Lake Victoria Gold Ltd V.LVG

Alternate Symbol(s): LVGLF

Metals & Mining Gold

Lake Victoria Gold Ltd. is a gold exploration and development company. The Company is principally focused on the prospective Lake Victoria Goldfield in Tanzania. The Company has a 100% interest in the Tembo project which has over 50 thousand meters of drilling and is located adjacent to Barrick’s 20 Moz Bulyanhulu Mine. The Company has one remaining license of 32 square kilometers on the Tembo Project located in northwest Tanzania. Its Imwelo Gold Project is a gold project located in northern Tanzania immediately to the west of Geita Gold Mine of Anglogold Ashanti. The Imwelo Project is held under a Tanzanian mining license ML538/2015 (ML) and includes a primary mining license PML2637 (PML). The ML is approximately 3.85 square kilometers and the PML is 8.5021 hectares. Its Dora License is contiguous to the Imwelo Gold Project. The Dora License (PL11953/2022 of 19 square kilometers) borders the Imwelo Mining License to the west, east and south.

TSXV:LVG - Post by User

Lake Victoria Gold Ltd

Bullboard Posts

Comment by specul8eron Aug 10, 2012 2:33pm

177 Views

Post# 20205038

RE: RE: RE: Trader 033

Hi B2B,

I cannot say with any certainty, but my expectation has been that during the summer doldrums, with VERY little volume and few new buyers, certain traders have been able to coordinate the buying and selling of small lots of shares at specific prices to accommodate their short positions. Whether or not it be true, one thing is for sure, the movement has been positive of late, and seems to reflect more than just shorts buying back to cover. Perhaps there is a movement of new buyers, which is exactly what we need here.

Cheers,

Specul8er

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