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Bullboard - Stock Discussion Forum Lithium Exploration Group LEXG

Lithium Exploration Group Inc is a U.S.-based exploration and development company. It is focused on the acquisition and development potential of lithium brines and other precious metals that demonstrate high probability for near-term production. The company is testing its SonCav Technology for use in the oil and gas industry and the acquisition of oil and gas related assets in Western Canada... see more

GREY:LEXG - Post Discussion

Lithium Exploration Group > Kiss of Death
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Post by justwin on May 06, 2011 10:02am

Kiss of Death

This was promo-ed on a peeny sheet about a month ago when it was around a buck.

Reading anything about it tells all...short it.

The company who sold them their properties trades under 20 cents and kept the good stuff.

There will be some major whackings had in this puppy
Comment by Preterist on May 06, 2011 12:16pm
While I think LEXG is a total promo expedition, I actually do hope they manufacture lots of lithium.  Why?  Because I am a shareholder of that company (First Lithium - MCI)  who sold LEXG the measly 5 permits and kept 7 times as many for themselves... :-)
Comment by walkingzombie on May 06, 2011 1:29pm
It's amazing the SEC allows this scheme to continue! If it looks like a duck, walks like a duck, and quacks like a duck, it's a duck! This sounds too much like something Bernie Madoff would've dreamed of! JMO  
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