Comments
yourfanat wrote: I am using another tool for Oracle developers - dbForge Studio for Oracle. This IDE has lots of usefull features, among them: oracle designer, code competion and formatter, query builder, debugger, profiler, erxport/import, reports and many others. The latest version supports Oracle 12C. More information here.
Cloud Expo on Google News
SYS-CON.TV
Cloud Expo & Virtualization 2009 East
PLATINUM SPONSORS:
IBM
Smarter Business Solutions Through Dynamic Infrastructure
IBM
Smarter Insights: How the CIO Becomes a Hero Again
Microsoft
Windows Azure
GOLD SPONSORS:
Appsense
Why VDI?
CA
Maximizing the Business Value of Virtualization in Enterprise and Cloud Computing Environments
ExactTarget
Messaging in the Cloud - Email, SMS and Voice
Freedom OSS
Stairway to the Cloud
Sun
Sun's Incubation Platform: Helping Startups Serve the Enterprise
POWER PANELS:
Cloud Computing & Enterprise IT: Cost & Operational Benefits
How and Why is a Flexible IT Infrastructure the Key To the Future?
Click For 2008 West
Event Webcasts
Ray Dirks Research Upgrades Lithium Exploration Group (LEXG) rating to BUY with price target $.35 short-term and long-term $.85-$1.70

SCOTTSDALE, Ariz., Feb. 13, 2013 /PRNewswire/ -- Lithium Exploration Group (OTCQB: LEXG) announced today that Ray Dirks Research has released a  Follow-Up Article and buy rating with two price targets following the Company's February 5th  news release. Here is the full report from RDR:

Ray Dirks and his Team of Money Managers and Security Analysts think that Lithium Exploration Group common stock will probably move up within the Next Month to about $0.35 cents per share – approximately double the current price, due to the fact that LEXG's management team will soon be successful in proving that its patented ultrasonic technology works in a way that will bring revenues to Lithium Exploration Group from licensing the product for recovery of oil and gas in addition to recovery of metals on a worldwide basis. The Company has identified several JV candidates in the Oil and Gas Industry to partner with in an effort to offset the cost of developing Ultra Sonic Generators for refining crude oil and tar sands bitumen in Canada. Over the next 6 to 12 Months, Ray Dirks Research thinks the stock will advance by 5 to 10 times to between $0.85 and $1.70, as we discussed in our Initial Report dated January 31st, 2013, which Readers and Investors should refer to on these internationally-followed Web Sites – www.CorporateProfile.com and www.CPreports.com.

In addition to Tuesday's very positive announcement, which we will summarize at the end of this Follow-Up Report, management has taken steps to bring the number of common shares outstanding down to only 38.5 Million, fully diluted. In our Initial Article on LEXG we had indicated that we thought there were 70 Million shares outstanding, which, as it developed, was too high. Accordingly, the upside potential for Lithium Exploration Group is greater than we indicated in our earlier Article.

Here is a Summary of the latest Announcement on LEXG, which was released on Tuesday morning, February 5th – "Lithium Exploration Technology (LEXG) announces the development of a new oil recovery technology. In late 2012, a team from Lithium Exploration Group (LEXG) and the inventor of the technology, GD Glottech International, Ltd., the company from whom LEXG has secured its licensing rights for ultrasonic cavitation water units, began discussing an oil refining technology to refine Canadian crude oil. The development of this technology unit will run parallel to the water treatment unit being tested in Pennsylvania but will target a completely different market of customers. This new Technology has already been tested in Russia using Russian Urals heavy crude oil and this will be a first application addressing tar sands bitumen. The project development will begin immediately. The ability to refine crude oil and tar sands bitumen in Canada at a competitive cost and in an environmentally conscious way into distillates such as Kerosene, Benzene and Diesel is a huge opportunity in Western Canada. Lighter crude products sell at a twenty dollar premium to heavy crude and through utilizing this technology smaller operators will be able to significantly increase their revenue from the same production. The development of this additional application of the ultrasonic cavitation technology significantly enhances our revenue opportunity in Canada and further diversifies all of our activities," commented CEO Alex Walsh.

About Us

Lithium Exploration Group is a US-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 property. Lithium Exploration Group is a fully reporting company traded on the OTCBB under the symbol LEXG. Website: www.lithiumexplorationgroup.com. Lithium Exploration Group is also on Facebook, LinkedIn and Twitter @LEXG_OTCBB.

Safe Harbor Statement

This news release contains "forward-looking statements". Statements in this press release that are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future, including but not limited to the completion, testing, transportation, and final installation of the unit.

Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with mineral exploration and difficulties associated with obtaining financing on acceptable terms. We are not in control of lithium prices and these could vary to make development uneconomic. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements.

Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our most recent annual report for our last fiscal year, our quarterly reports, and other periodic reports filed from time-to-time with the Securities and Exchange Commission.

Contact Info:
Shanon Chilson (480)-641-4790 or

Tom Nelson (480)-326-8577  

Email: info@lithiumexplorationgroup.com

SOURCE Lithium Exploration Group

About PR Newswire
Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Cloud Developer Stories
“We help people build clusters, in the classical sense of the cluster. We help people put a full stack on top of every single one of those machines. We do the full bare metal install," explained Greg Bruno, Vice President of Engineering and co-founder of StackIQ, in this SYS-CON....
SYS-CON Events announced today Isomorphic Software, the global leader in high-end, web-based business applications, will exhibit at SYS-CON's DevOps Summit 2015 New York, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. Isomorphic Software is ...
“In the past year we've seen a lot of stabilization of WebRTC. You can now use it in production with a far greater degree of certainty. A lot of the real developments in the past year have been in things like the data channel, which will enable a whole new type of application," e...
The cloud is becoming the de-facto way for enterprises to leverage common infrastructure while innovating and one of the biggest obstacles facing public cloud computing is security. In his session at 15th Cloud Expo, Jeff Aliber, a global marketing executive at Verizon, discussed...
The BPM world is going through some evolution or changes where traditional business process management solutions really have nowhere to go in terms of development of the road map. In this demo at 15th Cloud Expo, Kyle Hansen, Director of Professional Services at AgilePoint, shows...
Subscribe to the World's Most Powerful Newsletters
Subscribe to Our Rss Feeds & Get Your SYS-CON News Live!
Click to Add our RSS Feeds to the Service of Your Choice:
Google Reader or Homepage Add to My Yahoo! Subscribe with Bloglines Subscribe in NewsGator Online
myFeedster Add to My AOL Subscribe in Rojo Add 'Hugg' to Newsburst from CNET News.com Kinja Digest View Additional SYS-CON Feeds
Publish Your Article! Please send it to editorial(at)sys-con.com!

Advertise on this site! Contact advertising(at)sys-con.com! 201 802-3021



SYS-CON Featured Whitepapers
ADS BY GOOGLE