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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 stardust33on Jun 01, 2011 6:28pm
238 Views
Post# 18659101

NOT FOR GOODFELLOW`S EYES

NOT FOR GOODFELLOW`S EYES

Mega Uranium Ltd.

TICKER: TSX:MGA

Visit Company Website

Mega Uranium Ltd. is a rapidly growing and internationally diversified mineral resources company with a successful track record of obtaining quality uranium deposits and uranium-prospective properties worldwide. The company has uranium resources in Australia, Canada and read more


The information provided below is from analysts, newsletters and othercontributors. Please contact the company and visit its website beforemaking an investment decision.

Expert Analysis

Michael Filloon, Seeking Alpha(5/25/11)"Mega Uranium has a $114.25M market cap and two Australian projects infeasibility and prefeasibility stages, with other exploration projectsin Australia, Cameroon and Canada. Mega is currently focusing on twoprojects—Lake Maitland and Ben Lomond—Lake Maitland has a 23.8 Mlb.indicated and 2.2 Mlb. inferred resource, while Ben Lomond has 7.9 Mlb.indicated and 2.8 Mlb. inferred (the Lake Maitland mine and processingfacility will be completed in 2013). . .Mega is currently preparing afeasibility study and working on final federal and state mine approvals;the company is positioned in a very nice area, with access to Japan'sdeveloped nuclear program. . .it also has access to South Korea's andChina's growing nuclear programs."

The Energy Report Interview with Geordie Mark(5/3/11)"We cover Mega Uranium, which has a project in Lake Maitland[Australia]. It's in the advanced permitting-application phase. It'sattempting to win a mine permit for production around 2013 or so. Thiswould be a small-scale mine at about 1.65 Mlb. per year. . .If long-termprices hold where they are—just north of $70/lb.—it would make anattractive proposition."More >

Bullboard Posts