Mega Uranium Ltd T.MGA

Alternate Symbol(s): MGAFF

Energy

Mega Uranium Ltd. is a Canada-based mineral exploration and development company. The Company is focused on the acquisition and exploration of uranium prospective properties. It has exploration stage mineral resource properties in Queensland and Western Australia and investments in uranium-focused companies. It also holds interests in junior and medium-sized uranium exploration and development companies, royalty and diversified uranium holding companies, and its own exploration and development projects. The Company’s project is Maureen Uranium-Molybdenum Project, which is located approximately 32 Kilometer (km) away from the small regional hub of Georgetown, located in Northern Queensland, Australia. Its subsidiaries include Maple Resources Inc.; Uranium Mineral Ventures Inc., Mega Georgetown Pty Ltd., Mega Hindmarsh Holdings Pty Ltd., Mega Redport Holdings Pty Ltd., Monster Copper Corporation., Nu Energy Uranium Corporation, and Northern Lorena Resources Ltd.

TSX:MGA - Post by User

Mega Uranium Ltd

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Comment by uranimanon Dec 20, 2006 1:27pm

504 Views

Post# 11899309

RE: Painful to watch for a long time holder

Borden21, I find it hard to have sympathy for you when I look at the chart for MGA. If you want to vent every time it stumbles a bit, thats one thing, but if it is driving you to drink too much ...thats another. This stock is a long term play on the Uranium Boom, and if you want to feel better, then you should set aside some cash to buy more when it dips like it just did. Personaly I trade 1/2 of my position and just repurchased back last week at a 20% reduction in my overall cost basis for that half. I can live with that, and I find it just as satisfying to drink Organic Juices. Cheers.......UNM

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