Lithium Exploration Group Inc. (fka LEXG)

[may2009]

They acquired controlling interest in Alta disposal, and that is where the income is coming from at this moment(see link), with the upgrade of the morinville facility they are estimating it will increase the value by 20X the current value of the facility. Which is why in my last post I stated that I will buy more depending on where they are going to fund this upgrade of the facility, there is a chance if they have not generated enough cash that they will use more toxic funding for cost of the upgrade. I could write a novel on the ways they plan ( all forward looking) on adding value to the company if they follow through with even half of there plans, we will all be sitting pretty. As far as when all testing will be complete I don't know, they are currently testing the frac water and oil upgrading units now. If you have a trading account I advise looking through that news feed vs I HUB (long lag time), you will be able to see all PR and get a better picture than what I can provide.


http://yahoo.brand.edgar-online.com/DisplayFiling.aspx?TabIndex=2&dcn=0001062993-14-003255&nav=1&src=Yahoo