Replies to post #25161 on Lithium Exploration Group Inc. (fka LEXG)

[alexbh2285]

That makes no sense. They advanced White Top $800K for the royalty stream in the business. They royalties will be nowhere near that in the next few years (even Alex has described them as initially modest) - they could have just used that cash to fund SonCav. That rationale for investing in oil never made sense. They have been "testing" SonCav for years - this company has been filled with obviously fraudulent activities that I have detailed many times earlier. Now the fact that they stopped filing financials should be the final red flag to everyone.