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

Bullboard Posts

Comment by lenticularon Aug 07, 2007 6:29pm

361 Views

Post# 13211919

RE: Why the selling ?..philiptate

I think uranium stocks have built in a future uranium prices around 80 bucks..that is why such a dramatic selloff lately. I am now convinced that a bottom in many U stocks is in. The producers like PDN hit 5.11 today with is likely the bottom..SXR has a little more downside but not much. MGA is getting close to its bottom..maybe 5 bucks?

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