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Lithium Exploration Group, Inc. (LEXG)

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Last Post: 6/30/2016 5:52:23 PM - Followers: 297 - Board type: Free - Posts Today: 2


Lithium Exploration Group is a U.S.-based exploration and development company focused on the acquisition and development potential of lithium brines and other precious metals that demonstrate high probability for near-term production. Currently, the company is focused on its Western Canada and South America properties. Lithium Exploration Group is a fully reporting company traded on the Nasdaq OTCBB under the symbol LEXG.

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$LEXG recent news/filings


Tue, 11 Nov 2014 15:04:00 GMT ~ Lithium Exploration Group Discusses Technology, Hydraulic Fracturing, and Sustainability
[Accesswire] - PHOENIX, AZ / ACCESSWIRE / November 11, 2014 / Lithium Exploration Group, Inc. (OTCQB: LEXG), has invested significant time and energy into an oil and gas technology to assist in the treatment of oilfield waste...
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Thu, 6 Nov 2014 15:50:00 GMT ~ Lithium Exploration Group CEO Distributes November 2014 Newsletter
[Accesswire] - PHOENIX, AZ / ACCESSWIRE / November 6, 2014 / Lithium Exploration Group, Inc. (OTCQB: LEXG), CEO Alex Walsh discusses ongoing business activity in his November 2014 newsletter...
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Mon, 3 Nov 2014 14:50:00 GMT ~ Lithium Exploration Group Updates Shareholders on Status of Ultrasonic Technology
[Accesswire] - PHOENIX, AZ / ACCESSWIRE / November 3, 2014 / Lithium Exploration Group, Inc. (OTCQB: LEXG), announces an update on the status of teh SonCav Ultrasonic Generator ...
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Tue, 28 Oct 2014 12:48:00 GMT ~ Lithium Exploration Group Announces New Technology Partnership
[Accesswire] - PHOENIX, AZ / ACCESSWIRE / October 28, 2014 / Lithium Exploration Group, Inc. (OTCQB: LEXG), announced today that it is in discussions with a Texas-based company with a proprietary chemical additive that ...
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Thu, 23 Oct 2014 13:10:00 GMT ~ Lithium Exploration Group CEO Purchases 2,500,000 Shares of Stock
[Accesswire] - PHOENIX, AZ / ACCESSWIRE / October 23, 2014 / Lithium Exploration Group, Inc. (OTCQB: LEXG), announced today that CEO Alex Walsh purchased 2,500,000 shares of common stock yesterday in the open market. ...
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Wed, 22 Oct 2014 12:45:00 GMT ~ Lithium Exploration Group CEO Responds to Shareholder Concerns 
[Marketwired] - Lithium Exploration Group Inc. CEO Alex Walsh addresses shareholder comments and concerns:
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Tue, 21 Oct 2014 17:04:11 GMT ~ LITHIUM EXPLORATION GROUP, INC. Financials
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Tue, 21 Oct 2014 12:15:00 GMT ~ Lithium Exploration Group Discusses Positive Revenue From Tero Operations
[Marketwired] - On Wednesday of last week, Lithium Exploration Group, Inc. filed its annual Form 10K. In Note 14 of the Financial Statements, the revenue from operations at Tero Oilfield Services is reported. From March ... read full:

$LEXG charts




Lithium Exploration Group: Technology Overview  (video)


We have one wholly-owned subsidiary, Alta Disposal Ltd., a company incorporated in the province of Alberta, Canada on July 8, 2011. This
subsidiary was formed to stake MAIM (Metallic and Industrial Mineral) rights in Alberta directly from the government. Alta Disposal Ltd. presently
holds approximately 550,000 acres of MAIM rights in Alberta that were staked between July and December of 2011. We also have a partially
owned subsidiary, Alta Disposal Morinville Ltd., an Alberta, Canada corporation, and a partially owned investment, Tero Oilfield Services Ltd., an
Alberta, Canada corporation.

Oilfield Waste Disposal
Wardlow Facility   (Tero Aquisition) Class 1B well Morinville Facility (BlueTap Resources Aquisition)
Class 1B well - limited Class 1A status

Lithium Exploration Group CEO Discusses Lithium Markets 8:45 AM ET 3/27/14 | Marketwire

Lithium Exploration Group Inc. (OTCQB: LEXG) CEO Alex Walsh discusses the recent activity and commentary around the lithium industry:

There have been a number of articles written in recent weeks about the lithium industry and I have personally received a huge influx of calls from shareholders and interested parties trying to get a handle on what is going on out there. I want to take a moment to answer some questions and comment on what is being reported in the media.

