Jay Taylor, in the Oct. 15, 2014, edition of Gold, Energy & Tech Stocks, refreshes his buy of Gainey Capital Corp., recently 22.5 cents. Mr. Taylor said buy on June 17, 2014, at 32.4 cents. A $1,000 investment then is now worth $694. Gainey has both exploration properties and an ore-processing operation in the Sierra Madre area of Mexico. Small private miners that cannot afford to set up their own mills send their ore instead to Gainey's mill, which can process 300 tons a day and is the only one in the region with a gravimetric/flotation processing centre to maximize gold and silver recovery. The company recently received $240,000 (U.S.) in cash deposits from such miners. Chief executive officer David Coburn cheered the increasing demand for Gainey's processing services, and also noted that the company is putting together an exploration program for its "tremendously prospective" El Colomo gold-silver project. Work will be directed by geologist Peter Megaw, whom both Mr. Coburn and Mr. Taylor describe as renowned. The newsletter editor reckons that Gainey could "come up big on the exploration side."
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