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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 TheRajon Jan 13, 2017 6:12pm
226 Views
Post# 25706949

Friday was a good week ending trade day

Friday was a good week ending trade day
MGA grew steadily all week and finished very strong with the highest weekly average volume stock in the uranium sector.

From what I can tell (from visible posts here) many retail MGA investors own tons of shares and they will be very well rewarded for their high position. congrats to all of you. I don't think I, myself, will make a million bucks with MGA, but this stock will just be another stepping stone to getting there.

I hear many institutional investor saying that this positive run of the markets will come to a screetching halt the day aftee Trump is sworn in> many sectors might feel the crunch but IMO the energy sector, and med. & rec. marijuana, will be two of the very few exceptions.

PM Trudeau expressed his party's intenion today by saying that under his administration he expects the Oilsand (from Alberta) to be phased out and to be replaced by cleaner energy (nuclear I imagine as this seems to be the big global push, especially by the U.N. and is backed and promoted by the biggest philanthropists type moguls on this planet ... Buffet, Gates, et all.

Currently only 19% of electricity produced in the U.S. is from nuclear, and in Canada that figure is a bit lower, 16%. Trump clearly stated he'd like that figure to go up in the U.S., and from what I can tell by reading betwwen the line, Justin would also see this percentage rise in Canada.
Bullboard Posts