LVCA Could be Sitting on the Mother Lode -- Watch it Today

Lake Victoria Mining Company. -Trading Symbol: LVCA

Before we get into the strengths of the company, just check-out why we like the price chart so much.

For example...

1) The stock has retraced nearly 50% of its October '09 high and now we are seeing heavy upside volume returning to the stock. This suggests accumulation at current levels.

2) The MACD momentum histogram recently turned positive suggesting that the Bulls may be in control.

3) The stochastics is pointing higher but is not severely overbought yet. This may suggest higher prices in the near-term.

4) The stock recently breached its minor resistance level and appears poised to test this recent resistance level as new support.

So what does LVCA do and why do we think its shares could be headed higher?

Lake Victoria Mining Company (LVCA) identifies and acquires mineral resource properties in the world-famous Lake Victoria Greenstone Belt in Tanzania, East Africa.

Why does The Preacher think Tanzania could be ideal for gold exploration? Well, according to the Company...

· Tanzania contains over 800,000 kilometers of varied geological terrains with potential mineral resources

· It has an ample inventory of unexplored mineral ground

· It has minimal competition at present from large multinational mining firms

· LVCA has a technical staff trained in various disciplines associated with mining.

It maintains a peaceful working environment free of confrontations, ethnic strife and labor disputes.

Not only that...But what really excites The Preacher is that

Lake Victoria Mining Company (LVCA) - has 11 Gold Projects consisting of 28 Prospecting Licenses (PL) and 46 Primary Mining Licenses (PML) and 5 Uranium Projects consisting of 12 Prospecting Licenses (PL). To read about LVCA's projects in detailClick Here

Lake Victoria Mining Company (LVCA)- focuses on areas that have a high potential for a proven reserve and hopes to establish one or more proven reserves and progress from a resource and exploration company to a producing mining company

Lake Victoria Mining Company (LVCA)- has a strong strategic plan that has been developed and implemented from the outset of the company

Lake Victoria Mining Company (LVCA)- has an experienced management team in the resource industry, which is closely tapped into a reliable geological team on the ground in Tanzania.

source: LVCA Website