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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 81toyotaon Sep 10, 2017 8:49am
111 Views
Post# 26676795

RE:What da fawk is wrong with this stupid stock???

RE:What da fawk is wrong with this stupid stock???
No one should be buying any uranium stock without a timeline of at least a few years. I am even or down on most of my uranium holdings. Thats ok though as this is the time to accumulate more, especially on days where single stocks drop 10-15% for no reason whatsoever. When it comes to Mega, how I decide if its a good time to buy is I made a spread sheet with the share prices and quantities of shares for Mega, Nexgen, and Toro, plus Mega's debt, and cash and property. When I'm thinking of buying I update the share prices to see how good of a deal Mega is. Once the Uranium market gets going, Mega should be worth at least their book value.
Bullboard Posts