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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 Jan 05, 2012 3:56am
474 Views
Post# 19371556

Smart Move

Smart Move

You shound like a smart investor.  Easy to buy. Sometimes not so easy to know when to sell, and if it means a loss, people get very afraid to push the sell button.Smart investors know you can not pick them 100% of the time, and play the averages.

It does look like they have made some rather impetious decisions, but I think the good news maybe that there are deals out there right now to be had. A tough call, when financings are difficult, to spend money that could go to exploration and development on acquistions.  We will see how wise a move it was soon. I would think.

The market is in a funk.  U stocks are no longer the flavor of the month.  I do think the market will bump up in 2012, though maybe not like in the past.  I have been in and out of this stock. Made lots in 2009 lost some last year. 

Even the premier U stocks are not doing very well right now. And the demand for Uranium is still increasing.

Will that translate into sp increase for this company.?  I think it is about timing.

 

 

Bullboard Posts