LEXG - Tuesdays Trades Have A Market Value of Over $3,642,000

Just two days ago I covered LEXG on my blog.

http://pennystockgurus.blogspot.com/2011/03/lexg-up-410-on-day.html

Prior to that day the stock was virtually dead with only a handful of trades all year. Late that day, on March 22nd the stock had 4 trades amounting to 3,401,000 shares. The total cost of those shares $408,000.

Today only three days later the market value of those same shares is $3.62 MILLION.

The Level II has also changed.



News out today for the stock has helped push it up 17%.

The real question is.... who bought those 3.4 million shares 2 days before the first news release in ages for this stock and who is willing to buy a stock at $1.10 knowing full well someone else bought 3.4 million shares of that same stock for $.12 only 3 days earlier.


Walsh Appointed as CEO of Lithium Exploration Group
SCOTTSDALE, Ariz., Mar 24, 2011 (BUSINESS WIRE) -- Lithium Exploration Group (OTCBB:LEXG) has announced the appointment of Alex Walsh as the company's CEO. A seasoned professional with extensive experience in raising capital and forming strategic partnerships for young operating companies, Walsh has helped clients in a variety of industries expand their reach regionally, nationally and internationally. Walsh brings Lithium Exploration Group connections to some of the largest manufacturers of lithium-based battery products in China, India and North America.

Walsh is a graduate of DePauw University, where he earned a degree in Economics & Management. In addition to his business pursuits, his community involvement includes volunteering on numerous boards and commissions in the Phoenix metro area.

"We are in an excellent position to capitalize on what is a very fragmented market," Walsh said. "With the right strategy and implementation there is nothing stopping Lithium Exploration Group from becoming an industry leader. Our properties in North and South America show great potential, and we will assemble the team required to develop/explore/realize that potential."

About Us

Lithium Exploration Group is a U.S.-based exploration and development company focused on the acquisition and development potential of lithium brines and other precious metals that demonstrate high probability for near-term production. Currently the company is focused on its Western Canada and South America properties. Lithium Exploration Group is a fully reporting company traded on the Nasdaq OTCBB under the symbol LEXG. Website: www.lithiumexplorationgroup.com