Lake Victoria Mining Company
Lake Victoria Mining Company, Inc.,(OTCMKTS:LVCA) has commenced forward gold sales through "Buy Gold Direct", its web based offering of gold bullion bars. The Company, using Forward Gold Purchase Agreements intends to sell a portion of its planned monthly gold production in advance as a means to finance the capital costs of establishing their first medium size gold mine at the Kunanga Village area of the Kinyambwiga Gold Project, Tanzania.
With a history as the most successful Gold miner in the United States, and possibly the world, Rob McEwen confidently explained to investors the value of investing in material rather than currency. In a short period of only 10 years, investors who would have held currency rather than Gold will have seen a loss of purchasing power of over 80% based on the US dollar.
Eric Sprott has more than 40 years of experience in the investment industry. After earning his designation as a chartered accountant, Eric entered the investment industry as a research analyst at Merrill Lynch. In 1981, he founded Sprott Securities (now called Cormark Securities Inc.), which today is one of Canada's largest independently owned securities firms. In 2001, Eric established Sprott Asset Management Inc.
The President of Lake Victoria Mining Company, Inc. (LVCA) David Kalenuik presented a creative investment opportunity that provides investors with a Royalty Position in the net proceeds of gold production in Lake Victoria's mineral assets.
Asset Management expert Eric Sprott will Keynote the upcoming Investorium.tv webcast live from New York on October 11th. The Gold Sector's most successful mining entrepreneur, Rob McEwen, now the Chief Executive Officer of McEwen Mining, will be presenting on behalf of the company and speaking from a strong history of driving the business of America's biggest Gold Mining success stories.
Presenting in Manhattan, New York at the October 11, 2012 Investorium.tv is McEwen Mining, a high growth, low cost mid-tier gold producer in the Americas. Rob McEwen, Chairman & CEO, owns 25% of the outstanding shares. The Company's driving ambition is to qualify for the inclusion in the S&P 500 by 2015.
David Kalenuik has spent the last 35 years predominately as a founder and owner of his own businesses ranging from service oriented business to investor relations. Since December 2006, Mr. Kalenuik has been actively involved with Kilimanjaro Mining Company Inc. and Lake Victoria Mining Company, Inc. in the identification, negotiation and acquisitions of mineral resource properties in Tanzania