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Lithium Exploration Group, Inc. (LEXG)

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Last Post: 5/25/2015 11:26:48 AM - Followers: 278 - Board type: Free - Posts Today: 2


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) 05/22/2015 09:46:53 AM
LEXG News: Notification That Quarterly Report Will Be Submitted Late (nt 10-q) 05/18/2015 01:58:54 PM
LEXG News: Lithium Exploration Group Closes Sale of Interest in Tero Oilfield Services 05/18/2015 09:37:03 AM
LEXG News: Lithium Exploration Group Announces Arrival of Replacement Shaft in Texas 05/14/2015 08:42:29 AM
LEXG News: Lithium Exploration Group CEO Distributes May 2015 Newsletter 05/12/2015 10:55:59 AM
#15192  Sticky Note MUST READ. I wanted to get in this Investo7 05/01/15 10:43:18 AM
#14915  Sticky Note $LEXG DD recent news/filings/charts etc.: cjstocksup 04/29/15 01:11:02 PM
#15984   Hostile takeover of TESLA by LEXG streaming 05/25/15 11:26:48 AM
#15983   I here that LEXG is merging with power comp? The News 05/25/15 10:03:35 AM
#15982   So what's the verdict on the 10Q? Spilledpaintstudios 05/24/15 09:09:15 AM
#15981   Off watch Penny Gold Mine 05/22/15 07:35:29 PM
#15980   Had a thought, it makes sense to SLH 05/22/15 06:33:09 PM
#15979   LEXG - SLH - Have a wonderful Memorial lodoguy 05/22/15 06:06:29 PM
#15978   Yes its time for Alex to bring home SLH 05/22/15 04:20:36 PM
#15977   LEXG - SLH - I will add some lodoguy 05/22/15 04:19:38 PM
#15976   LEXG - Transform - From your mouth to lodoguy 05/22/15 04:15:43 PM
#15974   Where would we be without the Tero sale? Devo33 05/22/15 03:58:27 PM
#15973   huge pop coming next week. see ya then transform 05/22/15 03:56:20 PM
#15972   Thanks Lodoguy, but to think I could get gettinby 05/22/15 03:52:23 PM
#15971   at least 0005 hasn't traded ... yet chemist72 05/22/15 03:41:01 PM
#15970   I felt lucky grabbing another 3.2M @ ..0007.....see SLH 05/22/15 03:34:58 PM
#15969   LEXG - Gettinby - you finally got your lodoguy 05/22/15 03:30:38 PM
#15968   volume 150M gettinby 05/22/15 03:25:49 PM
#15967   For me its a good thing!!! I just gettinby 05/22/15 03:24:29 PM
#15966   LEXG - Chemist - Who knows??? Could be lodoguy 05/22/15 03:24:00 PM
#15965   Hopefully, its one of the debts paid listed SLH 05/22/15 03:21:38 PM
#15964   Just maybe Will37 05/22/15 03:08:51 PM
#15963   lodoguy, 66M just sold at $.0006; where did chemist72 05/22/15 03:05:26 PM
#15962   LEXG - Traders & Flippers that bought last lodoguy 05/22/15 02:33:05 PM
#15961   LEXG - gt4 - No you and your lodoguy 05/22/15 02:29:41 PM
#15960   LEXGQ NEXT MONTH.. BK gt4 05/22/15 02:10:22 PM
#15959   LEXG - CoPilot - I am "one of lodoguy 05/22/15 02:03:40 PM
#15958   You really don't know how to read the SLH 05/22/15 02:00:23 PM
#15957   Yes I must agree, there seems to be SLH 05/22/15 01:57:44 PM
#15956   Looks to me as if the BIG boys co pilot 05/22/15 01:54:00 PM
#15955   Very good LEXG summary lodoguy. chemist72 05/22/15 01:43:26 PM
#15954   LEXG - Hellgirl - I agree HOLDING ULTRALONG... lodoguy 05/22/15 01:38:16 PM
#15953   LEXG - Streaming - if LEXG is a lodoguy 05/22/15 01:36:04 PM
#15952   LEXG - All in All... not too disappointed lodoguy 05/22/15 01:31:16 PM
#15951   LEXG - Chemist - Alex takes the same lodoguy 05/22/15 01:16:10 PM
#15950   LEXG - Ooops! My bad... debt per the lodoguy 05/22/15 01:06:50 PM
#15949   GET IN BEFORE WE TAKE OFF taldhaliwal 05/22/15 01:03:59 PM
#15948   Sorry Lodoguy. I must be looking at JandKsMoney 05/22/15 01:02:49 PM
#15947   LEXG - Chemist - I believe Alex sold lodoguy 05/22/15 12:59:42 PM
#15946   I haven't had a chance to analyze it JandKsMoney 05/22/15 12:58:29 PM
#15945   LEXG - Chemist - let's hope Alex is lodoguy 05/22/15 12:54:30 PM
#15944   ALL is good 600 mil OS 500 Hellgirl 05/22/15 12:47:54 PM
#15943   LEXG - Debt outstanding as of 3/31/15 to lodoguy 05/22/15 12:47:41 PM
#15942   LEXG - Chemist - Thanks! Its a lodoguy 05/22/15 12:43:56 PM
#15941   Chemist72--Thanks, so many words I could not find it. gettinby 05/22/15 12:22:58 PM
#15940   Looks like LEXG will trade between 0006 and 0008; chemist72 05/22/15 12:21:11 PM
#15939   That is the "hope" anyway. chemist72 05/22/15 12:18:13 PM
#15938   And with the money from the sale he Devo33 05/22/15 12:00:20 PM
#15937   Yes, I am trying to sweep some of chemist72 05/22/15 11:56:32 AM
#15936   SCAM PONZI SCHEME No need to worry about streaming 05/22/15 11:38:11 AM
#15935   Unfortunately there are still unpaid notes cited in flyboyjo 05/22/15 11:34:05 AM
#15934   Alex needed lunch money, the good new is SLH 05/22/15 11:26:58 AM