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To: Rocket Red who wrote (125255)	7/25/2008 9:34:11 AM
From: AuBug	Read Replies (1) \| Respond to of 314116

Amen. Guaranteed management will line their pockets. Romarco (R.v) proved how hard it is to raise cash as they diluted their stock over 30%, placed an enormous overhead burden on the stock with tens of millions of shares to be dumped in 4 months so PP players can ride their warrants. Shame is, their warrants will expire worthless as Romarco cannot possibly raise the $94 million cash to start the Haile Mine. When their stock gets down around $0.01 Kinross will buy it out and get their Haile Mine back for free having already gained the benefits of the tax deductions for reclaiming it before selling it to Romarco. A major winnowing of junior E&P companies has already started and only the real deals will be left standing next summer.

To: Rocket Red who wrote (125255)	7/25/2008 9:49:56 AM
From: TheSlowLane	Read Replies (1) \| Respond to of 314116

Apollo Gold raises more than $20M Denver Business Journal Apollo Gold Corp. raised $20,401,375 as it completed its previously announced offering of units, the company reported Thursday. Denver-based Apollo Gold (AMEX: AGT) sold 40,806,500 units, with each one representing one share of stock plus one-half of one common share purchase warrant, for 49.5 cents each (50 cents Canadian). The company will use the proceeds to fund its proposed acquisition of the St. Andrew Goldfields mill complex in Timmins, Ontario, the development of the Black Fox project, and for working capital and general corporate purposes. Apollo is a gold mining and exploration company. \http://www.bizjournals.com/denver/stories/2008/07/21/daily42.html?t=printable