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« LARAMIDE RESOURCES LTD: Up 3.8% since our July purchase. | Main | CAMECO CORPORATION: ready to move higher? »

MEGA URANIUM LTD: up 9.5% and will do better.

Mega has started really well for us but we are expecting bigger things from this classy uranium stock.

Having invested in this stock at $8.0 Canadian on the TSX the stock has since gone through a 2 for 1 split so we have effectively paid $4.0 for this uranium play.

Nuclear energy is coming to us all and much faster than the market thinks it is.

Those stocks with their foot on the best uranium properties will be the big winners.

Mega has recently reported that its Joint Venture partner Red Hill Energy Inc, has commenced drilling in the Baganurat Property, in Mongolia. We will be tracking their progress in this area of the world with great interest.

It should be noted that Red Hill has 11 Uranium properties covering 216,170 hectares, which exposes our investment to the possibility of new discoveries. Yes, yes, yes.

04 September 2006

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