Mega Uranium Ltd T.MGA

Crystal Ball

[Cupcakevb]

Any long time sufferers out there that have an "educated guess" as to where this may go? I'm finally "in the green" after many years of red so happy with that. Honestly thought it would be higher if I ever saw uranium at over $100.00 again but understand as a "holding company," we can only go as high as the value of our assets. 

Still in for a longer haul and hoping for a life changing payoff!! GLTA

[dogatcat]

Sprott Asset Management is increasingly bullish on uranium, as governments shift back to the metal as a clean energy source. Sprott has two uranium trusts and a pair of uranium exchange-traded funds (ETFs) available for investors, as the commodity-focused investment firm works to convince investors there’s value in the once-ignored metal.  “We’ve obviously been very active in terms of

[dogatcat]

All based on the price of uranium.   Seems to be pulling back from 50 cents today

[Cupcakevb]

Nexgen (our biggest holding) is getting back to near all time highs. Mega lagging behind barely breaking $0.40 from recent highs in the 50's. A concern in my book. 

[Contrarian333]

Why is that a concern?

[dogatcat]

I don't share your concern here.  These holding companies often play catch up when the underlying security holdings go up (or down).  Mega was down at 20 cents for a long time even when NXE moved hire.   This is just a lag that happens.  Signals to others that they are missing out on a bargain.