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Message: Annual meeting today

Cedar, I hope you are in Van, and will be attending and reporting in your usual thorough and informative style . Events over the last while indicate to me that Mr. Phelps and the Richardsons are trying to turn the good ship Kodiak around and redeem their reputations for business acumen.Hopefully, once tax-loss selling is over and the merger completed the market will reflect the value of the ounces KXL will then have.

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