This month Meadow Bay Gold Corp. (PINK:MAYGF) has been often promoted to get the climb. Despite the fact that promotions 
failed to influence the stock price that much, MAYGF renewed its efforts to get the climb by another campaign.
Yesterday, the stock lost 7.20% of its price, while its traded volume exceeded 38 thousand shares. Thus, the company hurried to break up the loss.
MAYGF got promoted by a few different promoters yesterday, projecting a pop up for the stock. Including the latest campaign, the compensation for the April promotions of MAYGF totaled $6,000. Whether the result will be positive this time, should be seen any minute.
Apart from the campaign, no press releases by Meadow can be found these days. The last publication related to the company came up a week ago and stated that MAYGF Chief Geolgoist Doug Oliver was discussing the Atlanta Gold Mine project with James West, host of Midas Letter Money. According to Mr. Oliver, Meadow was currently drilling on the project, and recent results indicated that the porphyry-hosted gold, silver and copper values were significant.[BANNER]
Meadow Bay Gold Corp. is a Vancouver-based mining and exploration company. Presently, the company owns three properties, but is yet to start generating revenue. So far, MAYGF has completed a number of private placements to finance its operations.
Meanwhile, the company’s interim financial report shows that as at December 31, 2011, MAYGF has had working capital of $2,177,627 and accumulated losses of $8,547,533 since inception. Its ability to continue as a going concern is dependent upon the ability of the company to obtain the necessary financing to meet its obligations and repay its liabilities arising from normal business operations when they come due.
However, despite the 2011 Private Placement that Meadow Bay has completed, the revenues are still missing, and the losses keep increasing. Meaning that at this point the future operation of cannot be guaranteed.
