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Home > Boards > US OTC > Mining/Resources > Lithium Exploration Group, Inc. (LEXGD)

This is correspondence I got from Alex Walsh

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heidigrex   Friday, 04/22/11 02:06:20 PM
Re: Dobie Lama post# 759
Post # of 14184 

This is correspondence I got from Alex Walsh when inquiring as an investor about LEXG. I do not know him and have no connection to LEXG. This is from April 6, 2011. He did ask that I let him know if I decided to post this, which I will.


Please go to www.sec.gov to review all of our company filings. Our Alberta acquisition was made in Q4 2010 and Argentine in Q1 2011. All of the contractual documents are referenced and attached to those filings.

I do not follow the trading blogs at all but thank you for sending the link. It is amazing that many people follow those discussion boards on every move of a company stock. I do want to make it clear that we have not hired nor are involved in any stock promotion campaigns at this time. Any information that you base a decision on investment in our stock should come directly from our website or a press release that we initiate (which will also be on our site).

We are excited about the potential that our company has to advance the assets in our portfolio. Important notes about our space are that the lithium industry always goes hand in hand with production of potassium, boron, etc. The entire industry is controlled by a handful of massive companies (and China) who control the supply and price of the entire market. They do not care about advancing new assets because they already control the market. There is space in the underbelly of this industry for an up-and-comer to develop a strategy to capture market share and either compete at a small level or be acquired by a large player (which is popular in recent history – Potash Corp/SQM). None of this knowledge is confidential and it is most of the basis that our corporate presentation covers as well as a lot of research.

It is clear in our presentation that we intend to leverage the infrastructure already in place in Alberta to develop a process by which lithium production is viable. There are a lot of people that have thought about it and talked about it but we are doing it!

Thank you for your interest in Lithium Exploration Group.


Alex Walsh

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