Tesla - Tesla's gigafactory concept is brilliant. It vertically integrates their operations, allowing for the Tesla brand to expand while controlling unnecessary third party costs and expenses in the supply chain.  
-- Supply and Demand Discussion    
-- Historically, lithium prices more than tripled over the 10-year period from 2000 to 2010. That demand was driven by iPods, cell phones, tablets, and laptops. There is roughly a two-year production cycle in the solar evaporation process to produce lithium from brine (which makes up a majority of the global supply of lithium) so, as demand increased, supply could not meet those needs, spawning huge spot price fluctuations.    
-- Prices have stabilized in recent years near $6,000/ton but there have been reports of oversupply recently holding prices steady even though electric vehicles have continued to grow in popularity. I expect that this will change rapidly perhaps more rapidly than people can quantify because the amount of lithium needed in a car battery is one hundred times the amount required for a laptop computer or a tablet. Supply needs must be initiated now to meet the 2017 goal of Tesla, and I believe that Tesla will begin to acquire as much lithium supply as it can get its hands on in North America to further the vertical integration of the electric vehicle production and insulate it from price volatility.
-- When will that happen?
 -- Only Elon Musk and his advisory team know for sure when this will happen, but it is not going to be an overnight decision. As they have with their expansion into the market, they will certainly look at all options, but I am confident that they will buy the lithium they need to run this gigafactory. SQM (Chile) is the largest producer of lithium in the world (and owned by Potash Corp of Saskatchewan). Tesla could easily acquire SQM and ensure their supply for decades to come. -- What does this mean for the rest of the global market? -- Strap on your seatbelts because there will be a frenzy of activity all over the globe trying to replace the 10,000 - 15,000 tons of lithium carbonate that Tesla will be consuming.
-- What does this mean for Lithium Exploration Group? -- I think that, at the end of the day, we have a separation technique designed to target lithium chloride and produce lithium carbonate, a 43-101 and hydrogeological study complete on the region and aquifer we are trying to target, and a technology that we hope will speed up the brine evaporation process from months to minutes. -- I don't know if Tesla will look to buy our knowledge, technology rights, our team, or our production but I do know that what they are doing to drive demand and visibility to the lithium exploration market will be good for us either way.
Sincerely, Alex Walsh CEO - Lithium Exploration Group, Inc


Lithium Exploration Group CEO Comments on Tesla's Lithium-Ion Battery Plans

SCOTTSDALE, AZ--(Marketwired - Mar 3, 2014) - On Friday, Tesla Motors Inc. CEO Elon Musk publicly discussed their plan to build the world's largest lithium-ion battery factory and locate it in the United States. At Lithium Exploration Group (OTCQBLEXG) we are very excited to see this development from one of the industry giants.

We started exploring the concept of low cost production of lithium carbonate in Canada in 2011 for exactly this moment in time. With the successful testing of the technology we intend to use to extract lithium from oilfield brine in Alberta, we are ready to continue with bench scale testing of the separation technique we designed in 2012 to target lithium, potassium, and other minerals.

Most of the global supply of lithium carbonate is produced in Chile and much of that production is spoken for by Asian manufacturers of lithium-ion batteries. Much like Mr. Musk, we feel very strongly that the demand for lithium-ion batteries will be driven by applications associated with solar and wind power, which require significantly greater amounts of lithium than car batteries.

Markets are driven by supply and demand. Mr. Musk, Tesla, and Solar City have just changed the demand for North American lithium for decades to come.

