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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 Oct 27, 2013 11:23am
222 Views
Post# 21852366

RE:RE:Why so cheap?

RE:RE:Why so cheap? Hey no prob! I view it like you do and I already said that i was against reverse split but that being said it was approved by more than60% of the shares....?
i guess , the reality is that you arw right on who is making the money!
thanks for your advise, i will definitly use it. I don't need to learn a lesson as i have been there and done that with Nortel.
i still believe that uranium mrkt will turn around and most of the Companies will recuperate on their SP? You are right mga will probably be delisted by then! 
When you sum up the bottom annual compenstion for senior mgmnt , it is more than what they have in cash... They got the 1M$ deal braker but it does not bring much fresh air...
they will get many shares of Toro but this is not cash! 
The only real value is a sale of asset. This worths around0,20$ per shares altough book value is 0,30$. 
All the stock options are worthless because face value is too high compare to where SP is.
sector is going through consolidation, maybe U3O8 could buy mga or somebody else?
no need of a new name and reverse split. Sell sell sell.
this is my 2 cents. Probably value of the stock...
dyodd a lot of info on this scam is available on the web, just look at 5 yrs SP trend.an image worths a thousand words.
see below and this is public info! 
Mega Uranium Ltd (MGA) Top Compensated Officers
Mr. Sheldon Inwentash B.Comm., CA., CPA, LL.D
Chairman and Chief Executive Officer
Age: 57Total Annual Compensation: C$480.0K
Mr. Stewart Taylor
President and Director
Total Annual Compensation: C$182.7K
Mr. Gerald Morris Feldman CA, CPA
Chief Financial Officer
Age: 54Total Annual Compensation: C$145.0K
Mr. Richard Homsany LL.B (Hons), B. Com, Grad. Dip. Fin & Inv, F Fin
Executive Vice President of Australia
Age: 43Total Annual Compensation: C$484.8K
Mr. Richard J. Patricio LLB
Executive Vice President of Corporate Affairs
Age: 39Total Annual Compensation: C$250.0K

 
Bullboard Posts