Lake Victoria Gold Ltd LVGLF

Primary Symbol: V.LVG

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.

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Lake Victoria Gold Ltd > Tembo Gold

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Comment by Brianw21on Jan 01, 2021 2:28pm

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Post# 32207629

RE:RE:RE:Tembo Gold

Happy New Year! The company is in a relatively good financial position. They are looking for elephants in elephant country. The Board is motivated to advance the business plan this year and any stock manipulation from previous shareholders is now cleared out. (or atleast appears that way). I have not bought any additional...I only hold about 35000 shares right now but if there is some activity soon I may add to the position. 10X is more fundamental and not technical based on float size, historic move to a commodities bull market and current price of gold. A little positive press release and 5X to 10X is not a reach. Also I dont think many people are looking at this stock right now which is always good. IMHO

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