Here's my take on APG.TO
Guidance to produce 110K oz in 2010 at a cash cost of $340. The > 100K oz takes it out of the microproducer category.
Forecast price to operating cash flow is something like 2.9 to 1. This is better than any other Jr producer (except OGC.TO) that is in a politcally reasonably safe place (mexico, usa, canada, australia, nz).
Wish I knew more about its debt and GA and other "non-cash" costs. Will wait for the Q2 report.
Reasonable exploration upside with Grey Fox (1 really good drill hole, the rest not so great) and the Mexico property.
Am I missing anything positive (or better yet, negative)?
MontyHigh
