Stock Guru Profile: http://stockguru.com/profiles/apll/index.php
The President of Apolo Gold & Energy Inc., Peter Bojtos P.Eng, spoke with Stock Guru. He is positive on gold. With the price of gold appearing to stablize in the $500.00 plus range mining is becoming more and more attractive. There are many reasons to have a positive outlook; they are itemized as follows:
1) A continued underestimation of global commodity prices,
2) Investor and central bank recognition of gold’s currency rather than commodity profile in terms of diversification,
3) Continued improvement in gold prices in non-dollar terms,
4) Low levels of real interest rates in Europe and Asia,
5) Growing demand for the underlying commodity from ETF’s,
6) Improved overall investor and media sentiment,
7) A downward trend in the U.S. currency.
Gold prices are well supported at current levels. It is very possible that the average gold price in 2006 will be $580 and $625 in 2007. At these level mining can be a profitable endeavor.
Stay tuned for more on this company.
Source: Apolo Gold & Energy, Inc.
APLL — Apolo Gold & Energy, Inc.
1209-409 Granville Street
Vancouver, BC V6C 1T2
Canada
Phone: 604-687-4150
Website: http://www.apologold.com
1209-409 Granville StreetVancouver, BC V6C 1T2CanadaPhone: 604-687-4150Website:
Safe Harbor Statement: All statements contained herein, as well as oral statements that may be made by the Company or by officers, directors or employees of the Company acting on the Company’s behalf, that are not statements of historical fact, constitute “forward-looking statements” and are made pursuant to the Safe-Harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause the actual results of the company to be materially different from the historical results or from any future results expressed or implied by such forward-looking statements. Such risks and uncertainties are outlined in the Company’s Annual Report on Form 10-K for 2005 as filed with the Securities and Exchange Commission. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
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