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Lithium Exploration Group, Inc. (LEXG)

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Last Post: 7/26/2016 3:22:50 PM - Followers: 297 - 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.

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$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: Statement of Ownership (sc 13g) 05/17/2016 11:54:01 AM
LEXG News: Lithium Exploration Group Identifies Oil Investment 05/10/2016 09:47:11 AM
#19845  Sticky Note Anticipating update on their Do-Hickey. rverboatgambler 07/18/16 10:00:36 AM
#19660  Sticky Note LEXG : "Assets in Oil Fields": TruckingAngler 05/18/16 11:23:45 AM
#19879   Look at that nice bid 890k at 005 rverboatgambler 07/26/16 03:22:50 PM
#19878   Patience will prevail! #Lithium Exploration Group Hellgirl 07/26/16 12:08:18 PM
#19877   LEXG 1 share take downs. Silly on L2 TruckingAngler 07/21/16 03:20:15 PM
#19876   re "Information not forthcoming" rverboatgambler 07/19/16 12:39:04 PM
#19875   Thanks for bringing me up to date. Nothing Picks77 07/19/16 12:22:05 PM
#19874   one thing about LEXG everyone should know. Information Devo33 07/19/16 12:08:27 PM
#19872   LEXG is about to have incredible things happen Weed2016 07/19/16 08:52:50 AM
#19871   If this filter does what they say, and rverboatgambler 07/18/16 11:54:39 PM
#19870   I said a little prayer for you. prokopton 07/18/16 10:51:26 PM
#19869   You really think this can go above a gdturner 07/18/16 10:50:49 PM
#19868   Haven't been following this too close. How many Picks77 07/18/16 06:05:06 PM
#19867   EVTI and LEXG will both move $$ Weed2016 07/18/16 12:54:58 PM
#19865   Holding 300k from .0055. Good news and we squeeze Paul Wall 07/18/16 11:57:06 AM
#19864   with only 11.7m shares outstanding and a market Devo33 07/18/16 11:42:05 AM
#19863   I think we could see $1+ depends what Weed2016 07/18/16 11:26:04 AM
#19862   Happy to make your acquaintance. Here's a Member-Mark! OBE 07/18/16 11:24:00 AM
#19860   Added some more LEXG today Time to upgrade old Mt 07/18/16 11:19:50 AM
#19859   I'll Member Mark ya, friend. First-time-I've read you. OBE 07/18/16 11:19:48 AM
#19858   Could fly past the .11 this time 02opida 07/18/16 11:09:52 AM
#19857   penny is v good 02opida 07/18/16 11:08:25 AM
#19856   looking good 02opida 07/18/16 11:07:41 AM
#19855   I bought-in this time last year. 250,000 shares. OBE 07/18/16 11:04:21 AM
#19854   Judging by market depth this could easily JUMP Weed2016 07/18/16 10:40:58 AM
#19853   $0.01 in the next few hours max Weed2016 07/18/16 10:39:20 AM
#19852   Glad to see you are still around old Mt 07/18/16 10:27:10 AM
#19851   Got some today 02opida 07/18/16 10:24:18 AM
#19850   LEXG made me 400% in 2 days back rverboatgambler 07/18/16 10:16:36 AM
#19849   Exactly 2 weeks since they did the testing Weed2016 07/18/16 10:12:58 AM
#19848   Well judging by what we see I would Weed2016 07/18/16 10:12:09 AM
#19847   last update stated testing commenced July4. Soils Engineers rverboatgambler 07/18/16 10:09:04 AM
#19846   Any idea when they could be out? Weed2016 07/18/16 10:02:31 AM
#19845   Anticipating update on their Do-Hickey. rverboatgambler 07/18/16 10:00:36 AM
#19844   Must be something related to the oil testing Weed2016 07/18/16 09:54:43 AM
#19843   wow The Devils Reject 07/18/16 09:51:22 AM
#19842   Up 35% and Im talking to myself here. Weed2016 07/18/16 09:42:10 AM
#19841   $0.0068 x $0.007 incredible day coming $0.01 Weed2016 07/18/16 09:39:31 AM
#19840   $0.008 in the first hour is my prediction Weed2016 07/18/16 09:36:01 AM
#19839   Looking forward to the update from the July Weed2016 07/18/16 09:34:26 AM
#19838   $0.006 open size $0.0062 x $0.0068 what is up? Weed2016 07/18/16 09:31:09 AM
#19837   For sure and they must be coming out Weed2016 07/18/16 08:56:56 AM
#19836   Something must have leaked from those tests janga 07/18/16 08:53:11 AM
#19835   Alex Walsh has been accumulating shares heres 2.5 Weed2016 07/18/16 08:11:45 AM
#19834   Lithium Exploration Group is a US-based exploration and Weed2016 07/18/16 07:51:02 AM
#19833   July 4th Oil testing ... wonder when the Weed2016 07/18/16 07:42:30 AM
#19832   would be nice ~ LEXG 02opida 07/16/16 06:21:32 PM
#19831   nice one The Devils Reject 07/16/16 03:09:09 PM
#19830   Should move to .02 with ease. Paul Wall 07/16/16 12:59:47 PM
#19829   8K coming soon 02opida 07/16/16 12:27:43 PM
#19828 02opida 07/16/16 12:22:34 PM
#19827   Can't win if you don't play~ Right on 02opida 07/16/16 12:21:05 PM