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Lithium Exploration Group, Inc. (LEXG)

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Last Post: 10/30/2014 11:02:41 PM - Followers: 224 - 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, 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



Alex Walsh              CEO, President, Secretary, Treasurer, Dir. 
Bryan Kleinlein CFO
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Current Price
Bid Ask Day's Range
LEXG News: Lithium Exploration Group Announces New Technology Partnership 10/28/2014 10:15:00 AM
LEXG News: Statement of Changes in Beneficial Ownership (4) 10/24/2014 05:54:04 PM
LEXG News: Lithium Exploration Group Discusses Positive Revenue from Tero Operations 10/21/2014 10:10:10 AM
LEXG News: Annual Report (10-k) 10/14/2014 04:14:37 PM
LEXG News: Statement of Changes in Beneficial Ownership (4) 10/14/2014 06:28:20 AM
#9224  Sticky Note $LEXG Facts- $LEXG JUST DOWNGRADED to PINK-SHEETS after-hours!!! UserAlias1 10/30/14 10:31:35 PM
#9231   I think this stock wil do a big greek94 10/30/14 11:02:41 PM
#9229   I am agree your point of view forestli 10/30/14 11:01:52 PM
#9228   Yep, no problem. Figured they were worth adding. $LEXG UserAlias1 10/30/14 10:58:46 PM
#9226   Well written LODOGuy Looks like the last leg of Nkore 10/30/14 10:51:42 PM
#9225   LEXG - who added the additional stock charts lodoguy 10/30/14 10:31:47 PM
#9224   $LEXG Facts- $LEXG JUST DOWNGRADED to PINK-SHEETS after-hours!!! UserAlias1 10/30/14 10:31:35 PM
#9223   LEXG - ALIAS - you can shout it lodoguy 10/30/14 10:27:12 PM
#9222   :) LODOGUY - YES - THERE's always TOMORROW Nkore 10/30/14 10:16:55 PM
#9221   Lodoguy - thank you for the LONG view Nkore 10/30/14 10:16:03 PM
#9220   Well-played $LEXG pseudoscience, but it probably won't apply... UserAlias1 10/30/14 10:10:39 PM
#9219   LEXG- Nkore - congrats... Let's hope both our lodoguy 10/30/14 10:04:19 PM
#9218   LEXG - Nkore - I am certainly not lodoguy 10/30/14 10:01:28 PM
#9217   Well-said. Can't-believe it made it over 3 years UserAlias1 10/30/14 10:00:06 PM
#9216   are we really debating penny stocks...there is a scoobydooby 10/30/14 09:58:09 PM
#9215   LEXG keeps setting a lower and lower price Inorout 10/30/14 09:48:57 PM
#9214   LEXG - ALIAS - just like lips and lodoguy 10/30/14 09:48:27 PM
#9213   LEXG - ALIAS - I try to tamp lodoguy 10/30/14 09:46:43 PM
#9212   $LEXG will stay Pink for the remainder of UserAlias1 10/30/14 09:45:53 PM
#9211   LEXG - ALIAS - I don't get offended lodoguy 10/30/14 09:39:14 PM
#9210   LEXG - ALIAS just as your "professional" disclaimer lodoguy 10/30/14 09:30:00 PM
#9209   Potential $LEXG investors NEED-to-know these-facts that-I-provide! They-SAVED-money this-week! UserAlias1 10/30/14 09:27:58 PM
#9208   BTW - I added some @ 0.0029 and Nkore 10/30/14 09:23:32 PM
#9207   Good INFO Lodoguy - I don't think it Nkore 10/30/14 09:21:01 PM
#9206   Nope. Has to apply and wait to be UserAlias1 10/30/14 09:19:47 PM
#9205   LEXG - you know what might start an lodoguy 10/30/14 09:19:06 PM
#9204   LEXG - now now ALIAS if you wish lodoguy 10/30/14 09:15:18 PM
#9203   LEXG - btw ALIAS why was the OTCmarkets lodoguy 10/30/14 09:06:58 PM
#9202   LEXG- Now now ALIAS ... You and I lodoguy 10/30/14 09:05:15 PM
#9201   LEXG - Yes - ALIAS I think we lodoguy 10/30/14 08:56:14 PM
#9200   LEXG - Oh come on ALIAS... Just when lodoguy 10/30/14 08:51:51 PM
#9199   $LEXG JUST DOWNGRADED to PINK SHEETS after-hours!!! UserAlias1 10/30/14 08:51:37 PM
#9198   LEXG - they did a great job throwing lodoguy 10/30/14 08:37:03 PM
#9197   "This-leads to some-suspicion that Alexander Walsh, the-company’s CEO UserAlias1 10/30/14 08:18:09 PM
#9196   I saw that, that was pretty funny! Good UserAlias1 10/30/14 07:45:26 PM
#9195   You know, people buying the ask just makes UserAlias1 10/30/14 07:41:37 PM
#9194   LEXG - ALIAS - well I would rather lodoguy 10/30/14 07:27:40 PM
#9193   LEXG - Gettinby - good to hear from lodoguy 10/30/14 07:22:52 PM
#9192   $LEXG stands-ZERO-chance-of supplying-lithium-for-Tesla with-news like- UserAlias1 10/30/14 07:14:36 PM
#9191   Try $250K/MktCap and-below. $250K of-hope... Almost-all-of-these CD Death-Spiral UserAlias1 10/30/14 06:35:01 PM
#9190   It should make it to 0.0016 Tomorrow them germanium123 10/30/14 05:54:25 PM
#9189   Well, I missed all the fun again today, gettinby 10/30/14 05:09:07 PM
#9188   LEXG - Chemist - you are pretty hard lodoguy 10/30/14 04:17:10 PM
#9187   LEXG - Scooby - no iHub is broke... lodoguy 10/30/14 04:15:11 PM
#9186   is investor hub showing anything for anyone...mine says scoobydooby 10/30/14 04:13:42 PM
#9185   $2 here we come scoobydooby 10/30/14 04:10:50 PM
#9184   LEXG - Wow! We just saw a lodoguy 10/30/14 04:08:59 PM
#9183   Need I say it?? OK, record volume today chemist72 10/30/14 04:06:02 PM
#9182   would be nice to get a PR from scoobydooby 10/30/14 04:05:51 PM
#9181   "Pattern" is a death spiral imo .... chemist72 10/30/14 04:04:23 PM
#9180   I'm still long on lexg...not a short term scoobydooby 10/30/14 03:58:34 PM