Lithium Exploration Group Inc. (fka LEXG)

[Inorout]

The problem for LEXG is that losses are growing a lot faster than any revenues at Tero. If you examine the 10-K filing from last week, LEXG lost $(5,038,309) last year but losses this year are now up to $(7,701,164). So Alex can talk about incremental revenues at Tero but the reality is that even with those revenues LEXG still lost $(2,662,855) more money than LEXG lost last year. The cash flows on LEXG are broken and I rate LEXG a strong sell.