Apolo Gold & Energy, Inc. — APLL
The President of Apolo Gold & Energy Inc., Peter Bojtos P.Eng, spoke with Stock Guru about Gold Mining in Indonesia.
Indonesia is one of the world’s largest gold-silver economies, and supports world-class mining projects.
Apolo Gold & Energy Inc possesses property in one of the world’s largest gold-silver economies, Indonesia. This country supports world-class mining projects, including the Freeport McMoRan (Grasberg) mine in Irian Jaya as well as large projects by Newmont and Inco, both major gold mining companies.
Apolo Gold & Energy Inc. enjoys established relationships with government, business, financial, and mining communities, and enjoys the full support of the land owner for the “NUP” where the Company owns the mineral rights.
Indonesia is a very attractive investment destination particularly with regard to resource-based industries. The country is richly endowed with gold and other natural resources such as silver, petroleum, natural gas, coal, tin, copper, nickel, bauxite, and iron, explored and unexplored. Marine resources are also abundant. Indonesia has a total population of 200 million. There is currently a two-year exemption of import duties on machinery and raw materials, the high returns on investment have made the country a leading destination for foreign investors.
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
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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