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Lithium Exploration Group, Inc. (LEXG)

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Last Post: 12/1/2015 2:55:36 PM - Followers: 284 - Board type: Free - Posts Today: 18


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: Current Report Filing (8-k) 09/30/2015 06:09:27 AM
LEXG News: Notification That Annual Report Will Be Submitted Late (nt 10-k) 09/29/2015 06:02:56 AM
LEXG News: Current Report Filing (8-k) 09/15/2015 12:21:42 PM
#18774   LEXG bid building!!!! bid now 6X ask!!!! WEEEEEEEEEEEEEEEEEE Honeybooboo 12/01/15 03:04:33 PM
#18773   HAPPY TO SEE LEXG IN THE GREEN FOR co pilot 12/01/15 02:55:36 PM
#18772   Someone buying up all the shares here!!!! Lexg!!!! Honeybooboo 12/01/15 02:53:44 PM
#18771   LITHIUM EXPLORATION GROUP INC (LEXG) SLH 12/01/15 02:42:20 PM
#18770   This might be the start of the second SLH 12/01/15 02:41:34 PM
#18769   Nice buying here should move on air! Honeybooboo 12/01/15 02:39:42 PM
#18768   Lexg looking good here! Honeybooboo 12/01/15 02:19:03 PM
#18767   MUST CONFESS MY SURPRISE TO SEE LEXG AT co pilot 12/01/15 02:12:20 PM
#18766   $LEXG~ BREAKOUT! freshy 12/01/15 02:08:16 PM
#18765   Risk/Reward baby! If I wanted safety and 5% Devo33 12/01/15 01:24:39 PM
#18764   FOR YOUR SAKE I HOPE IT WORKS, UNFORTUNATELY co pilot 12/01/15 12:36:23 PM
#18763   And, oh yeah, I forgot to mention income Devo33 12/01/15 12:28:31 PM
#18762   Some opinions are jaded by the long hard Devo33 12/01/15 11:52:12 AM
#18761   ;) transform 12/01/15 10:54:03 AM
#18760   That's probably because of you and co pilots old Mt 12/01/15 10:37:19 AM
#18759   AS I HAVE REPEATEDLY SAID OVER AND OVER, transform 12/01/15 10:32:32 AM
#18758   AS EXPECTED BY MOST, LEXG HAS BEGUN THE co pilot 12/01/15 10:17:48 AM
#18757   NEW MONTH, NEW VOLUME, NEW SELLING NEW LOWS!!! co pilot 12/01/15 09:43:15 AM
#18756   Hey Co Pilot-- your caps key is locked. gettinby 11/30/15 03:18:11 PM
#18755   nice bid in... lexg looking to move up Honeybooboo 11/30/15 01:39:27 PM
#18754   I hate defending the CEO because I think Devo33 11/30/15 11:28:38 AM
#18753   YOU ARE CORRECT WHEN YOU SAY I NO co pilot 11/30/15 11:14:54 AM
#18752   I've asked you several times in the past Devo33 11/30/15 10:57:09 AM
#18751   DIDN'T GO LOWER BECAUSE THERE WASN'T ANY VOLUME co pilot 11/30/15 10:27:45 AM
#18750   Didn't go lower Honeybooboo 11/27/15 10:58:17 PM
#18749   Ohhhhh ? Honeybooboo 11/27/15 10:57:56 PM
#18748   You spend so much time and effort trying Devo33 11/27/15 03:02:36 PM
#18747   CORRECT ONCE AGAIN, LIGHT TRADING AND ALL SELLING, co pilot 11/27/15 11:02:27 AM
#18746   AS I SUSPECTED NO VOLUME NOR BUYING TODAY, co pilot 11/27/15 09:58:47 AM
#18745   WITH THIS BEING A SHORT TRADING DAY, THE co pilot 11/27/15 09:31:13 AM
#18744   0.10 is bottom here now look for big tomm taldhaliwal 11/25/15 12:53:35 PM
#18743   looks like someone spent $18,000 on LEXG today. transform 11/25/15 12:09:12 PM
#18742   Yes. Unfortunately volume picking up with price going chemist72 11/25/15 12:02:57 PM
#18741   volume picking up today... transform 11/25/15 11:33:51 AM
#18740   With <10 mil OS...imagine what would happen if transform 11/25/15 10:31:22 AM
#18739   I don't trust Alex on anything. chemist72 11/25/15 10:13:52 AM
#18738   NO ONE WILL KNOW THAT UNTIL IT'S TOO co pilot 11/25/15 10:09:08 AM
#18737   LEXG is interesting as long as they don't chemist72 11/25/15 09:15:51 AM
#18736   Why we are excited about the UCG technology Devo33 11/24/15 07:09:20 PM
#18735   It is very interesting. What in the hell transform 11/24/15 04:42:44 PM
#18734   My peoples are bringing dis down Blindtrade15 11/24/15 03:17:39 PM
#18733   Just because one person wants out the stock Devo33 11/24/15 01:51:24 PM
#18732   Won't take much to take it up either Honeybooboo 11/24/15 01:42:50 PM
#18731   AS I SAID EARLIER THIS MORNING, WON'T TAKE co pilot 11/24/15 01:04:46 PM
#18730   Definitely there is a SELLER who wants out, co pilot 11/24/15 12:25:31 PM
#18729   Loose hands out..... Next week will be sweet!!! Lexg Honeybooboo 11/24/15 12:24:05 PM
#18728   Why no 10-K filed yet?? chemist72 11/24/15 11:01:00 AM
#18725   Loose hands have NOT gone away, someone who co pilot 11/24/15 10:35:24 AM
#18723   I would call it liftoff yet..... But looks Honeybooboo 11/23/15 04:04:00 PM
#18722   We have lift off!! #Lithium Exploration Group Hellgirl 11/23/15 03:46:01 PM