I too will jump onto Cedar's coat-tails.

A lot of folks are lamenting how their KXL/SGX/ONT shares are down 50% and that these companies are badly run. My own KXL shares are down 58%.

But if I use this metric to sort the poorly managed companies from the rest, there is not much to choose from.

It would also indicate that ECA, SU, G etal are poorly run as well!

KXL is not being punished. It is merely caught in the same wash water as hundreds (thousands?) of other companies around the world.

And yes, I have stated this message before.

So finally, during this recent "flush down the crapper" I have managed to scrounge together some coins. My purchases this month have been KXL and ELD. I refuse to join the panic. I refuse to sell good companies at fire-sale prices.

My only hope is that KXL's next information release talks about deep drilling results. I would love to know what is at the 1000 metre level in the Golden Mile!

KG