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I was able have my certificates transfered into my accout with Cannacord in Vancouver BC. Could not find anyone else to handle them.
Nice to see it up before any news release
I heard there is a log jam of samples to be tested in Tanzania. Results should be soon I hope. Typically takes a couple of weeks.
MM = Market Maker
Guys who can dump, cause the panic and buy back at lows or vice-versa.
It would be nice to see these guys (day traders) disappear
From previous releases they were attempting to get a Canadian listing. When the bid and asked disappeared I thought they may have to work out a price for the exchange, possibly based on their latest results and gold reserves. Or your right and I am reading too much into this, which is probably the case.
Somethings up. The bid and ask disappeared on Yahoo financial and TD Greenline.
Well Put!
There is too much volume to be just related to the rise in gold. This is what we want to see prior to the release of the last drill results. Very encouraging!
This deal is very suspect. I can't see what they can bring to the table that is not already existing with the LVCA team. Will have to wait for the details of the option agreement.
I believe AA is part of the assay process Atomic absorbtion or something like that. Great Job averaging down. Your .23 shares are in the money hopefully we will see a zero behind that $.23 soon.
They are close to releasing results from latest drill holes. If the volume keeps up or increases in the next few days. it may indicate some good results. Personally I think the results are going to be great. Next week should be very exciting!
Yes they are hanging in ther pretty well. The ground that was just drilled indicates some very intersting results. The mineralized zones show greater widths (5-16 meters) as compared to the first drill results of only 2 meters. If the grades are running 1/2 ounce per tonne in these latest samples the stock has to react to the up side. Depending on the depth of mineralization this one area could become a viable mine!
Yes this morning it was released. Here is the link http://ca.finance.yahoo.com/news/Lake-Victoria-Commences-Phase-filingservices-1090476599.html?x=0&.v=1
Finally some action. The new drilling program should determine the value of their deposit. First sample results in about 2 weeks. Previous drilling returned 1/2 ounce of gold /tonne!(phenomenal grades) If they can prove any depth the stock has to shoot up.
More inside buying March 7 by 2 directors.
I still can't see anything above .27 untill the financing at .28 is completed. Not a lot of people are going to buy above .28 when you can purchase them during the financing at .28 plus pick up a free warrant to boot. Right now I the day traders are having a field day. The stock has support at .24 (low end) and .27 at the high end. they can make almost 20% per day!
They should be closing this deal soon, then the action will begin.
They have been quiet for too long. I sense they are onto something that could be quite significant.
I think you may find this encouraging. Roger Newell a director, of LVCA purchased 145,000 shares on Feb. 24/11. Something must look pretty good for Him to increase his position.
Yes volume is everything but the when a stock is offered at $.28 who would pay above that price? I checked with a financial advisor today and I was told that the stock would stay around the issue price until it is completed. It has nothing to do with any security commission rules, which I thought it may have. Patience is a virtue for sure. I once bought a 10000 shares of a stock at $.75 and hung on to it for 2 years. It hardly moved during that time and I finally sold at .95. Six months later it went over $50.00! Since then I have become a very patient man.
I don't think it's a volume issue but a price issue for the securities commission. If I am not mistaking the company will have a listing on a Canadian exchange as part of the financing arrangement. This should give it better exposure. Hopefully they can complete this soon.
I can't see too much happening until the financing closes.
Hopefully soon.
The offers are starting to tighten up. We may see a dollar next few weeks. Only eight offers currently to take out on the otc.bb http://www.otcmarkets.com/stock/LVCA/quote
I have seen a non producer go from $.10 to $25.00+ . And I have averaged down
I am holding some at .75
The bulls will be running after the financing is complete.
The financing was at $.28 not .29 It will may also take the stock to a more favorable exchange.
You must remember they are doing financing at $.29. Once that is completed the stock should start moving. If I am not mistaking the stock has to trade at or on a down tick of the finacing price before the securities commission will allow the transaction. At todays price it may be a good indicator that they have completed the private placement. If so only good times ahead!
The activity in this company will pickup again as drilling and exploration continues. It takes time to digest drill results and formulate a model of the gold deposits. If the viens are sourced from a lower level system, bonanza grades could be found. Their next drill program should be based on their model hypothesis. 2011 Is going to be a very exciting year for all that are involved. As with everything a bit of luck would not hurt either
Cheers!
I think we have to wait for their financing to be completed before we get much action
Good support at $.35 should help knock out the day traders
It's going to be a great 2011 for LVCA. Too many targets to come up without significant results. Only a matter of time. Cheers!
We need to see the company listed on a new exchange. Possibly the financing through a Canadian firim may pave the way?
Just a matter of time, Have a look at a similar play in Tanzania Canaco resources. A year ago this stock was around .36 now it is trading around $5.00!
When they determine the formation of the gold deposits there is a good chance some bonanza grades will be found. At that time $2.00 a share will be a bargain.
Bonanza grade results from Kinywambwiga would make for a nice Christmas.
Have to Rename company to Rodney Dangerfield Mining. They aren't getting any respect. For what this company has going for it the price should be well over $1.00
Hopefully they won't offer the shares too cheap. We need the stock higher to avoid a huge dilution
The Suguti prospect looks very Interesting. Different type of deposit and close to existing producers.
Good start on the day. A Kinyambwiga gold strike should send this one soaring.
Good volume to start