Agree Montrose ... a corollary to your statement is this .... If you rode the stock all the way down from $3 without selling and you didn't buy when they bought GGR and appeared to recreate themselves, why are you still here? I suppose the answer lies in what your average cost really is and everyone is different .... but If you rode the stock to $5 and down to $.20, it really doesn't make sense for you to be here unless you did average down (or if you bet the farm and have no more dry powder)

Having said that, I never owned much KXL in the past but did buy a lot of it over the past 6 months. Now that the company is in mine development mode on Magino and appears to have a good prospect on Milestone, the chances of a big jump back to $3 are still slim to nil or the foreseeable future. If you believe PDG has good 3 to 5 bagger potential over the next 3 to 5 years not averaging down will assure that you never make a lot of money if it does just that.