Certainly, it is normal to expect a positive move of the stock as a result of the promotional efforts. With equal certainty, however, we might expect the rise of the shares to last in the short-term only. This is what usually happens with most promotions.
As anticipated, MAY opened today’s session considerably higher that the previous close of $1.29, forming a huge upward gap.
The current alerts about Meadow on Lebed.biz and WallStreetGrand.com sound more than glorifying. A few mistrustful people might just wonder whether they are not reading information about some other company. The alerts outline the well-experienced management of the corporation. They even even dare to make the prediction that MAY could hit a monster potential gain of 235%.
Meadow is aiming to bring the Atlanta gold mine back into production and hopes to achieve 20,000 oz of gold over eight years. In case this happens, promoters say, MAY would fly to $4.3 per share. But what will be the result, in case this does not happen? To this we can find no easy answer.
Apart from the promotions, there are other factors that give enough confidence about the future share performance. One of these is the progressing price of gold, anticipated to rise further in the future. Besides, in March, the corporation completed a $11.3M financing, that provided much needed funds for the further development of the company’s projects.
However, the capital was raised at the cost of increasing stock dilution. Until Meadow really reaches the production phase, we cannot be entirely certain about the prosperous future of this corporation.
