AllPennyStocks.Com Announces Corporate Write-Up on Lake Victoria Mining Company Inc.
MISSISSAUGA, Ontario, Nov. 5, 2008 (GLOBE NEWSWIRE) — AllPennyStocks.com Media, Inc. (http://www.AllPennyStocks.com), a leading penny stock / small-cap information site, released its latest spotlight company Lake Victoria Mining Company Inc. (OTCBB:LVCA).
Lake Victoria Mining Company, Inc. is working to create another gold mine in the world famous Lake Victoria Greenstone Belt Tanzania, East Africa. Tanzania produced 1.75 million troy ounces of gold during 2007 and is the 3rd largest gold producer in Africa behind South Africa and Ghana. Lake Victoria Mining Company, Inc. currently holds an eighty percent ownership interest in the Kalemela Gold Project along with Geo Can Resources Company Limited (Tanzania) a subsidiary of Kilimanjaro Mining Company, Inc. of Nevada.
Currently there is over 50 million ounces of proven deposits and five (5) producing gold mines within the Lake Victoria Greenstone Belt. All these proven deposits or operating gold mines are within a 200 km radius of Mwanza in Tanzania. Geologically, the Kalemela Gold Project contains classic greenstone lithologies similar to those in currently producing or recently past producing gold mines in the Lake Victoria Greenstone Belt in Tanzania.
A complete LVCA profile can be viewed at: http://www.allpennystocks.com/aps_us/company_spotlights/archives/lvca.asp
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AllPennyStocks.com is focused on the small-cap / penny stock market and has become a reputable name in the investment community. AllPennyStocks.com runs a Canadian and U.S. site to provide investors in Canada as well as the United States with informative and unique content and information. AllPennyStocks.com runs weekly penny stocks to watch, has a daily market write-up, provides company spotlights, runs a unique most active pages strictly for penny stocks trading on the TSX, TSX Venture, Nasdaq and OTCBB, and much more information for the average investor.
Although the majority of AllPennyStocks.com reports are independent, it has received compensation for carrying the report on Lake Victoria Mining Company Inc. (OTCBB: LVCA.OB); the amount is twelve thousand five hundred dollars by a non-affiliated third-party, Hampton Park Capital, LLC. for its efforts in presenting the LVCA profile on its web site and distributing it to its database of subscribers as well as other services. This creates an inherent conflict of interest and readers are encouraged to view the full disclaimer at http://www.allpennystocks.com/aps_us/company_spotlights/archives/lvca.asp.
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