All of these venture exchange issues are a "crap shoot". I remind those that ask me about my investment activities that these are pure "gambles" and not "investments" per se. I leave that to my mutual fund people

That having been said, I was preparing to add to my position based on the "year lows" and the recent private placement "over" subscription. I hadn't previously bothered with the TFSA so that seemed the logical strategy.

"Investment" guru's tell you never to average down. I don't pretend to have any wealth of stock exchange knowledge but on a "per case" basis that has worked out very well for me on several occasions. I take the the view "new day, new information, new decision".

Two that I had some success with were SLG (year low .39 now 1.89) did average down because the fundementals still seemed strong. ZL( year low .21 now .88)

Actually with KXL I am "averaging up" slightly but my principles remain the same. Bouncing off year lows - the fundementals seem to have merit.

Still, it remains that preverbial crap shoot. How appropriate if in fact we ever do make that Vegas meet.

Onward and Upward.