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Lithium Exploration Group, Inc. (LEXG)

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Last Post: 5/28/2016 4:30:04 PM - Followers: 300 - Board type: Free - Posts Today: 0


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
LEXG News: Quarterly Report (10-q) 03/23/2016 06:03:40 AM
#19660  Sticky Note LEXG : "Assets in Oil Fields": TruckingAngler 05/18/16 11:23:45 AM
#19741   Beginning of lithium boom prokopton 05/28/16 04:30:04 PM
#19740   "Lithium Exploration Group is a U.S.-based exploration and prokopton 05/28/16 02:37:24 AM
#19739   The moon is a slow journey Blindtrade15 05/26/16 07:48:29 PM
#19738   I hope we get a quiet, steady gain prokopton 05/26/16 06:18:05 PM
#19737   Lithium stock goes berserk prokopton 05/25/16 11:28:47 PM
#19736   Lithium demand update prokopton 05/25/16 11:15:45 PM
#19735   My average buy in with commission fee is gdturner 05/25/16 06:58:01 PM
#19734   Apparently you didn't get in around .003 like BobbyBarkley 05/25/16 03:32:21 PM
#19733   The pump works it took my $20k. All LEX57 05/25/16 11:00:36 AM
#19732   it is a joke! LEX57 05/25/16 10:52:06 AM
#19731   YES LETS GOOOOOOOOOO$$$$$$$ INFINITI 05/25/16 10:05:20 AM
#19730   $LEXG$ already going GREEN$$$$ so thin we could BobbyBarkley 05/25/16 10:04:31 AM
#19729   THIN THIN THIN INFINITI 05/25/16 09:58:12 AM
#19728   LEXG has lithium brine extraction technology? prokopton 05/25/16 03:18:47 AM
#19727   Easy money all day baby!! Blindtrade15 05/24/16 06:08:08 PM
#19726   Here comes the next wave. Let's get this BobbyBarkley 05/24/16 03:33:50 PM
#19725   I AGREE $$$$$ load up INFINITI 05/24/16 01:04:26 PM
#19724   next bump up its going green prayforme 05/24/16 12:51:18 PM
#19723   GOING GREEN $$$$$$$ INFINITI 05/24/16 11:45:58 AM
#19722   This can fly if more buts come in INFINITI 05/24/16 11:30:50 AM
#19721   Getting hit hard today. prayforme 05/24/16 10:39:40 AM
#19720   OTC lithium companies prokopton 05/23/16 11:38:14 PM
#19719   Lithium sector exploding prokopton 05/23/16 10:44:55 PM
#19718   LEXG does look like it could break out king koopa 05/23/16 09:16:19 PM
#19717   To the moon !! Blindtrade15 05/23/16 07:42:50 PM
#19716   MONUMENTAL MOVE TODAY! PENNYLAND HERE WE COME FOLKS. BobbyBarkley 05/23/16 06:10:21 PM
#19715   Out for now!!! Sold at .006 nice 88% gain!!! Pstats 05/23/16 03:16:11 PM
#19714   HUGE BOUNCE!!! .0064 next and then .007+ PENNYLAND Pstats 05/23/16 03:01:11 PM
#19713   CLOSING .007+ TODAY!!!! Pstats 05/23/16 02:57:50 PM
#19712   SONICBOOM!!!!!! .005 is up!!! Pstats 05/23/16 02:53:47 PM
#19711   LEXG vs LTUM prokopton 05/21/16 11:20:47 AM
#19710   Lithium demand is exploding. LEXG should focus the prokopton 05/21/16 05:10:27 AM
#19709   39s up!!!! OTC Knight 05/20/16 01:19:30 PM
#19708   35s break and 004 easy OTC Knight 05/20/16 12:52:38 PM
#19707   34s ready to fall here. Here we go!!!! OTC Knight 05/20/16 12:38:23 PM
#19706   Why would Alex Walsh as the sole employee alexbh2285 05/20/16 12:04:09 PM
#19705   As of 4/29/16 (latest public) there were 11,702 alexbh2285 05/20/16 11:59:05 AM
#19704   indeed ! balamidas 05/20/16 11:58:07 AM
#19703   Added here. Way overdue for bounce now!!! OTC Knight 05/20/16 11:57:26 AM
#19702   two years ago, Lithium Exploration Group (LEXG) enjoyed balamidas 05/20/16 09:22:44 AM
#19701   Those were the key words I read out Zblue 05/20/16 08:55:03 AM
#19700   Close eye here. Could see movement RZN 05/19/16 11:54:09 PM
#19699   LEXG is pending new developments here,watch for news balamidas 05/19/16 11:28:40 PM
#19698   smooth sailing Blindtrade15 05/19/16 11:19:16 PM
#19696   LEXG down 18% on lowest volume of 3 TruckingAngler 05/19/16 08:35:29 PM
#19695   I am in at .0051 avg. I will gdturner 05/19/16 07:13:55 PM
#19694   I sold my shares at .0054 yesterday. I Rmillz11 05/19/16 01:43:24 PM
#19693   So probably not a good idea to buy prayforme 05/19/16 01:33:22 PM
#19692   Yes around there. .005 .0052 that area was Rmillz11 05/19/16 01:27:55 PM
#19691   consolidate around there? meaning stay in that area? prayforme 05/19/16 01:22:30 PM