I think you and I are of similar minds on this issue "blue man". I have bought this as a peripheral play on KXL. I don't for a moment see it as a "peer" play.

(Please, please SGX people don't throw stones, I too am in this for profit, its just that it's almost an apples and oranges things so why not have both)

Over the short period and in percentage terms I view SGX as having the ability to move quite quickly once news comes out from any of the significant area plays. The price is presently near to its year long lows so it seemed to have more upside potential than downside risk.

I think the parallel with KXL is really in the participants in that a large number of people seem to have "bet the farm" so are understandably nervous when outcomes are delayed. We have all been there at one time or another in our lives so I wish nothing but positive outcomes for all concerned.

Onward and Upward