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That's what I said "NYSE", there are certain criteria needed to be met, not sure what they are now but, it used to be minimum $2.00 for one year. They are currently listed on the American exchange as OTC (basically a penny stock), not on a main exchange anymore.
I believe a stock needs to trade above $2.00 for a period of time before being listed on NYSE, I don't know if it would be different with Claude since they were already once listed?
What to expect for Q4 results.
Update: Claude Resources Reports Declining Q4 Production, Flat Year-Over-Year 2015 Production Guidance
http://seekingalpha.com/article/2810755-update-claude-resources-reports-declining-q4-production-flat-year-over-year-2015-production-guidance?uide=27008583&uprof=45&dr=1
Geo, Thanks for your read on LSG, The bulk of my shares are in Claude, I am mildly invested in LSG and will probably sustain that position based on their production numbers location and management team, but your analysis does offer some re-enforcement. Here is a pretty encouraging article for everyone I came across regarding Claude's future.
http://pennystockexperts.com/secrets-almost-claude-resources-ready-fly/
Two words Geo: market makers...
LSG is a good one with more than twice the production...
Claude Insider buying last few weeks!
Dec 22/14 Dec 22/14 Skanderbeg, Brian Neville Direct Ownership Common Shares 10 - Acquisition in the public market 12,800 $0.290
Dec 22/14 Dec 22/14 Hicks, Ronald J. Direct Ownership Common Shares 10 - Acquisition in the public market 53,000 $0.295
Dec 19/14 Dec 19/14 Hicks, Ronald J. Direct Ownership Common Shares 10 - Acquisition in the public market 47,000 $0.285
It would suck to sell any major amount now and have it not go back down (one of these days it won't) to repurchase, I only have 150K.
Nice steady climb to .28 today, lots of value here.
Not interested in any more @.24? It shouldn't be here much longer, I got in @.54 (I was sure that was the bottom as well)and have averaged down to .38
That may take some time, have you averaged down at all?
Yep, the blatant in your face admitted manipulation of GLD/SLV paper is destroying this sector.
Yep, be patient...
Stay tuned, gold bugs will be vindicated, things are really starting to heat up!
http://www.zerohedge.com/news/2014-08-27/gazprom-begins-accepting-payment-oil-ruble-yuan
Stay tuned, gold bugs will be vindicated, things are really starting to heat up!
http://www.zerohedge.com/news/2014-08-27/gazprom-begins-accepting-payment-oil-ruble-yuan
Volume and price stability are both improving, just waiting for sheeple to wake up to the lies about inflation and we're off to the races.
I'm sure its roughly the same scenario at the TSX as well.
Nice, then you could buy that new bass boat!
PS...Ain't gonna happen anytime soon, (has to trade at $2.00 for extended period to be listed on NYSE) besides LVCA was at $1.40 previously on this exchange, when it gets anywhere near 1/2 that again, I'm gone.
I hope 4000oz per/year is enough to get us into double digits.
http://finance.yahoo.com/news/lake-victoria-receives-mining-license-150500484.html
License in hand, up .02 so far, lets see if they can follow through.
Where the f***k are all these incoming funds going to?
We are at 72 million for the last 14 months WTF!
This makes it 22 million since McMillan announced retirement!
What is this, nothing but a dirt bag lifestyle company now?
How about a meaningful announcement, like a new CEO for example!
Who delists themselves???? NOBODY!!!! If they have to wait for $2.00 again to relist, we are DONE! Jackasses!
Yep, what a short sighted moronic decision that was, to save a few thousand bucks...
The US stock market is being exposed globally for the fraud that it is, there are cracks appearing everywhere and the Fed is loosing its ability to hide them any longer. Investors are taking their profits and the Fed is beginning to finally admit (by their tapering actions) that the Trillions in QE over the past 5 years has been a dismal failure that only benefited the top 5%, should I go on or are you starting to get the picture....
Paystreak, As I recall from an earlier video they are initially shooting for 300 tons per/day production at 1.21gpt = 12 oz/per day x $1250 per/oz = $15,000 x 300 days = $4.5 million per/year - production costs? Does this sound close or am I way off? What do you estimate their all in cost per/oz will be?
I just posted a link...
