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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 lenticularon Nov 16, 2007 4:36pm
266 Views
Post# 13822122

RE: losing ground..edib

RE: losing ground..edibYou are comparing apples to oranges when looking at MGA and producers like UUU. MGA is not a producer so the article you refer about the amount of uranium being produced does not apply. By the way the best buy in the uranium market right now is UUU. Its book value is around 10.50 and the stock was just above 8 two days ago. It had a couple good days and now it is at 9 bucks. I figure even with the acid news for UUU that the stock will run to 12 by years end..which is a very decent return. You will not get that kind of return from MGA between now and year end.
Bullboard Posts