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AWYI on the rise again...
Fantastic job this last month and a half ya'll, Thank You!...
Certainly looking forward to some more, as are others I'm sure... $$$...
Long term in effect, looks like maybe on the rise, eh?
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=50669500
Been kind of "sporting" over the last two and a half, going on three years time hasn't it?
Decent AM'ing job lately 'Surge' & 'clydesur'.
Thanks for all.
Decent AM'ing job lately 'clydesur' & 'Surge'.
Thanks for all.
Let's try and keep it civil here all, deep breaths now.
THIS IS AN OPEN FORUM and frustration abound for/with some, open criticism will be what it is, but have respect for ALL that read this board or post to this board.
Too many posts are leading to, have led to, foolishness.
Please restrain from personal attacks and off-topic things within that realm.
Keep in mind the TOS/TOU's please.
LVCA - Tanzania National Website - Gold:
Gold offers one of the best areas for investment. The current perceived opportunities range from former mines in the Archaean Greenstone belts around Lake Victoria, Proterozoic rocks and conceptual grass root plays in Karoo and younger rocks.
Gold exploration has grown rapidly since the 1990’s using modern technology and refined models. Investigation has mainly been focused on the greenstone belts around Lake Victoria with particular attention on the shear hosted gold mineralization associated with banded iron formations (BIF), tufts and volcano-sedimentary exhalatives.
Several "world class" gold deposits have already been discovered in the Lake Victoria Goldfields and are at different stages of development. These deposits have reached various stages of development.
Gold targets have also been revealed in the Proterozoic rocks in the Southwest of Tanzania. In this case, gold is associated with BIF, and in gneisses and granites in shear zones.
LVCA - Tanzania National Website - Gold:
Gold offers one of the best areas for investment. The current perceived opportunities range from former mines in the Archaean Greenstone belts around Lake Victoria, Proterozoic rocks and conceptual grass root plays in Karoo and younger rocks.
Gold exploration has grown rapidly since the 1990’s using modern technology and refined models. Investigation has mainly been focused on the greenstone belts around Lake Victoria with particular attention on the shear hosted gold mineralization associated with banded iron formations (BIF), tufts and volcano-sedimentary exhalatives.
Several "world class" gold deposits have already been discovered in the Lake Victoria Goldfields and are at different stages of development. These deposits have reached various stages of development.
Gold targets have also been revealed in the Proterozoic rocks in the Southwest of Tanzania. In this case, gold is associated with BIF, and in gneisses and granites in shear zones.
Tanzania National Website - Gold:
Gold offers one of the best areas for investment. The current perceived opportunities range from former mines in the Archaean Greenstone belts around Lake Victoria, Proterozoic rocks and conceptual grass root plays in Karoo and younger rocks.
Gold exploration has grown rapidly since the 1990’s using modern technology and refined models. Investigation has mainly been focused on the greenstone belts around Lake Victoria with particular attention on the shear hosted gold mineralization associated with banded iron formations (BIF), tufts and volcano-sedimentary exhalatives.
Several "world class" gold deposits have already been discovered in the Lake Victoria Goldfields and are at different stages of development. These deposits have reached various stages of development.
Gold targets have also been revealed in the Proterozoic rocks in the Southwest of Tanzania. In this case, gold is associated with BIF, and in gneisses and granites in shear zones.
Tanzania National Website - Mining:
Mineral Resources Endowments
Diamonds
Gold
Base Metals and PGM
Ferrous Metals
Tin-Tungsten
Gemstones
Carbonates
Coal
Industrial Minerals
Mineral Sector Policy
Mineral Sector Legal and Regulatory
Mineral Sector Reforms
Professional Associations
Mining sector contributes about 2.3 per cent of the GDP, which is projected to account 10 per cent in 2025 as stated in the Development Vision 2025. It is one of the leading components in generating foreign exchange earnings within the non-traditional exports. Further is has great potentials for employment opportunities and spearheading for both the forward and backward linkage of the Tanzania’s economy.
