RE: the perfect storyPictet is a new player buying up LGO.V.
Deal soon to close for LGO.V.
LGO.V holds the largest vanadium property in the world.
Currently trading at 33 cents
About Pictet:
Foundedin Geneva in 1805, Pictet is today one of Switzerland's largest privatebanks, with assets under management and custody totaling USD 384 billion(CHF 375 billion / EUR 281 billion) at the end of September 2010.
Pictetranks as one of the leading private bankers in Switzerland and among thepremier asset management banks in Continental Europe.
Pictet tenth in world Pictetis ranked tenth in the world by assets under management accordingto Scorpio Partnership, the UK insight and business consultancy tothe global wealth industry.
This latest award confirms Pictet's position as a major wealth manager at the global level.