StockGuru Blog: Apolo Gold & Energy, Inc. — S&P Gold Outlook Positive
Apolo Gold & Energy, Inc. — APLL Stock Guru Profile APLL 10Q is out. Apolo Gold & Energy should have a good market for gold! Standard and Poor released their gold outlook on November 18, 2006, and IT’S POSITIVE! S&P predicts and increase in the gold prices in 2007 from 2006. S&P predicts higher sales and EPS for this sector in 2007 with a volume decline. This valuation is based upon a belief that: 1. Short-term interest rates in the U.S. will decline in 2007 from 2006 with a Fed easing; 2. Global gold production has been stagnant for the…