Mineral Resources Endowments
Tanzania has a great potential particularly for gold, base metals, diamonds, ferrous minerals and a wide variety of gemstones, some of, which are unique such as tanzanites. Coal, uranium, and various industrial minerals such as soda, kaolin, tin, gypsum, phosphate and dimension stones are available at an attractive economic rates. The following are minerals that has attracted most interest in the recent years:
Gold found in greenstone belts located in the east and southern of Lake Victoria, and rock formation in southern and southwestern of the country;
Basemetals found in a belt running from Kagera through Kigoma to Mbeya, Ruvuma and Mtwara regions, and,
Gemstones, which are found in eastern and western belts running from Kenya border in the northern part to Mozambique in the south and Mbeya and Rukwa regions.
Gold and diamonds have always been the mainstay of the country’s mineral production. Brief explanation is provided below for easy reference.
Yes they are, imagine what's to come?
LVCA is pushing the bollies even higher this week!
With the recent public corporate conference calls with the CEO, latest news released, anticipated direction of the corporation as a whole, expected pps target, etc., especially the desired, planned uplisting to AMEX, looks like there may be quite a bit more to come.
Gotta love it!
LVCA is pushing the bollies even higher this week!
With the recent public corporate conference calls with the CEO, latest news released, anticipated direction of the corporation as a whole, expected pps target, etc., especially the desired, planned uplisting to AMEX, looks like there may be quite a bit more to come.
Gotta love it!
PPS has moved up +88% from yesterday's low to today's high, and a solid +28.8% from Friday's to today's market hours close numbers.
Real nice, don't ya think?
Saw that as well, all "T-trades", last .62, mm's held and settled those dozen.
True close was and is .62 today, isn't it!.
Certainly have to give respect, and gratitude, to a corporate CEO willing to spend the time on an open public conference call to answer questions and update shareholders as to the direction, future and anticipated, desired expectations of the corporation for/to the benefit of all, you know what I mean?
And agreed 'Hammer', solid green day and real deal.
Look forward to it, been doing that, Thanks 'bud'.
Asked the same just a bit earlier 'lucyinthesky'. We'll see who/what comes forward as things continue to transpire here..?
Conference call question (synopsis?)
Would/could anyone that was on the conference call, have or could, post a synopsis of the conference call for all of us that weren't available to listen in, (missed it)?
It sure would be appreciated.
Ssswwweeeeettt!! Expecting and anticipating the PPS to continue upward to a sustainable level that qualifies, with corporate growth, to meet the requirements to move to AMEX is exceptional news for all us shareholders!
Was stated by the CEO on the CC, correct?
LMAO, a wise-guy, eh? With the trading action and excitement I'm gathering that!
Conference call question (synopsis?)
Would/could anyone that was on the conference call, have or could, post a synopsis of the conference call for all of us that weren't available to listen in, (missed it)?
It sure would be appreciated.
LVCA - Lake Victoria Plans Detailed Exploration Prior to Selecting Gold Drill Targets at Singida-Londoni Project, Tanzania
On Tuesday May 25, 2010, 9:05 am EDT
GOLDEN, COLORADO--(Marketwire - 05/25/10) - Lake Victoria Mining Company, Inc. (OTC.BB:LVCA - News) - In preparation for drill targeting and the mobilization of a drill rig to Singida-Londoni Gold Project, detailed exploration work will begin shortly. This will maximize any dollars that may soon be spent on planning and implementation of an initial drill program on a pathway to a proven resource or gold production. Lake Victoria wishes to elaborate on the exploration works required at their Singida-Londoni project in central Tanzania.
At Singida-Londoni gold project, artisanal mining has been focused on a number of outcropping narrow gold-bearing quartz veins that strike for a length of +7km within a major northwest-southeast shear belt. These veins occur as boudins forming "pinch and swell" structures along strike within the shear zone. The shear zone has an average width of 1.4km. Electrical gradient array IP surveys (News Release 17 May 2010) indicated that a number of subsurface resistive bodies, thought to represent quartz veins, occur beneath the land surface covering some 400m width of the shear zone and as such would not have been identified by the artisanal miners. In such greenstone belts, the gold bearing quartz veins often occur as en echelon "packages" or "ladder vein sets" that may be formed within or discordant to the shear fabric. These sets often exhibit plunges or "ore shoots" and needed to be accounted for in creating the geological model and incorporated within any subsequent drill program.
