Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Lake Victoria Gold Ltd V.LVG

Alternate Symbol(s):  LVGLF

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

Bullboard Posts
Comment by Obeahmanon Sep 05, 2014 12:42pm
66 Views
Post# 22910186

RE:RE:RE:Exploration programme

RE:RE:RE:Exploration programmeFirst I want to qualify myself as not being an expert in this sort of thing, but if it was so easy as you folks are suggesting then why could not the company just do that?

Point in case, I just finished building my home. The bank financed it, however they did not give me all the money at once. Ihad to do certain things before any money was advanced. Basically you completed the foundation, the bank will send someone to inspect and if it is OK, a bertain amount of money ws advanced and it was just like this over and over,

Don't you think that Tembo would be facing the same types of hurdles from the financial institutions? I would think so. The laws of the land may just require that certain creteria for mining? I do not know.

There must be some explanation.


Bullboard Posts