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Mega Uranium Ltd T.MGA

Alternate Symbol(s):  MGAFF

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

Bullboard Posts
Comment by GambitXon Oct 20, 2009 7:12am
225 Views
Post# 16402777

RE: RE: Gambit

RE: RE: GambitVery well written post and I appreciate the non-aggressive yet engaging tone. It's my belief of course, and the reason I hold the stock. Uracan of course is an exploration company, not a mining company. Their only job is to prove up the pounds in the ground and that alone will provide a return on investment. Many view the proximity to the St Lawrence as a positive as it makes the deposit that much more accessible. Low grade surface deposits are proven to work. FSY and Extract are two examples. At .26/share, there is much room to grow. I look forward to the future and of course, for my early retirement fund, I hope you get proven wrong. = ) I'll buy you a beer when it happens.
Bullboard Posts