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Lithium Exploration Group, Inc. (LEXG)

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Last Post: 4/29/2016 10:25:21 PM - Followers: 280 - 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.

$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: Quarterly Report (10-q) 03/23/2016 06:03:40 AM
LEXG News: Current Report Filing (8-k) 03/04/2016 10:35:58 AM
LEXG News: Current Report Filing (8-k) 02/03/2016 05:01:26 PM
LEXG News: Amended Annual Report (10-k/a) 12/04/2015 04:44:13 PM
#19378   He probably is from ripping us off. Gman3343 04/29/16 10:25:21 PM
#19377   Isn't Alex a multi millionaire Blindtrade15 04/29/16 07:59:28 PM
#19376   That's when I'll buy star-lord 04/29/16 03:19:05 PM
#19375   Where's the freakin excitement at! Blindtrade15 04/29/16 01:46:10 PM
#19374   .0001 Blindtrade15 04/29/16 01:39:31 PM
#19373   when Alex buys up shares so will I Blindtrade15 04/28/16 04:15:54 PM
#19372   Apparently, it's all legal. Alex is the sole star-lord 04/28/16 04:12:32 PM
#19371   Thank You; I see this is how sanctuary 04/28/16 03:50:43 PM
#19370   As you can see below, the announcements were star-lord 04/28/16 02:27:07 PM
#19369   It's publicly announced after a decision/vote by star-lord 04/28/16 01:11:52 PM
#19368   If this stock goes into another reverse split, sanctuary 04/28/16 12:24:16 PM
#19367   49 million in debt is unsustainable Blindtrade15 04/27/16 09:50:20 AM
#19366   hmmmmmmmmmmm really? no revs, no assets and 741,042 JohnnyBlaze 04/27/16 01:33:28 AM
#19365   $LEXG potential 10 bagger, see annotated chart here dazetrader 04/27/16 12:03:02 AM
#19364   That's what I have been thinking since last chemist72 04/25/16 12:48:12 PM
#19363   If this technology they have actually worked the Blindtrade15 04/25/16 12:41:00 PM
#19362   I won't be surprised if the next big star-lord 04/25/16 12:34:05 PM
#19361   Anyone know the total debt ? Blindtrade15 04/25/16 11:47:11 AM
#19360   I decided last year not to play LEXG chemist72 04/25/16 11:32:13 AM
#19359   Chemist should I get back in if it scoobydooby 04/25/16 10:37:35 AM
#19358   Alex doesn't care, he is a scammer. This Gman3343 04/25/16 10:36:24 AM
#19357   Excellent dilution volume. This puppy is ready to Blindtrade15 04/25/16 10:24:15 AM
#19356   Hell I won my money back on this Blindtrade15 04/22/16 07:57:18 PM
#19355   How long before LEXG goes sub-penny again? chemist72 04/22/16 02:31:11 PM
#19354   you can always count on a bump with Blindtrade15 04/21/16 09:50:07 PM
#19353   cjange the company name to furnace! Blindtrade15 04/21/16 06:25:00 PM
#19352   That's the business model of most penny stocks. star-lord 04/21/16 04:17:41 PM
#19351   All this is, is a stock selling scam. Gman3343 04/21/16 03:54:08 PM
#19350   They used to be in the business of star-lord 04/21/16 03:32:39 PM
#19349   then what is it? isn't it lithium exploration? MakinBank 04/21/16 03:16:47 PM
#19348   A/S 50,000,000 (post R/S) O/S 11,669,869 (as of March star-lord 04/21/16 02:29:08 PM
#19347   This ain't a lithium stock star-lord 04/21/16 02:10:06 PM
#19346   can any1 tell me what the A/S & MakinBank 04/21/16 01:43:47 PM
#19345   Yep, it's long overdue. Their last YouTube testing star-lord 04/20/16 05:38:59 PM
#19344   Can we get a testing update Blindtrade15 04/20/16 05:18:47 PM
#19343   i'm surprised the pps is holding at .02 transform 04/20/16 10:51:21 AM
#19342   LEXG: Got out last year as well :) chemist72 04/19/16 10:27:45 AM
#19341   Scooby that fake wreck was over a year meiko83 04/19/16 09:35:41 AM
#19340   U still in this? The unit still scoobydooby 04/19/16 09:29:10 AM
#19339   $LEXG Airdawg Investments 04/18/16 11:05:24 AM
#19338   LEXG $$$$$$$$$$$$$$ Chart looking good from here. pennystockaholic 04/15/16 10:26:34 AM
#19337   $LEXG on Top 10 OTC Advancers list today! Airdawg Investments 04/15/16 01:17:27 AM
#19336   to me....this volume suggests the UCG must be Devo33 04/14/16 02:36:13 PM
#19335   years ago when the volume went huge so Devo33 04/14/16 02:14:39 PM
#19334   $LEGX 3 months chart $Pistol Pete$ 04/14/16 12:03:32 PM
#19333   amazing volume today! transform 04/14/16 11:34:10 AM
#19332   Its hard to find a good lithium stock TheU 04/14/16 10:37:14 AM
#19331   Just a couple grand thank goodness. Gman3343 04/14/16 10:18:39 AM
#19330   How much babe you lost Gman? Blindtrade15 04/12/16 09:11:56 PM
#19329   Big volume, but its going the wrong way, Gman3343 04/12/16 07:13:55 PM