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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 ecolo101on Aug 18, 2013 11:56am
411 Views
Post# 21679293

RE:RE:Bullish?

RE:RE:Bullish?I agree 100%! My only concern is that the final name staying alive will be mega (mga) and so far they have not been able to show that they can generate value on stock price(SP).
finding which one to pick, my preference would be on RGT. 
Because their shareholders have the balance of power on the vote.
forget about mga for now as it can take many many years before they go back up and on top they will  do a reverse 10:1 shares split to consolidate and reduce the offer of shares on the market.
often after a reverse split shares go down another 30-40% down.
mega shareholders are in for a bad wave. It could be the perfect storm on this one.
I am over exposed on mga unfortunately. I wish I would have been able to capture rgt on the drop but my cash is trapped in mga. Glta.

Bullboard Posts