Is it possible that there is safety in a move like that. If KXL had a j/v with a couple of other companies and still had cash [which is king] would it be harder for a major to 'pick off' and gobble up the smaller juniors involved in the j/V because they would be, for a lack of a better word, under the umbrella of KXL's protection so to speak. Just a thought from a non-business type posting on a quiet Saturday morning.
All the best,
Jerry Francis