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Lithium Exploration Group, Inc. (LEXG)

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Last Post: 11/20/2017 10:37:31 AM - Followers: 388 - Board type: Free - Posts Today: 1


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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LEXG News: Quarterly Report (10-q) 11/14/2017 05:11:28 PM
#24503  Sticky Note Promissory Notes due dates coming in November: chemist72 10/31/17 10:31:56 AM
#24642   $LEXG Lithium Exploration Group Distributes November 2017 Letter MazelTov 11/20/17 10:37:31 AM
#24641   Yes, it's time rmpenstk 11/19/17 10:39:41 PM
#24640   Yeah, any day now! audioguy 11/19/17 04:50:58 PM
#24639   Big Real Hellgirl 11/17/17 06:58:28 PM
#24638   Seems so. chemist72 11/17/17 02:34:56 PM
#24637   Somebody is loading up! LuckyK 11/17/17 01:55:47 PM
#24636   So when are we anticipating this to take off? jonny_red 11/17/17 01:38:18 PM
#24635   Real Big Soon Hellgirl 11/16/17 01:47:47 PM
#24634   we gonna see pennies soon Brad98287 11/16/17 09:06:41 AM
#24633   I love How once again LEXG trays to Ryan13 11/15/17 09:00:47 PM
#24632   ALLLLLL ABOARD? MazelTov 11/15/17 08:52:42 PM
#24631   $LEXG 52-Week High 0.0112 MazelTov 11/15/17 08:50:53 PM
#24630   $LEXG LETS GET READY TO RUMMMBBBLLLLEEE --- SENTIMENT MazelTov 11/15/17 08:17:39 PM
#24629   $LEXG Lithium Exploration Group, Inc. engages in the MazelTov 11/15/17 08:14:58 PM
#24628   3% if I'm not mistaken. Maybe we'll get ADenn 11/15/17 05:23:13 PM
#24627   Exciting Times! I'm in. wii1dr 11/15/17 01:14:40 PM
#24626   Oh boy another "almost" press release. lol stanggt 11/15/17 12:29:27 PM
#24625   Those who are excited about LEXG/White Top should chemist72 11/15/17 12:28:17 PM
#24624   Funding Imminent For Lithium Exploration Group's Louisiana Oil ProfitScout 11/15/17 11:25:52 AM
#24623   BTW, other interesting comments are as follows: chemist72 11/15/17 10:15:29 AM
#24622   on the way to liftoff no reverse here Brad98287 11/15/17 10:14:59 AM
#24621   Quick look at the latest 10-Q. Bottom line chemist72 11/15/17 09:58:10 AM
#24620   Nice news out today. Oil stocks heating up. OTCballer 11/15/17 09:11:17 AM
#24619   News should read REVERSE SPLIT IMMINENT...! DarkPool 11/15/17 08:58:19 AM
#24618   Won't know the fate of these promissory notes chemist72 11/15/17 08:39:27 AM
#24617   Do you have any tech specs or is jonny_red 11/15/17 08:02:54 AM
#24616   What about these promissory notes? Has dilution GunShow_Trader 11/15/17 01:36:15 AM
#24615   Damn. 980 million OS in February. 4 billion DarkPool 11/14/17 10:15:12 PM
#24614   @preachur Any tech info to support the MaximusMax 11/14/17 07:54:49 PM
#24613   Yup, it's coming....and soon.. rmpenstk 11/14/17 06:58:35 PM
#24612   I expect to see this stock right back preachur 11/14/17 03:45:20 PM
#24611   His bs used to keep this stock stanggt 11/14/17 12:11:42 PM
#24610   Yes, no need for an RS yet. Only chemist72 11/14/17 09:53:17 AM
#24608   $LEXG Lithium Exploration Group Enters $2.6B Consumer Battery MazelTov 11/14/17 08:45:39 AM
#24607   What happened to "negotiations" with ALYI?? chemist72 11/13/17 02:36:14 PM
#24606   100% CEO WILL RS THIS CHIT AGAIN AND stock king 1 11/13/17 11:07:22 AM
#24605   I second that ADenn 11/12/17 10:06:26 AM
#24604   Hi-- MaximusMax 11/11/17 11:16:50 AM
#24600   Big Real Hellgirl 11/10/17 10:32:50 AM
#24598   Great to see a few optimists here - chemist72 11/10/17 08:46:12 AM
#24597   Wow, I was just going to post I Chartmaster 11/10/17 12:14:27 AM
#24596   When lexg runs, it runs hard, very hard, $s rmpenstk 11/09/17 10:55:18 PM
#24595   $LEXG Booooom. Holding strong. next leg .0013 imo. MazelTov 11/09/17 09:04:40 PM
#24594   pennies shortly Brad98287 11/09/17 03:16:58 PM
#24593   ceo does nothing but r/s the chit out stock king 1 11/09/17 01:26:03 PM
#24592   If you're looking for companies that actually produce chemist72 11/09/17 09:11:48 AM
#24591   Lithium oversupply? Growing demand for battery material is MazelTov 11/09/17 08:37:08 AM
#24590   We’re Going to Need More Lithium MazelTov 11/09/17 08:36:35 AM
#24589   It’s Hard to Keep Up With All That MazelTov 11/09/17 08:36:22 AM
#24588   Now I just need my money back from Ryan13 11/08/17 06:55:58 PM