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Apollo and Linear Well-Matched Emerging Producer
Submitted by Admin on Mon, 05/31/2010 - 18:24
The corporate combination of Apollo Gold Corporation (NYSE Amex: AGT, TSX: APG) and Linear Gold Corp. (TSX: LRR) appears to be a good fundamental match of strengths and needs for the evolving organizations. The combination as structured should present the opportunity for upward rerating of the stock by doubling the market capitalization, consolidating the number of shares of common stock to broaden ownership, and enhancing the gold production/development/exploration profile.
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