Hi Goldbull!
I decided to just go for a long term hold approach because after touring several of the projects I think KXL will trade at a multiple of the current share price, and do not want to miss out on big gains by getting too cute trying to time the market. I can do that with lots of other stocks and will now just look to buy dips.
My 3 biggest winners in the last 10 years are DML, SEA, and MAG. In each case my current position is a tiny fraction of what I started out wtih (I am completely out of SEA now). And if I had held my original starting position, I would have earned several hundred thousand dollars in additional profits. Now the money I got from selling along the way was also invested in juniors so I am sure I did quite well, but the point is I have decided that KXL is going to be a big winner and want all the leverage I can get to it.
Again, that is just my own personal opinion and not advice for anyone.
cheers!
mike