Lithium Exploration Group Inc. (fka LEXG)

[scoobydooby]

you were correct with the 62.5....
what p/e ratio would you put on future earnings...kind of hard to put a number on it now until we have 2 or 3 good quarters posted...what is the industry norm if we start to see some growth?..

I think our barriers are first 1 cent, then 2 cents...if we can get to 1 cent consistently and reach 2, I think we can expect more buyers...right now, we are stuck in a daytrading nightmare of up one day down the next where people are playing this for short gains...I think if we can get the price per share over 2 cents, it will knock out some of those daytraders.

I am long on lexg...I think with 2 consistent quarters of growth, this stock could jump to 25 cents...if it becomes cash flow positive, then I think we could see 50 cents...