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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 Cdninvstron Mar 06, 2010 3:55pm
337 Views
Post# 16851810

RE: RE: RE: Be Patient...In The Meantime...

RE: RE: RE: Be Patient...In The Meantime...This is the time to buy into uranium. Buy low sell high, the sky is falling, fear and greed...you know the game. I bought Penn West when oil was down...made money..bought Methanex when methanol was down...made money...bought Huntsman Chemical when they were down......made money...bought Precision Drilling when it seemed no one would drill...made money...bought Sino-Forest when the market was bad...made money...bought Nova Chemical because the share price was stupid cheap..made a lot of money. Bought Bank of America when everyone thought it was going under....made money. I make money buying when others are selling. You can convince people to buy, because I'm buying MGA...or you can make the case for selling as you are...but why sell this stock at a loss if you bought in at 2 bucks?....average down is the nameof the game...if this dips into the 50's I'm a buyer. Tell you what I'm NOT buying these days...Penn West, Huntsman, Methanex, Sino-Forest, Bank of America, Precision Drilling..... We've had our day in the sun, now its time to buy uranium and be patient...the Canadian and US governments are now on board with a generalized uranium recovery strategy...not unlike what they did for the Banksand Oil. Now is the worst time to sell your uranium investments...as you said it takes years to bring these reactors online...I guess you think these forethinking entities will shop for uranium when they cut the ribbons on these facilities? We'll see whose right in six months. I'll be here, I wonder if you will.
Bullboard Posts