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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 ecolo101on Nov 05, 2013 7:47pm
241 Views
Post# 21879295

People are smoking what???

People are smoking what???While Mega Uranium is trading at a massive valuation to its sum-of-the-parts valuation, it doesn’t fit a traditional conglomerate discount, nor is it too hard to value due to highly illiquid assets. Instead, Mega is an absurdly cheap stock that is wildly under-appreciated and oversold. Given a substantial margin for error, Mega is arguably a defensive way to get exposure to uranium. The risk/reward is quite compelling. If over time the valuation discount were to fall by half, from 76% to 38%, the stock price would rise to about C$0.16. I see this potentially happening within 6 months.

Ok so , we are trading  at 0,06$. And what? It worths what people are willing to pay for it...
i am seating on more than a million shares.  I am a seller starting at 0,08$ !

i won' t go through another fIU ...
go mgmnt go

I have zero fun to see this...

Don't invest in something that you don't understand and here just mgmnt is happy..
shareholdesrs are on shock  ,!!!

 Just wait a year to see where u3o8 will be. For now no need to react!
no need to attrack people tobiy this cheap stock.
thereslittle volume and no rel activity... Just people worries to loose their invenstment...
dyodd

Bullboard Posts