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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
Post by goldstockbullon Jan 12, 2017 12:41pm
387 Views
Post# 25699888

Mega Uranium Discount to Equity Positions Rises to 36%

Mega Uranium Discount to Equity Positions Rises to 36%With Nexgen Energy up 5% today and Mega Uranium down 6%, you can now purchase Mega Uranium for a 36% discount to the equity positions they own in NEX and TOE. I think we will see a re-rating in the days ahead as the market realized this discrepancy and opportunity. 

ALX Uranium and CanAlaska Uranium are two other plays that I believe are undervalued and offering investors excellent entry points. But MGA at a 36% discount and assigning zero value to Ben Lomond, Georgetown or their 30% interest in Kintyre (with Cameco) is an absolute steal.

goldstockbull.com
Bullboard Posts