I am extremely impressed with the strength of KXL.  This stock is hanging in there like the energizer bunny, while most other juniors have been hit right in the mouth during the last few weeks.  For a spec play to hold parabolic gains in these circumstances indicates to me that this is more than just a traders football.  Some serious money has been put to work and its less likely to be shaken out.

Perhaps one of the heavy hitter newsletters is getting ready to put out a recco, and that would imply that the advisor and all his friends will be buying first. 

I do not regret taking a few shares off the table last month, and still have my stink bids in, but I am now starting to think we will not be dipping much below the current price level.  The gold correction has about run its course I think, and the entire sector should get interesting again in a few weeks when tax loss selling season is about done.  So if KXL can hang around for a few more weeks, then it should be ready for a big move higher in the new year, and the drills are turning again.

cheers!

mike