Meadow Bay Gold Corp. (PINK:MAYGF) paid Small Cap Voice to attract more attention from potential investors. The effect may be seen in today’s session.
March wasn’t a good month for MAYGF stock. The price dropped about 50%, but in the last two sessions MAYGF seems to be trying to rebound.
Following a 5.25% increase on Mar. 30, yesterday MAYGF closed up another 1.18% at $1.0755. The volume was more than four times the average and reached nearly 84 thousand shares.[BANNER]
Today’s session could be more active with the help of some paid promotions. On Mar. 29 the company paid Small Cap Voice $6,000 for 30 days of service. After the close yesterday, two newsletters sent out emails on MAYGF. Both were paid by Small Cap Voice.
MAYGF is a mining and exploration company based in Vancouver, Canada. Currently, 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.
On Mar. 21 Dahlman Rose & Co. released a report on MAYGF with a price target of $4.67 CAD. It is still early to say where MAYGF will go in the long run, but the promotions could potentially bring more attention to the stock today.
