Apollo Gold Reports Fourth Quarter and Year End 2008 Results.
Business Wire › March 26, 2009
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Apollo Gold Reports Fourth Quarter and Year End 2008 Results.
DENVER -- Apollo Gold Corporation ("Apollo" or the "Company") (TSX: APG)(NYSE Amex: AGT) reports the results for the three months and year ended December 31, 2008 (in US dollars, unless otherwise indicated) as follows. Apollo recorded a net loss of $1.3 million for the fourth quarter of 2008 as compared to net income of $2.5 million for the fourth quarter of 2007. Apollo recorded net income of $1.6 million, or $0.01 per share, for the year ended December 31, 2008, compared to net income of $2.4 million, or $0.02 per share, for the year ended December 31, 2007.
2008 Highlights Black Fox Reserves - On April 14, 2008, we filed a Canadian National Instrument, NI 43-101 Technical Report. The mineral reserves shown in the table below were calculated based on a gold price of $650 per ounce. Black Fox Probable Reserve Statement as of December 31, 2008 [TABLE OMITT...See the full content of this document
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