Alex Walsh
Lithium Exploration Group




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Current Price
Bid Ask Day's Range
LEXG News: Statement of Ownership (sc 13g) 05/17/2016 11:54:01 AM
LEXG News: Lithium Exploration Group Identifies Oil Investment 05/10/2016 09:47:11 AM
#19660  Sticky Note LEXG : "Assets in Oil Fields": TruckingAngler 05/18/16 11:23:45 AM
#19807   Good or bad? Them being late on the gdturner 06/30/16 05:52:23 PM
#19806   Seems LEXG is delinquent in their Q3 SEC filing. chemist72 06/30/16 01:48:28 PM
#19805   any new news or updates from company? Where gdturner 06/29/16 10:42:07 PM
#19804   $LEXG 3 Months Chart http://www.stockscores.c $Pistol Pete$ 06/29/16 11:51:16 AM
#19803   U GOT WRONG TICKER upanddown1950 06/28/16 10:51:08 PM
#19802   Another lithium stock goes berserk prokopton 06/28/16 10:40:45 PM
#19801   Good Read: janga 06/28/16 05:29:18 AM
#19800 Apenny 06/24/16 02:30:34 PM
#19799   $LEXG LITHIUM EXPLORATION GROUP CEO DISTRIBUTES MAY 2016 $Pistol Pete$ 06/23/16 12:20:57 PM
#19798   good correction, thanks. transform 06/23/16 10:31:51 AM
#19797   Those seem like reasonable guesses to me. chemist72 06/23/16 09:34:24 AM
#19796   After examining the volume since that date, I prokopton 06/23/16 01:03:19 AM
#19795   There's been about 400 mil shares traded since transform 06/22/16 08:38:37 PM
#19794   The cash flow argument makes no sense and alexbh2285 06/22/16 05:30:46 PM
#19793 02opida 06/22/16 02:30:24 PM
#19792   we will be filing an 8k with all 02opida 06/22/16 02:27:26 PM
#19791   With the purchase of this additional company by sanctuary 06/22/16 11:42:09 AM
#19790   just slowly accumulating, dsad 06/21/16 12:04:59 PM
#19789   CEO distributes Newsletter!! transform 06/21/16 10:38:32 AM
#19788   nor can any of's obvious they are Zblue 06/20/16 02:03:10 PM
#19787   I can't believe he hasn't gotten those units Picks77 06/20/16 12:06:10 PM
#19786   Another lithium related company gone berserk prokopton 06/20/16 12:00:36 PM
#19785   Same old thing....Lack of Info....Lack of Movement for Zblue 06/20/16 11:25:42 AM
#19784   I haven't been here in a while. Why Picks77 06/20/16 06:47:08 AM
#19783   Green Valley Mine Inc. prokopton 06/16/16 11:42:21 PM
#19782   I cant find it on Ameritrade? Does TD gdturner 06/16/16 11:18:10 PM
#19781   That last post was actually the upside - alexbh2285 06/16/16 03:28:33 PM
#19780   Another lithium junior gone berserk prokopton 06/16/16 03:04:36 PM
#19779   Thanks for the warning prokopton 06/16/16 02:55:01 PM
#19778   Faraday Future's second plant prokopton 06/16/16 02:47:25 PM
#19777   Update on exclusivity. The right to sell alexbh2285 06/16/16 01:57:16 PM
#19776   alexbh2285 06/16/16 01:38:05 PM
#19775   LEXG has no lithium assets nor does it alexbh2285 06/16/16 01:32:15 PM
#19774   Faraday Future reveals it Nevada Megafactory link: dsad 06/16/16 10:48:11 AM
#19773   nice link on the HOG ~ Thanks 02opida 06/16/16 09:21:34 AM
#19772   BMW Produces i3 and has signed an agreement Zblue 06/16/16 08:45:43 AM
#19771   Lithium Exploration Group, Inc. is an exploration-stage company. 02opida 06/15/16 06:50:55 PM
#19770 02opida 06/15/16 06:21:43 PM
#19769   High-Risk High-Reward, with current LEXG price there is dsad 06/15/16 06:18:43 PM
#19768   With $14K in cash at the end of alexbh2285 06/15/16 02:51:56 PM
#19767   "LEXG dovetail." That's what I'm hoping, too! prokopton 06/14/16 11:26:00 PM
#19766   Pro, good list. If LEXG can "dovetail" Rotormech 06/14/16 11:24:08 PM
#19765   LEXG it working on the processing side I dsad 06/14/16 05:17:15 AM
#19764   Lithium stocks prokopton 06/14/16 01:54:22 AM
#19763   Does anyone know what happened to LEXG's lithium prokopton 06/14/16 01:43:58 AM
#19762   Galaxy Resources and Orocobre are producers. At least prokopton 06/14/16 01:35:11 AM
#19761   Take a look at orocf...they are actually producing Rotormech 06/14/16 12:17:07 AM
#19760   Hope LEXG doesn't miss the lithium bubble prokopton 06/11/16 10:30:12 PM
#19759   LEXG had tenements for lithium brine in Argentina prokopton 06/10/16 06:39:28 PM
#19758   LEXG was ahead of its time prokopton 06/10/16 06:29:54 PM