Or perhaps it is investors who suck at patience.

Nova gold has been at it for over 10 yrs with two majors as partners, Teck and Barrick and they still haven't produced their first oz of gold.

San has had a few growing pains and have had almost a complete turnover in mining staff since they started up in June 2005. Started with a bunch of used, rundown, in need of repair drills, trucks and jumbos that had to be completely overhauled. The ball mill bearings had to be replaced, added floatation, crushers are old, hoists are old technology. The were cash strapped during startup for the first 3 years until the big funds came on board. This last 6-8 months is the first time quality miners became available, so suck it up boys, our turn will be here soon, and longs, remember if you hung in there you still have your capital. That is something a lot of other investors wish they still had. The last time I looked banks stocks were still down 50% from last years highs. Where is San Gold?