TSX Uranium Stock On the Move: Mega Uranium (TSX: MGA) Gains over 44%
Stock Gains Following News State Government Lifts Ban on Uranium Mining in Queensland
Category: Investment, Uranium, Mining
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New York, New York - October 22, 2012 (Investorideas.com Mining stocks newswire) Investorideas.com staff: Investorideas.com, an investor research portal specializing in sector for independent investors reports on trading for uranium stock, Mega Uranium Ltd. (TSX: MGA.TO), trading at $0.18, up 0.06 or 44.00% as of 2:34PM EDT. The stock has traded over 2.1 Million shares with a high of .19, making it number twelve on the top volume traders today.
The Company reported that the Queensland State Government has today announced it will convene a three-member implementation committee to oversee the recommencement of uranium mining in Queensland. The Liberal National Party, led by Premier Campbell Newman, said today's announcement followed sustained public debate on uranium mining in Queensland, and strong support for the uranium industry from the Federal Labor Government.
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