what are the negatives, page-8

davo,

Some are saying fertiliser is the new gold. We all have to eat after all. I used to be too focused on gold juniors including TAM (got out early with a small loss) and have now diversified with much benefit. The problem with Aus goldies is that it is priced in weak $USD, high cost inflation eats up any chance of increased margins, look at Oceania Gold (NZ) today, costs up 37% in a year and they are losing more than a year ago.

I think the average goldies will only shine when POG goes truly ballistic.