938113--3/25/2008--APOLLO_GOLD

related topics

{cost, contract, operation}

{loss, insurance, financial}

{gas, price, oil}

{cost, regulation, environmental}

{interest, director, officer}

{control, financial, internal}

{stock, price, share}

{debt, indebtedness, cash}

{personnel, key, retain}

{competitive, industry, competition}

{property, intellectual, protect}

{stock, price, operating}

{operation, natural, condition}

{tax, income, asset}

{acquisition, growth, future}

We have a history of losses. We have experienced operational problems at our Montana Tunnels mine. Our earnings may be affected by metals price volatility, specifically the volatility of gold and zinc prices. Increased costs could affect our financial condition. We do not currently have and may not be able to raise the funds necessary to explore and develop our Black Fox and Huizopa properties. Substantially all of our assets are pledged to secure our indebtedness. Our Huizopa exploration project is subject to political and regulatory uncertainty. Our reserve estimates are potentially inaccurate. We may not achieve our production estimates. Our future profitability depends in part, on actual economic returns and actual costs of developing mines, which may differ significantly from our estimates and involve unexpected problems, costs and delays. Mineral exploration is speculative and is frequently unsuccessful. We have a limited operating history on which to evaluate our potential for future success. The market price of our common shares could experience volatility and could decline significantly. The existence of outstanding rights to purchase common shares may impair our share price and our ability to raise capital. If we complete additional equity financings, then our existing shareholders may experience dilution. The titles to some of our properties may be uncertain or defective. We may lose rights to properties if we fail to meet payment requirements or development or production schedules. We face substantial governmental regulation. We are subject to environmental risks. We face strong competition from other mining companies for the acquisition of new properties. We are dependent on certain key personnel. There may be certain tax risks associated with investments in our company. Possible hedging activities could expose us to losses. Our operations may be adversely affected by risks and hazards associated with the mining industry. You could have difficulty or be unable to enforce certain civil liabilities on us, certain of our directors and our experts.

Full 10-K form ▸

938113--3/25/2008--APOLLO_GOLD_CORP