while the COVID-19 restrictions have made fieldwork in Mexico difficult, Gainey’s geological team has been evaluating exploration opportunities throughout Mexico and in Nevada. Management is at an advanced stage of negotiations on new acquisitions in both of these areas that will afford the opportunity for significant value appreciation for shareholders.
Given these new opportunities, Gainey management has taken the decision not to continue with the option on the Las Margaritas gold project in Durango, Mexico, and has notified First Mining Gold accordingly. The El Colomo project in Nayarit will continue to play a strategic role in the Company’s portfolio.
David Coburn, Gainey CEO, stated “Although this has been a frustrating year for fieldwork, we have taken advantage of the slowdown in the industry to evaluate several high-potential projects in favorable jurisdictions, including Nevada, one of the most attractive mining regions in the world. We expect to be able to announce at least one new acquisition in the very near
future, whereby we are confident that our shareholders will be rewarded for their patience.”