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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 TheRajon Jan 19, 2017 5:29am
116 Views
Post# 25726592

RE:Simply Put

RE:Simply Put
Agent 9999,

As the uranium sector continues its push into higher commodity prices expect the BS investment news media outlets to spread bigger fear stories so to get bigger volumes of trades in order to make it easier for the II's to make their big purchases.

And don't forget about the shorts .... remeber that if you keep putting your shares up for sale (safe zone of a 100% mark up) then the banks/brokers/II's can't use/borrow your shares for shorting. This means their will be less shares available for shorting, which is a positive for us longs.

As for marijuana I am invested (and would easily recommend) Aurora Cannabis (ACB.v) as it's well on its way to becomming a dominant producer and seller of marijuana (for medical and recreational), and they will soon be into producing and selling cannabinoids (marajuan oils for the soon to be tens of thousands of people who wish to vape the product instead of smoking it like a traditional cigarette). I personnaly believe they are well placed to become a top leader in the marijuana industry ... I would even go as far as to say they will be a top Blue Chip company one day ... perfect company for long term retirement investment. But there as so many little start ups out there, but beware. I would say that only 1 out every 5 start up marijuana companies will become successful, so dyodd and chose wisely.
Bullboard Posts