Well, I was about to post something exactly the same as what you just brought up.

I deal with it by setting a personal deadline of 12/31/2008. If ARU has no further development this year and SP still languish in the $9 range before the end of this year, I will sell off and move on.

Patience is a virtue in investing but investments needs to generate returns. A friend of mine pointed this out to me, he said "You could easily put the amount you invested in ARU and put them into the Canadian banks - any of the big fives. I'll bet by the end of this year, the bank you chose could very well have a much bigger return than ARU - if the waiting continues. Besides, banks should have fully recovered by then."

Let's hope I can make him eat his words.