RE: MGA and LAMMega is too expensive for what they have in the ground. $500 mln market cap is what I would call a senior junior. Very much hyped stock, nowhere near any production whatsoever. No vast amounts of proven uranium in the ground, only land. I think a stock like bayswater is comparable with mega only at 1/10 of the price. What would you choose?
Anyway I would look at companies that can produce in the not to distant future. You only have to look at their performance the last week and you know I am right.