Cedartree:

My tins just got a bit fuller. Honestly, at $0.92 half the value of the company is cash!

It is true, two things are driving KXL. 1) the US$ (i.e. resourses, i.e. inflation (resourses are priced in US$) and, 2) KXL information. As per #1, how long will Japan, China, Taiwan etc. keep buying US treasury bills at a loss to prop up the US dollar? 2) what does KXL have?

As per question one - its a game of chicken for the central banks. They know the game. When do you kill the goose that lays the golden egg? They will, however, act in their own domestic best interests. As for question 2 - information is pending.

Good luck to all investors.

Kohai