something is in the air punter's., page-44

Our market may be dragged down a bit by the iron ore majors after iron ore prices reportedly down again, although difficult to know if it’s factored in or if market is starting to look ahead for a rebound in iron ore prices.

One thing seems very likely.
Exploration and infrastructure expenditure has probably peaked for at least a few years so dampening demand for services at a time when POG has ended its year long consolidation.
Cash costs and capital costs have likely peaked and may drop while gold prices are likely to climb as countries attempt to stimulate their economies.

Over the last 10 years, POG has trended up but so too costs and so gold has strongly outperformed gold companies as a result.
Gold should do well going forward from now. Gold companies with traditional leverage to increases in POG and now also to flat or falling costs should finally begin to strongly outperform POG.
The next few years starting now should be a very good time to be in gold stocks.