Replies to post #19761 on Lithium Exploration Group Inc. (fka LEXG)

[prokopton]

Galaxy Resources and Orocobre are producers. At least a 300% gain with Orocobre in the upcoming lithium craze, imo.

I re-looked at the size of LEXG's 2011 tenements. Those are worth around $30 million market cap. in this market condition. I don't know if they sold those tenements.


5 PROPERTIES

> Vega Sur (9,585 hectares)
> Vega Este (5,387 hectares)
> Vega Oeste (9,686 hectares)
Vega Cono (7,898 hectares)
> Río Grande (9,758 hectares)

RESOURCES

> 60 percent mineral rights to property
> Lithium in surface water ranging up to 19 ppm
> Other minerals include boron, potash, calcium, magnesium, iodine,
bromine, and potassium

These properties are in the prized Lithium Triangle.


In 2011 LEXG also had Alberta brine tenements.


LOCATION

> Valleyview Project (NW Alberta)
> 650,000 acres
> Over 120 active wells

RESOURCES
> 100 percent mineral rights to property
> Sample testing conducted in 2011 has shown 70 - 85 ppm lithium
> Other minerals include calcium, magnesium, iodine, bromine, and potassium


LITHIUM Exploration Group should get back into the game of its namesake.

http://www.lithiumexplorationgroup.com/Valleyview-Project.php

http://lithiumexplorationgroup.com/Salta-Project.php

[prokopton]

Lithium stocks

These are my favourite pure lithium stocks

Producers: Orocobre, Galaxy Resources

Development stage: Lithium X, Nemaska Lithium

Exploration/Drilling stage: International Lithium, Alix Resources, Bacanora

Lottery picks: Lithium Exploration, Durango Resources, Clean Commodities


Lithium boom just beginning.

http://oilprice.com/Energy/Energy-General/Why-The-Lithium-Boom-Is-Still-In-Its-Early-Stages.html