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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 behrhunteron Apr 28, 2011 1:17pm
358 Views
Post# 18501603

Tell us how you really feel

Tell us how you really feel
Please dont be shy and hold back now...Tell us how you really feel. Dont feel the need to be civil towards the management...you know they cannnot respond and you are anoymous.  You have the power..for god's sake abuse it.

With all the media coverage in Japan, emotions about Uranium are running high and it affects the sp.

That is the time to buy. Low price, and the fundamentals of Uranium have not changed.  MGA has always being subject to swings, I have been in and out of it more times then I can remember since late 2008.

I t surprise me that the simple fomula of buying low is so often ignored....When the sp is low people lack confidence, so they wait until it rises and try to jump on board,

I look at the potential downside here , and it is not much I dont think. That means the sp is low and itis time to start building a bigger postiion.

BTW.  I got things wrong and took a hit here in the last few monts on some stock, but averaging down now, it is not to bad...Need to see .65 right now to start the climb back up for me...And I think it willin the next couple of months. Patience. And average down.
Bullboard Posts