DALLAS, April 28, 2011 (GLOBE NEWSWIRE) -- MicroStockProfit.com announces an investment report featuring Lithium Exploration Group Inc. (OTCBB:LEXG). The report includes financial, comparative and investment analyses, and industry information you need to know to make an educated investment decision.
The full report is available at: www.microstockprofit.com/lp/LEXG
Lithium Exploration Group (LEXG) is an 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. It is currently focused on its Western Canada and South America properties. The Company's projects include Valleyview Project in Canada and Salta Project in Argentina. Its Valleyview Project covers 45,952 hectares and has five mining permits. Its Salta Project has five properties, including Arizaro Vega Sur, Arizaro Vega Este, Arizaro Vega Oeste, Arizaro Vega Cono and Rio Grande.
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In the report, the analyst notes:
"LEXG set a new 52-week high of $7.89 in heavy trading yesterday. LEXG shares settled the day at $7.65, up 52.39% from last close. Approximately 14.68 million shares have traded hands during the session, versus the 10-day average volume of 8.0 million. LEXG is currently above its 50-day moving average of $2.09 and above its 200-day moving average of $2.09."
"LEXG CEO Alex Walsh recently traveled to Santiago, Chile, to interview exploration experts and drilling contractors about commencing exploration of its Salta Project. … Following its meeting with industry contractors, LEXG said its next move is to acquire high-resolution aerial photography of the five cateos (mining claims) to get a better feel for the overall makeup of the property prior to sending a team into the field. The Company said these photographs will help determine where and how to begin exploration."
To read the entire report visit: www.microstockprofit.com/lp/LEXG
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MicroStockProfit.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell any securities. MicroStockProfit.com is a Web site wholly owned by BlueWave Advisors, LLC. Neither MicroStockProfit.com nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for LEXG coverage. Please read our report and visit our Web site, MicroStockProfit.com, for complete risks and disclosures.
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