LGM opened today at 40c. Low of 40c. High of 42.5c$4mil+ volume...

LGM opened today at 40c. Low of 40c. High of 42.5c
$4mil+ volume going through at 40c or higher in the first 60minutes of trade.

Note the offer price was 20c.

I was looking forward to LGM, not because Im in it (because I'm not - though that would be nice), but rather because it can be used to give an indication of how PURE gold plays perform in this current market.

Now lets compare LGM to VGM.
They are both PURE gold plays but there are two key differences which should give VGM the edge.

1/ LGM's gold interests are based in Africa, so geopolitical risk, etc.
VGM's gold interests are in Victoria, Australia.

2/ LGM raised $8million through its IPO.
VGM is raising only $3million.

So the odds certainly look in our favour in terms of outperformance.

This one could be special guys, I hope you have loaded up. I certainly have.

Let the good times roll.