In order to understand the overall distribution of subsurface gold bearing quartz veins, a soil sampling program has been designed on 400m spaced north-south sections with a sample interval of 50m to define the concentration of gold in the overlying soils. Sampling is to commence in the northwest corner of the licence in early June 2010, where a number of small scale mining licences (PMLs) are currently under exclusive option to LVCA, and continue across to the southeast corner of the project. A total of 700 samples will be initially collected and assayed for gold by Aqua Regia Digest Solvent Extraction at the SGS Laboratory in Mwanza.
The sampling program, consisting of 14 traverses amounting to 33.8 line-km, is expected to be completed by the end of the 2nd to 3rd week of June. However, samples will be submitted to the laboratory on a weekly basis and results should start to be made available by mid-June. Results are expected to indicate the presence of a number of gold-in-soil anomalies which would suggest the existence of subsurface gold bearing quartz veins and which in turn may be found to correlate with the IP anomalies. Once all the results of the program have been received, the geochemical data can be reviewed in its entirety and the implementation of the follow-up infill soil sampling can immediately begin across selected areas of the project. Currently this is planned on a 200m spaced section across the gold anomalies with the aim of further defining the concentration of gold anomalism. An additional 150 samples are expected to complete this phase of soil sampling by the end of June with results being available towards mid-July.
Mapping of the regolith, topography and soils form an integral part of the program in order to later understand the value of the soil result.
During the 1st phase of regional soil sampling, detailed mapping and channel sampling of the sidewalls of some of the artisanal pits will be undertaken in an attempt to understand the nature and structural controls of the gold bearing quartz veins. This will be further assisted by undertaking a number of short trenches of 1m wide by +10m in length, especially along strike from the mined quartz veins to determine the extend or "halo" of gold mineralization within the sheared rocks.
Once an assessment of the results of the soil geochemical sampling program has been made, trenching would be undertaken across the "eyes" of the anomalies along the north-south sections in order to further define the nature and cause of the soil anomaly as well as provide an in situ surface value of gold concentration. A total of 500 meters of trenching has been budgeted to fulfil this phase of exploration and will take 1 to 2 weeks to complete. The information, derived from detailed mapping of the trench walls, will provide invaluable insights into the geology and structure that host the gold mineralization, and in turn will contribute to the building of the geological model.
Depending upon the thickness of the overlying soils, trench depths will vary between 1 to 3m and may be up to 50 to 100m in length, especially if the results of infill soil sampling reflect a wide surface anomaly. Where saprolite is present beneath the soil or laterite cover, trench depths will commonly extend to 3m.
Although the in-situ rocks are often decomposed within the saprolite horizon, the structural imprint is often well preserved and is measurable. Horizontal channel samples of 2m will be collected along the sidewall just above the base of the trench and submitted for Fire Assay analysis at SGS Laboratory, Mwanza.
All these work results could later be incorporated into an ore resource calculation should it be found from subsequent drilling that a resource is present, with the aim of establishing an initial inferred resource that would be acceptable within the guidelines of the CIM 43-101 reporting practises.
Positive drill results will represent an important milestone for Lake Victoria on the path towards a proven resource or gold production.
LVCA - Lake Victoria Plans Detailed Exploration Prior to Selecting Gold Drill Targets at Singida-Londoni Project, Tanzania
On Tuesday May 25, 2010, 9:05 am EDT
GOLDEN, COLORADO--(Marketwire - 05/25/10) - Lake Victoria Mining Company, Inc. (OTC.BB:LVCA - News) - In preparation for drill targeting and the mobilization of a drill rig to Singida-Londoni Gold Project, detailed exploration work will begin shortly. This will maximize any dollars that may soon be spent on planning and implementation of an initial drill program on a pathway to a proven resource or gold production. Lake Victoria wishes to elaborate on the exploration works required at their Singida-Londoni project in central Tanzania.
At Singida-Londoni gold project, artisanal mining has been focused on a number of outcropping narrow gold-bearing quartz veins that strike for a length of +7km within a major northwest-southeast shear belt. These veins occur as boudins forming "pinch and swell" structures along strike within the shear zone. The shear zone has an average width of 1.4km. Electrical gradient array IP surveys (News Release 17 May 2010) indicated that a number of subsurface resistive bodies, thought to represent quartz veins, occur beneath the land surface covering some 400m width of the shear zone and as such would not have been identified by the artisanal miners. In such greenstone belts, the gold bearing quartz veins often occur as en echelon "packages" or "ladder vein sets" that may be formed within or discordant to the shear fabric. These sets often exhibit plunges or "ore shoots" and needed to be accounted for in creating the geological model and incorporated within any subsequent drill program.
