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Lithium Exploration Group, Inc. (LEXG)

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Last Post: 7/28/2015 12:45:56 PM - Followers: 287 - Board type: Free - Posts Today: 11


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.

$LEXG DD Notes ~

$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: Proxy Statement - Other Information (preliminary) (pre 14c) 07/22/2015 06:02:42 AM
LEXG News: Current Report Filing (8-k) 07/15/2015 04:45:57 PM
LEXG News: Lithium Exploration Group Announces Elimination of $584,000 in Convertible Debt and Significantly Strengthens Balance Sheet 06/05/2015 09:10:14 AM
#17421  Sticky Note LEXG - SLH - one correction... Alex never lodoguy 07/22/15 01:30:18 PM
#15192  Sticky Note MUST READ. I wanted to get in this Investo7 05/01/15 10:43:18 AM
#17497   ..otherwise they will have trouble selling when time transform 07/28/15 12:45:56 PM
#17496   last time there was a pump (moratorium) before transform 07/28/15 12:41:37 PM
#17495   Does any one else, when the try to SLH 07/28/15 12:15:25 PM
#17494   BOARD OF DIRECTORS SLH 07/28/15 12:11:25 PM
#17493   Again try looking up his Middle name...check the SLH 07/28/15 12:01:11 PM
#17492   Must be....still no email.....and I didn't save Zblue 07/28/15 10:43:47 AM
#17491   I found SEC sanctions against Stephen Walsh, Kevin chemist72 07/28/15 10:36:42 AM
#17490   I did....emailed the guy to resend it to Zblue 07/28/15 10:22:24 AM
#17489   GETTINBY Well, are you going to post it SLH 07/28/15 09:39:41 AM
#17488   lodoguy, have a nice vacation. you need one chemist72 07/28/15 08:41:48 AM
#17487   He's been Sanctioned once already chemist72 07/28/15 08:36:07 AM
#17486   I have an email that I received from gettinby 07/27/15 11:03:18 PM
#17485   Time to revise thatProxy Statement - Other Information SLH 07/27/15 06:53:13 PM
#17484   If he runs to Canada it won't help Zblue 07/27/15 04:02:21 PM
#17483   If this doesn't work out, I am going Gman3343 07/27/15 03:47:12 PM
#17482   They are in the business of printing shares, Blindtrade15 07/27/15 12:28:09 PM
#17481   Look up USXP, the good thing about the SLH 07/27/15 12:22:40 PM
#17480   There's a sucker born everyday Blindtrade15 07/27/15 12:15:35 PM
#17479   This company reminds me of hfco... So so similar Blindtrade15 07/27/15 12:11:10 PM
#17478   Alex has become the poster child for SLH 07/27/15 11:34:36 AM
#17477   I just checked out the web site Big talon80000 07/27/15 10:26:56 AM
#17476   Alex Dipshyt has to come out with another Gman3343 07/27/15 09:15:05 AM
#17475   Gotta say, I had this as a possible Exjouster 07/27/15 03:47:23 AM
#17474   Chemist, from an engineering perspective its normal to SLH 07/26/15 01:22:28 PM
#17473 The Big Wheel 07/25/15 01:36:00 PM
#17472   YOUR opinion on all stocks is the same The Big Wheel 07/25/15 01:03:55 PM
#17471   Please buy this stock. It is a game Blindtrade15 07/25/15 09:49:19 AM
#17470   2016 is on the way also . The Big Wheel 07/25/15 09:38:43 AM
#17468   99.9% of subpenny stocks are scams!!! And this Blindtrade15 07/24/15 05:26:03 PM
#17466   LEXG - I will be away on vacation lodoguy 07/24/15 04:57:37 PM
#17465   LEXG - Interesting trading day for LEXG... Here lodoguy 07/24/15 04:53:19 PM
#17464   LEXG - Chemist - I assume that is lodoguy 07/24/15 04:37:49 PM
#17463   Some comments on UT maintenance. chemist72 07/24/15 02:53:51 PM
#17462 TdTOS 07/24/15 02:06:55 PM
#17461   shhhh, don't let the cat out of the bag. chemist72 07/24/15 12:55:19 PM
#17460   with 200:1 r/s on the way, heading to robertshao 07/24/15 12:13:32 PM
#17459   Hope not in play. Just contemplate the reality. chemist72 07/24/15 12:09:18 PM
#17458   LEXG should settle at 0003/0004. If not today chemist72 07/24/15 12:01:07 PM
#17457   Loading heavily - no hope lost!! Hellgirl 07/24/15 11:08:47 AM
#17456   We may get some insight into the future Devo33 07/23/15 11:13:50 PM
#17455   LEXG - No change to PPS... looked like lodoguy 07/23/15 04:24:46 PM
#17454   people buying at 4 and selling piece by transform 07/23/15 01:05:42 PM
#17453   Pos is heading to .0001 Blindtrade15 07/23/15 12:54:20 PM
#17452   Ok I just read an article that may talon80000 07/23/15 12:49:58 PM
#17451   CEO's salary for next month. transform 07/23/15 12:30:47 PM
#17450   20 M shares traded at 0004 - chemist72 07/23/15 12:21:08 PM
#17449   THANK YOU SLH 07/23/15 11:27:32 AM
#17448   Alex has done nothing but trash LEXG stock chemist72 07/23/15 10:50:28 AM
#17447   Seems like an unusual ratio of BID to Will37 07/23/15 10:42:52 AM
#17446   Actually Alex's agreement with Glottech dates back to chemist72 07/23/15 10:18:41 AM