Apollo belongs to a rare group of junior mining companies: it has a profitable operating mine ($10 million in profits over the last 4 quarters), it is months away from starting up a much larger gold mine, has excellent exploration potential and remains significantly undervalued by the market.This combination of factors makes Apollo a perfect choice for an addition to the RSG database.

Apollo owns three properties in three counties: Canada, US and Mexico. Each property is in a different stage of development: production, mine development and exploration.

The most interesting property is the Black Fox project located near Timmins, Ontario. Black Fox currently has 1.33 million ounces of gold reserves and total resource of 2.2 million ounces. Apollo is expecting to put Black Fox into commercial production in Q1 2009.

A few statistics on Apollo:

43-101 Resources: 2.46M oz gold, 5.9M oz silver, 230M lbs zinc
Situ Value - US$2.6 billion
Current Enterprise Value Per Unit (EVPU) - $38/oz
Shares Outstanding - 161M
Market Cap - $97M
Average Daily Volume (AMEX) - 646K
Cash - $2.9M
Months to Burn - 5

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