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Lithium Exploration Group, Inc. (LEXG)

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Last Post: 5/26/2017 2:14:34 PM - Followers: 395 - 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) 05/22/2017 06:02:14 AM
LEXG News: Notification That Quarterly Report Will Be Submitted Late (nt 10-q) 05/16/2017 09:18:16 AM
#23575  Sticky Note An amazing 10-Q: chemist72 05/25/17 08:31:02 AM
#23178  Sticky Note $$LEXG BigBadWolf 04/27/17 02:51:16 PM
#23598   Can't argue with the fact that LEXG seems chemist72 05/26/17 02:14:34 PM
#23597   Watch for a Squeeze into Holiday Weekend. Colworth 05/26/17 11:10:50 AM
#23596   It was a Preview of some of the Colworth 05/26/17 11:00:18 AM
#23595   Who made that video? Thudmother 05/26/17 10:57:27 AM
#23594   LEXG is easily the hottest play in the Colworth 05/25/17 05:32:38 PM
#23593   Yep it's on. Colworth 05/25/17 02:29:55 PM
#23592   Yeap my guys loaded the hell out of Read-Dark Pool 05/25/17 02:26:22 PM
#23591   200% Gainer here Colworth 05/25/17 01:28:42 PM
#23590   Going higher Colworth 05/25/17 01:28:05 PM
#23589   Perhaps we should all contact Mire Associates (seriously) cash daddy 05/25/17 12:57:50 PM
#23588   Who knows if this project will come to chemist72 05/25/17 12:31:39 PM
#23587   Speaking of consultants, will we ever see the alexbh2285 05/25/17 12:23:36 PM
#23586   Is that GOOD news? Does it make ANY alexbh2285 05/25/17 12:12:12 PM
#23585   My guess is that they see oil EVENTUALLY alexbh2285 05/25/17 12:08:29 PM
#23584   Lithium Exploration Group to Engage Mire and Associates ProfitScout 05/25/17 11:25:50 AM
#23583   How does anyone still buy this POS. How Gman3343 05/25/17 11:09:04 AM
#23582   At least Mire seems like a legit company: chemist72 05/25/17 11:06:48 AM
#23581   Here we go again. LEXG will be hiring Ryan13 05/25/17 10:59:40 AM
#23580   Back to 001 any time here. OTC Knight 05/25/17 10:54:33 AM
#23579   What happens when the bills come due?? chemist72 05/25/17 10:52:59 AM
#23578   Re: Today's news - Shouldn't they have had alexbh2285 05/25/17 10:50:50 AM
#23577   just remember ceo can not be trusted stock king 1 05/25/17 10:23:05 AM
#23576   Actually they only have about $6MM in debt alexbh2285 05/25/17 09:40:26 AM
#23575   An amazing 10-Q: chemist72 05/25/17 08:31:02 AM
#23574   $56 million in debt, no revenue. We are KansasCityPete 05/25/17 07:03:19 AM
#23573   I'm just gonna give this a little upbeat Ryan13 05/25/17 02:35:52 AM
#23572   This will still end up red for the Gman3343 05/24/17 12:47:57 PM
#23571   Slap that a asky ;) Never forget or forgive! Read-Dark Pool 05/24/17 11:01:44 AM
#23570   I'm holding with patience... Cyborg_estadistica 05/24/17 09:12:47 AM
#23568   Lithium Exploration (LEXG) mick 05/24/17 08:32:12 AM
#23567   great update for $lexg mick 05/24/17 06:33:35 AM
#23566   Ceo just setting this up for a reverse split. Gman3343 05/23/17 02:11:18 PM
#23565   CEO has no idea what he is doing. chemist72 05/23/17 12:17:49 PM
#23564   Lithium Exploration Group To Test Prototype Unit In ProfitScout 05/23/17 12:14:04 PM
#23563   Should grow a leg today Stacking goods 05/23/17 12:06:18 PM
#23562   Let's close this green today!! mayvid 05/23/17 12:01:56 PM
#23561   or, since they just raised over $1.3B in alexbh2285 05/23/17 11:46:57 AM
#23560   Yea its a joke. They have changed their Gman3343 05/23/17 11:30:27 AM
#23559   You have to be kidding me. We are Ryan13 05/23/17 10:16:20 AM
#23558   Why did yall close green. This balance sheet Jtmathis42 05/22/17 09:59:20 PM
#23557   Do a little dance. Make a little love. Read-Dark Pool 05/22/17 03:20:59 PM
#23556   We're back in at trip 8 just waiting Read-Dark Pool 05/22/17 12:07:57 PM
#23555   so when is this failed ceo going rs stock king 1 05/22/17 12:04:19 PM
#23554   Not sure what you're looking for - chemist72 05/22/17 11:47:45 AM
#23553   Any new DD off that 10-Q? FunCouponsGalore 05/22/17 10:46:34 AM
#23552   LEXG share structure: chemist72 05/22/17 09:33:55 AM
#23551   Patience.... :-) 2ThinkBig 05/22/17 07:50:53 AM
#23549   Nice milly slaps on 9s!!! OTC Knight 05/19/17 12:29:26 PM
#23548   Buying 0008's could be a winning strategy. chemist72 05/19/17 11:36:55 AM