Seeing as I believe the #uranium price is gonna rip shortly. I want some torque. Along with having some micro cap like $vui.v I decided to buy some $mga.to I hadn’t looked at it much at all this cycle but was put onto it by my old buddy Matt!
$mga is an interesting little #uranium play / company as they own close to ~$90mln with of $NXE but thier market cap is only ~$70mln they have some other small investments but several interesting deposits that in all honesty I haven’t done much work on yet.
But both its cap and share price are small and it’s just nuts to see a uranium junior trading below the value of their investment in another quality senior uranium company that I also own and like.
Anyhow. I figure its worth buying some as since they have been around since the last cycle I’d expect their land holdings and prospects should be decent and unlike most juniors they are flush with cash to drill and advance the assets.
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