Replies to post #2925 on Lithium Exploration Group Inc. (fka LEXG)

[otcplaya]

show me facts show me proof show me something a promoter didn't email you. please show me

[helpfull]

You would think an outfit that made 50 million would find a more refined crew of pumpers, that knew how to spell etc...

[rbtree]

What do they "own" in Canada? Want me to tell you?

Nothing.

Just an option to acquire 5 leases that were let go, among 30 or so, by a company trading at twelve cents.

So, they're worth maybe 2-3 cents...add in the Argentina leases, OK, call it 4-6 pennies.

Big whoopie

[1manband]

What they own in Canada have s real value

No, it doesn't. LEXG acquired 4 claims at Valleyview from First Lithium, another public company. Even after vending them to LEXG, First Lithium still has almost 40 of them - almost 10 TIMES WHAT LEXG HAS. Even after today's massive sell-off, LEXG has a market cap of about $176 million. First Lithium's marketcap? $6 million.

What LEXG has in Argentina doesn't have much current fundamental value, either. It was also owned by another public company, Electric Metals. They spent a whopping $17K on exploration before dropping it for better properties.

LEXG has 2 recycled early-stage exploration properties and no money. They have absolutely nothing that would justify even the current $176 million market cap, much less the half a billion it was trading for at yesterday's close. This stock has a lot farther to fall.