I guess I'm still from the old school that says to buy low and sell high. I still have all my shares and bought more because I haven't mastered the fine art of selling low and buying lower! Rico
Although I never did it with KXL, I've learned that if you plan to stay in a junior long term, you'd better work hard to get your cost down to ZERO. Unless you are trading (some of your shares) for a few pennies here and there when the SP is in a channel, you will almost always find yourself deep in the red for a period of time.
I've done alright with KXL beacuse I did sell it above $2 and didn't start buying again until under $1 ...but I learned my lessons on other stocks, including Sage.