In order to understand the overall distribution of subsurface gold bearing quartz veins, a soil sampling program has been designed on 400m spaced north-south sections with a sample interval of 50m to define the concentration of gold in the overlying soils. Sampling is to commence in the northwest corner of the licence in early June 2010, where a number of small scale mining licences (PMLs) are currently under exclusive option to LVCA, and continue across to the southeast corner of the project. A total of 700 samples will be initially collected and assayed for gold by Aqua Regia Digest Solvent Extraction at the SGS Laboratory in Mwanza.
The sampling program, consisting of 14 traverses amounting to 33.8 line-km, is expected to be completed by the end of the 2nd to 3rd week of June. However, samples will be submitted to the laboratory on a weekly basis and results should start to be made available by mid-June. Results are expected to indicate the presence of a number of gold-in-soil anomalies which would suggest the existence of subsurface gold bearing quartz veins and which in turn may be found to correlate with the IP anomalies. Once all the results of the program have been received, the geochemical data can be reviewed in its entirety and the implementation of the follow-up infill soil sampling can immediately begin across selected areas of the project. Currently this is planned on a 200m spaced section across the gold anomalies with the aim of further defining the concentration of gold anomalism. An additional 150 samples are expected to complete this phase of soil sampling by the end of June with results being available towards mid-July.
Mapping of the regolith, topography and soils form an integral part of the program in order to later understand the value of the soil result.
During the 1st phase of regional soil sampling, detailed mapping and channel sampling of the sidewalls of some of the artisanal pits will be undertaken in an attempt to understand the nature and structural controls of the gold bearing quartz veins. This will be further assisted by undertaking a number of short trenches of 1m wide by +10m in length, especially along strike from the mined quartz veins to determine the extend or "halo" of gold mineralization within the sheared rocks.
Once an assessment of the results of the soil geochemical sampling program has been made, trenching would be undertaken across the "eyes" of the anomalies along the north-south sections in order to further define the nature and cause of the soil anomaly as well as provide an in situ surface value of gold concentration. A total of 500 meters of trenching has been budgeted to fulfil this phase of exploration and will take 1 to 2 weeks to complete. The information, derived from detailed mapping of the trench walls, will provide invaluable insights into the geology and structure that host the gold mineralization, and in turn will contribute to the building of the geological model.
Depending upon the thickness of the overlying soils, trench depths will vary between 1 to 3m and may be up to 50 to 100m in length, especially if the results of infill soil sampling reflect a wide surface anomaly. Where saprolite is present beneath the soil or laterite cover, trench depths will commonly extend to 3m.
Although the in-situ rocks are often decomposed within the saprolite horizon, the structural imprint is often well preserved and is measurable. Horizontal channel samples of 2m will be collected along the sidewall just above the base of the trench and submitted for Fire Assay analysis at SGS Laboratory, Mwanza.
All these work results could later be incorporated into an ore resource calculation should it be found from subsequent drilling that a resource is present, with the aim of establishing an initial inferred resource that would be acceptable within the guidelines of the CIM 43-101 reporting practises.
Positive drill results will represent an important milestone for Lake Victoria on the path towards a proven resource or gold production.
Chuckle, sure do. - Gold! - Info
Gold is one of the chemical elements. Gold's chemical symbol is Au and its atomic number is 79. Its chief characteristics are that it is inert and malleable. Inert means gold does not interact with other chemicals or compounds. Gold doesn't tarnish and even the strongest acids have no effect. Thus, gold lasts forever - and stays shiny the whole time!
Gold has many industrial uses, but its main historical uses have been for jewellery and money - both are a store of value. Gold has been used as a store of value for at least 5000 years. Gold is measured and prices are quoted in Troy Ounces and Grams. As an example of gold's ability to store value, 2000 years ago one ounce of gold would buy a fine man's outfit. Today one ounce of gold will still buy a good quality man's wool suit with enough left over to buy a few shirts, a tie, some underwear, socks, a pair of shoes and a belt!
