it's ground hog day ..., page-2

I think juniors and explorers will outperform the majors considerably this year. (as they did last year)

Investors are aware of the need for more acquisitions by the gold majors, which will dent their dividend cheques. Investors are looking at Kinross for example . They had to spend billions on the redback deal , which ultimately would have filtered down to share holders.

Successful explorers and developers will greatly benefit from renewed m/a activity and speculation which will invariably resurface at some stage this year.

may take a few more years and further consolidation in the industry before the majors see another significant move higher. imo (unless POG starts making some serious moves and can hold onto them)

At this point at least , POG has to at least keep pace with oil prices to keep their margins on par......this is a critical ratio to watch.