Nijinsky70 wrote:

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.

Its true that you may do better on the banks. Also, the banks pay you a nice dividend to help you be more patient. And with the banks being beaten so badly, a 50% plus return shouldnt be shocking over the next 12 months.

However, none of the Canadian big six banks has the chance to be a 4 or 5 bagger.

I own more in banks than I do in Aurelian, or a couple of other resource and spec stocks that I have, but its the idea of doubling, tripling and quadrupling that is so much more fun. especially if its calculated to be reasonable.

I think moderation is best. Hopefully no one has bet the whole farm on this stock. Maybe just a few acres