Gold has been called a "barometer of fear." When people are anxious about the economy - they turn to gold and bid the price up. The two main things that make people anxious are deflation and inflation. Most think that deflation is "falling prices" and inflation is "rising prices." Actually, rising and falling prices are symptoms. The root causes are decreases (deflating) or increasing (inflating) of the money supply. Gold has the remarkable ability to store value in both deflationary and inflationary times.
The correct way to think about owning gold is as insurance. Gold is a store of value virtually independent of economic conditions. Unlike shares of a company or government bonds - gold will always retain value. Gold's most important use is insurance against the paper (fiat) currency of the country you live in. Almost every country has had at least one major "currency crisis" over the last one hundred years. Those that had some of their wealth in gold survived. Unfortunately many people saw their saving become worthless - sometimes in a matter of days.
So, think of gold as insurance. Do not think of gold as a way to "make money." Do not try and "time the market." It is better to buy gold in small amounts regularly, every month for example, over a period of time.The percentage of your total wealth devoted to gold is a personal decision and depends on your particular situation. A conservative goal would be ten percent. In times of uncertainty the percentage should be much higher.
Do not worry about selling gold when that time comes. Gold is recognized and valued everywhere in the world. It is easier to sell gold than to buy gold! Of course gold can be used in barter or trade as it has for thousands of years.
To summarize, gold is an insurance policy against economic uncertainty. Gold can protect against both deflation and inflation. Everyone should store some of their wealth in gold if at all possible.
LVCA - Gold
Gold is one of the chemical elements. Gold's chemical symbol is Au and its atomic number is 79. Its chief characteristics are that it is inert and malleable. Inert means gold does not interact with other chemicals or compounds. Gold doesn't tarnish and even the strongest acids have no effect. Thus, gold lasts forever - and stays shiny the whole time!
Gold has many industrial uses, but its main historical uses have been for jewellery and money - both are a store of value. Gold has been used as a store of value for at least 5000 years. Gold is measured and prices are quoted in Troy Ounces and Grams. As an example of gold's ability to store value, 2000 years ago one ounce of gold would buy a fine man's outfit. Today one ounce of gold will still buy a good quality man's wool suit with enough left over to buy a few shirts, a tie, some underwear, socks, a pair of shoes and a belt!
Gold has been called a "barometer of fear." When people are anxious about the economy - they turn to gold and bid the price up. The two main things that make people anxious are deflation and inflation. Most think that deflation is "falling prices" and inflation is "rising prices." Actually, rising and falling prices are symptoms. The root causes are decreases (deflating) or increasing (inflating) of the money supply. Gold has the remarkable ability to store value in both deflationary and inflationary times.
The correct way to think about owning gold is as insurance. Gold is a store of value virtually independent of economic conditions. Unlike shares of a company or government bonds - gold will always retain value. Gold's most important use is insurance against the paper (fiat) currency of the country you live in. Almost every country has had at least one major "currency crisis" over the last one hundred years. Those that had some of their wealth in gold survived. Unfortunately many people saw their saving become worthless - sometimes in a matter of days.
So, think of gold as insurance. Do not think of gold as a way to "make money." Do not try and "time the market." It is better to buy gold in small amounts regularly, every month for example, over a period of time.The percentage of your total wealth devoted to gold is a personal decision and depends on your particular situation. A conservative goal would be ten percent. In times of uncertainty the percentage should be much higher.
Do not worry about selling gold when that time comes. Gold is recognized and valued everywhere in the world. It is easier to sell gold than to buy gold! Of course gold can be used in barter or trade as it has for thousands of years.
To summarize, gold is an insurance policy against economic uncertainty. Gold can protect against both deflation and inflation. Everyone should store some of their wealth in gold if at all possible.
Agree... LVCA - Accumulation(A/D), On Balance Volume(OBV) and Chalkin Oscillator(ChiOsc) direction have been impressive.
Technical indicators seem to show that most are wanting a piece of the action and anticipating more to come going forward with the company, don't they?
More to come here it looks like.
Oh yeah, sure looks like someone(s) is(are) expecting something, doesn't it?
Getting all "tingley" in anticipation to find out, chuckle.
LVCA volume moved strong the last hour and a half into the EOD, didn't it?
65-70,000 during that timeframe, wasn't it?
Nice close .52 +8.33%.