Replies to post #6855 on Lithium Exploration Group Inc. (fka LEXG)

[chemist72]

LOL, I think it was ME who said that -

Whether profitability comes this year or next, you are definitely correct to say that the main depressant to stock price is continual issuance of cheap shares for various expenses.

I would hope that Mr. Walsh recognizes this and will stop issuing shares ASAP. With the TERO revenue stream coming online, we can hope that Walsh will either be able to get a line of credit or, if not, be able to use cold hard cash to finance daily operating expenses.