Replies to post #494 on Apollo Gold (AGT)

[buckster71]

I agree that costs run high with this company and revenue is short.

I wasn't very impressed with the cost per ounce in the last 10Q. Maybe that was upstart costs, but we will see.

[SOUTHPEN]

Montana tunnels care and maintenance costs,are now going into productive applications ,like a road which will be built this year on the Mexican property,about 8 km,which will give AGT the ability to set up operations there. The savings of C&M is about 600/k per yr. The cost of the road is about 500/k. Again , good management use of capitol savings and expenses. I know this was not addressed to me but I thought this should be said. Does everyone realise how difficult getting a mine in full operation is.The next objective is to expand the resource around the infrastruture so that this will stll be in operation 20 years from now,or more .which with Grey Fox and Pike River they will succeed. southpen