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Lithium Exploration Group, Inc. (LEXGD)

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Last Post: 10/10/2015 11:04:31 AM - Followers: 278 - Board type: Free - Posts Today: 1


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
LEXG News: Information Statement - All Other (definitive) (def 14c) 08/06/2015 02:58:32 PM
#18069   I believe we only own the one machine. SLH 10/10/15 11:04:31 AM
#18068   Need many bubbles Will37 10/09/15 07:03:14 PM
#18067   The D is insignificant, though I do believe SLH 10/09/15 04:21:48 PM
#18066   Alex thinks LEXG should be a 100 million transform 10/09/15 01:28:33 PM
#18065   Just curious, why are obsessed with the "D" SLH 10/09/15 01:08:34 PM
#18064   Could be next week. Last year the Annual Devo33 10/08/15 03:54:02 PM
#18063   If there's news we will probably get it transform 10/08/15 01:53:05 PM
#18062   Just a reminder Will37 10/08/15 01:48:13 PM
#18061   I'm down 4 million on this !!! Blindtrade15 10/07/15 10:04:13 PM
#18059   I'm sorry, but I talk like I'm speaking SLH 10/07/15 06:16:09 PM
#18058   There is a sucker born every minute. When SLH 10/07/15 06:12:53 PM
#18057   I understand that, but anything on the end transform 10/07/15 04:06:13 PM
#18056   You say a lot of good stuff but Devo33 10/07/15 03:56:53 PM
#18055   its a D really means nothing other than SLH 10/07/15 03:41:01 PM
#18054   The avg 10 day vol is around 200,000 Devo33 10/07/15 03:26:42 PM
#18053   I'm assuming that if there is some positive transform 10/07/15 12:39:18 PM
#18052   <lets hope dilution is nil> chemist72 10/07/15 10:57:11 AM
#18051   Yes, you and 77, I am leaning in SLH 10/07/15 08:39:09 AM
#18050   LEXG - Been here before... cautiously... no guardedly lodoguy 10/06/15 10:11:20 PM
#18049   LEXG - Gettinby - its only devastating if lodoguy 10/06/15 10:07:54 PM
#18048   Picks77 I only have 8625. after split. Gman3343 10/06/15 08:27:35 PM
#18047   I only have 12500 shares left after split. Picks77 10/06/15 05:36:57 PM
#18046   Picks77 I hope your right. Gman3343 10/06/15 05:32:51 PM
#18045   Yeah, I've had a conversation with a college Devo33 10/06/15 04:25:04 PM
#18044   Just a guess but because they didn't fully Picks77 10/06/15 02:44:31 PM
#18043   Whats up is one of two things either Gman3343 10/06/15 02:22:46 PM
#18042   My break even here is .12 after Gman3343 10/06/15 02:20:13 PM
#18041   Right now its swimming on its own with SLH 10/06/15 01:34:40 PM
#18040   Thanks for correction. Will37 10/06/15 11:39:07 AM
#18039   I think you mean post 17097. JandKsMoney 10/06/15 11:29:22 AM
#18038   SLH et al Will37 10/06/15 11:16:10 AM
#18037   I this point you may be right, although SLH 10/06/15 08:58:37 AM
#18036   They will eventually change the company name... This Blindtrade15 10/06/15 02:09:11 AM
#18035   If the "testing" numbers are good and UCGs Devo33 10/05/15 10:35:24 PM
#18034   Walsh rinse repete screened out 10/05/15 07:21:40 PM
#18033   This POS aint going nowhere, I should have Gman3343 10/05/15 05:18:58 PM
#18032   On July 13, 2015, our board of directors SLH 10/05/15 04:52:27 PM
#18031   I don't think you will see dilution. The SLH 10/05/15 04:25:48 PM
#18030   go ahead, your going nowhere. SLH 10/05/15 04:21:16 PM
#18029   Short? Now? Big cajones! Devo33 10/05/15 04:17:37 PM
#18028   Me and my boyz r shorting this pig... Blindtrade15 10/05/15 03:53:04 PM
#18027   The reason for the high volume today is transform 10/05/15 03:14:47 PM
#18026   We are at 2 billion os right now Hellgirl 10/05/15 02:23:29 PM
#18025   Still here and BUYING!! GLA 10 billion Hellgirl 10/05/15 02:20:23 PM
#18024   Going right back to trips! Dilution machine gassed Jsmooth37 10/05/15 01:32:34 PM
#18023   Will definitely sell into the next Pump and Dump cjmeyer 10/05/15 01:05:14 PM
#18022   With no news this will drop. But it SLH 10/05/15 12:31:43 PM
#18021   Will LEXGD follow pattern similar to that after chemist72 10/05/15 12:12:27 PM
#18020   If the idea came to fruition, it may SLH 10/03/15 01:55:43 PM
#18019   Its low volume because there are not that SLH 10/03/15 01:54:03 PM