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Message: Impact of NI43-101

Red - my post - "Also happy you also noted "Sage seems glued to Kodiak in a 10: 1 ratio." I've been on this a while - there is no good explanation for this phenomenon, other than somebody managing the ratio. And if they can manage the ratio, they can manage our price, up to a point."...

and your reply - "Completely agree... don't know what if anything it means but there is no doubt KXL and SGX have been 'managed' to remain at this 10:1 ratio... it has been going on for some time... even pre-market price action this AM... KXL at 60:60 bid ask... SGX at 6:6... then the moment SGX drops to 5.5:5.5... KXL drops to 59:59... I am not kidding literally the second SgX bids and asks dropped so do KXL... and this is far from the first time I have ssen this... similar trading action hapens too often for it to be just a coincidence IMO.."

Red, I'm glad not to be totally alone howling at the moon about this one ... it really is uncanny. I've posed this one to KXL management and come up empty. It's bizarre. The chart you posted here shows it continuing for years now - SGX is managed to track KXL exactly, with no long-term deviance.

I don't care about that per se - what I care about is - this "management" of the price shows basically that our price can be managed. Have to take that into account in our investment decisions. I feel as if someone's trying to shake us off the scent here - and I refuse to let go of a single share.

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