LEX CORP NEWS LETTER

Hi have recommended this stock many times between $1.18-$1.30.  Here is what I posted on www.stockhouse.com on November 18th.

This company has $35mil. in cash.  My 12mth target is $3.50.

Crocodile Gold is a Canadian company that recently completed the acquisition of a number of past producing gold assets in the Northern Territory of Australia. The assets were formerly held by GBS Gold.

The assets are held through its 100% owned subsidiary Crocodile Gold Australia Pty Ltd. Crocodile Gold's tenements cover an area over 3,500 square kilometres with numerous gold deposits and significant exploration upside.

The board and management of Crocodile Gold are proven mine operators and developers with experience from some of the world's largest, most successful gold companies with a proven ability to finance and increase quality production for the benefit of shareholders.

Crocodile Gold expects to produce over 100,000 ounces of gold in 2010 increasing to over 200,000 ounces of gold in 2011.

Corp.Presentation: http://www.crocgold.com/i/pdf/CorporatePresentation.pdf

Video Interview On BNN: http://watch.bnn.ca/#clip234590

December 21, 2009
Since this post the stock has moved up nicely and management is doing a great job. Even on day that gold is down CRK is trading up. Quality gold stocks will still do well when gold is correcting. As I write this the stock is trading at $1.58 and did reach a high this month of $1.70. Thanks to Peter Grandich who is now a shareholder and is covering the stock.  Expect a detailed report from Peter Grandich Soon.

Here is the link to Peter Grandich Blog: http://grandich.agoracom.com/category/grandich-companies/crocodile_gold/

Stock Quote

About Crocodile Gold:  CRK-TSX

ABC News Coverage Video: http://www.abc.net.au/news/video/2009/11/13/2742713.htm

Corporate Presentation: http://www.crocgold.com/i/pdf/CorporatePresentation.pdf

At currently prices. I believe the stock has alot of upside.  There might be opportunities to buy the stock at a cheaper price if gold keeps correcting further.  Keep it on your radar.  I have a 12mth target of $3.50 assuming gold prices trend much higher in 2010.

Crocodile Gold-CRK Rocks!