Looks like we are on the move...finally!
http://blog.lakevictoriaminingcompany.com/
How much do you think this is going to save them a year $75,000-$100,000? that's nothing compared to the damage done to CGR's market cap. They just got financing for up to 50 million, you mean that cash is gone already? WTF is going on, are they TRYING to destroy their stock value? This is such a short sighted move, what do they think is going to happen when Janet Yellen becomes fed chair in January? She is going to shift the printing presses into overdrive and gold could easily go right back to $1700 or higher and we'll be trading in the pinks, that'll be just f**ing great...idiots!
No they will not be worthless, they will still trade normally on the TSX, read the press release....
Yeh, I'm trying to be patient and positive, its tough though with asinine moves like this, and to think I was concerned about CGR being forceably delisted due to the low pps.
Out of all my junior pics, CGR is the only one that not only closed green today but, gained almost .01
Well, they are still stocks and as such are still tied some what to the Dow, which is currently down -135.
Obviously there is profit taking across the board but high volume should keep pps from dropping as before.
Nice volume lately, as soon as the higher producing juniors (BRD, LSG) start to get a bit pricey, CGR will look more and more attractive at these levels.
A news release or Media Room update would be nice while gold and other juniors are currently rising....
Still moving forward, timing is everything, LVCA needs to be already producing when the gold price turns around.
Lake Victoria Reports Progress at Kinyambwiga Gold Project Tanzania, East Africa
Files Official Environmental Report
Business WirePress Release: Lake Victoria Mining Company, Inc. – 2 hours 52 minutes ago
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VANCOUVER, British Columbia--(BUSINESS WIRE)--
(LVCA:OTCBB) Lake Victoria Mining Company is pleased to provide an update on the progress of acquiring a Mining License for its open pit gold mining project near the town of Bunda in northern Tanzania. On Friday, August 2nd the Company completed and filed with the Tanzanian government the required Environmental and Social Impact Assessment Report (ESIA). Acceptance of the ESIA report is necessary before the government can move towards awarding a mining license.
TANSHEQ, an experienced Tanzanian consulting firm specializing in environmental management, was awarded the contract to complete the Environmental Impact Assessment study for an open pit gold mine at Kunanga 1 (K-1), a location within the larger Kinyambwiga project area (Refer to Press Release 19th December 2012).
Field work by TANSHEQ commenced immediately, and by March 2013 a Baseline study and a preliminary Environmental Impact Assessment report was completed and submitted to the Tanzanian Government’s National Environmental Management Council (NEMC). Based upon this report, NEMC conducted a field investigation in May 2013; during this investigation, both environmental and social aspects of the project were discussed with local and government stakeholders. Various issues were resolved which led to finalizing technical requirements contained in the draft report.
During this time, the Company met with the Ministry of Mines, Environment, Lands and Water and with local inhabitants who might be affected by the project. After many meetings with the government’s District representatives, the village council and the inhabitants, the majority stakeholders voted in favor of the planned project.
Additional Property
The Company, through its 100 percent owned Tanzanian subsidiary, has applied and been granted an additional 15 Primary Mining Licenses (PML’s), adjoining and covering the area immediately south and north of the current 24 PML boundary. These 15 additional PMLs include at least 2 new gold occurrences known as Kunanga 2 (K-2) and 3 (K-3). The area enclosed within the Company’s PML’s now totals 3.44 square kilometers, and will support conditions and terms within the ESIA report as well as requirements for a Mining License application.
The ESIA report has been submitted for approval to the NEMC’s Director General. Once the report is approved, NEMC will issue an Environmental Certificate, which is the next and final step towards receiving a license to mine from the Tanzania Ministry of Energy and Minerals.
David Kalenuik, CEO and President of Lake Victoria stated “the Company and our contractor’s have worked very hard to complete this detailed report in a short amount of time, and I am very pleased that this milestone has been reached and that we are moving closer to the Company’s goal of having our first gold mine in Tanzania.”
Expansion Possibilities
In the meantime, at K-3 about 1 kilometer north of K-1, recent artisanal mining activities have increased with the arrival of about 400 small scale gold miners. In addition, at K-2, artisanal miners have found and opened another gold bearing quartz vein about 1.4 kilometers northeast of K-1 which is the planned site of the initial small scale open pit. Both K-2 and K-3 are exploration targets and may contribute to an expansion of the current K-1 mine plan.