Victoria Lake Inc. (LVCA)

[ConferredDiligence]

I have been following this Co for years. I believe the reason for the 1.00 + pop a year ago was due to the excessive pumping of Singida (mass mailings, flyers etc)@ 15,000,000+ oz's, This also was occuring during the initial run up in gold stocks. After the less than stellar 2nd phase results and Otterburns subsiquent widthdrawl, word was out, Singida was quite possibly a sham. I have spoken to David Kalenuik since and he stated that the SEC was hastling them for the excessive pumping and inflated estimates. They don't want to F this up so, they are now keeping a lower profile. Trust is a terrible thing to waste....Never the less, Roger Newell is no sloutch in the mining community and my money is with him.

http://goldystocks.com/2010/01/04/lake-victoria-gold-newells-new-adventure/