Keep the pivot oiled 3-in-1 oil works well imho for CRKT m16 knifes, keep it sharp and use a fine grit, a spyderco fine sharpening tool (ceramic) is great.
One thing to watch would be the bevels on the edge. Many CRKT's are chisel ground -- one side is at a different angle than the other. You can either reprofile the edge so they are evenly angled, or sharpen carefully as they are. I have a couple of the M16's and have done it both ways.
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