Hi Hrattle,

Glad to see you back here, many of the green thumbs you get are from me as I like the way you challenge us.

I guess my answer to that is that I believe KXL is looking to sell gold (or U308) or properties containing known amounts of the stuff, and not selling shares. The better they do their job at finding the gold, the better the shares will sell. Sometimes I scratch my head at them picking up more properties, as many others do, but I assume that there is a reason to pick them up. If management didn't have so many shares, I might worry more about things like that, but my KXL SP pain is theirs too. The difference is it is easier for me to get out or reduce my position.

Being one of the very few organic farmers around here, it is par for the course that I do things differently than my neighbours, and if you asked them if they would do something like disk a beautiful field of clover rather than bale it, they would say "Never!" However, my approach, my costs, my prices, my regulations are all different than theirs, and in the long run it has been beneficial to me. Some of what KXL might be viewed a bit the same way by others, but I am willing to give them a bit of loose reigns to do their thing. My part is to decide how much exposure I want, when to buy and sell.