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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 ecolo101on Mar 18, 2010 11:05am
557 Views
Post# 16897931

A few months ahead of lifting

A few months ahead of liftingJust hang in there as the big institution will start to take position for their yearly bonus before end of May and uranium being at the bottom it will be a quick ride for them! Just be smart and hold or take a position before them. You will enjoy the ride up!!! Don't forget end of first quarter is already here and we have more indication that things improve slowly but surely..
Energy cost to rise over the next few years, this is a reality. Energy consumption is not going down worlwide, it is going up... It is driven by China, India and others which want to improve their living.
Offer/demand ratio is the key and when people will look into uranium and decide to get on board like the last time it will be fun. MGA should be at least  0,85$ which was their last emission price. If you add value to uranium price than it is norh of 1,25$ quickly.
Not here to spark as I am long on this one, it is part of my retirement strategy! Good luck all!
Do your own dd!
Bullboard Posts