NEW YORK, Oct. 31, 2007 (PRIME NEWSWIRE) -- Top Executives from Apollo Gold Corporation (AMEX:AGT) (TSX:APG), Caledon Resources PLC (LSE:CDN), and Arian Silver Corporation (TSX-V:AGQ) (LSE:AGQ) discuss their dynamic companies, and the recent changes to them, with Wall Street Reporter Magazine. The interviews can be listened to, or downloaded, now at www.WallStreetReporter.com.
Apollo Gold Corporation (AMEX:AGT) (TSX:APG) is "reshaping into a new gold company. It's a night and day difference from the past few years," CEO David Russell tells us. "The major factor that differentiates Apollo Gold is that it is greatly under-valued as a gold stock."
Highlights:
* Apollo's freshly restructured board. * The company's commitment to staying in the black. * The company's currently cash-positive Montana Tunnels Mine, which was recapitalized and reconstructed in 2006.
Also coming out of a major state of transition, Caledon Resources (LSE:CDN) "transformed itself from a gold exploration site to a coking coal producer late last year," Managing Director Mark Trevin quotes. "Coking coal, a coal used in the steel industry, is . . . looking at a very strong demand profile driven by the booming Asian steel sector."
Highlights:
* Caledon's recent acquisition of Cook Mine from XStrata coal. * The company's introduction of a new high-productivity continuous miner and haulage system. * Management's confidence for achieving a 100,000-ton-per-month rate of production by year's end.
Arian Silver Corporation (TSX-V:AGQ) (LSE:AGQ) is also on a significant upturn. "Quite a few months ago, we had a very good portfolio. Now, the portfolio is much better," Jim Williams, CEO, tells us. "I should also state that we have excellent liquidity. Our average daily liquidity is in excess of 400,000 shares"
Highlights:
* Arian's completion of a 3,000 meter drill program in Calicanto. * The company's findings of previously undiscovered vein systems on their property. * Their nearly-completed 7,500-meter drilling program at San Jose.
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About Apollo Gold Corporation
Apollo Gold Corporation is a gold mining and exploration company. Having recently restructured their business and board, Apollo is currently focused on achieving 2007 milestones and keeping themselves in the black.
About Caledon Resources
Caledon Resources, a former gold exploration company, is now a coking coal producer. The company will soon introduce a new high-productivity continuous miner and haulage system to their recently acquired Cook Mine.
About Arian Silver Corporation
Arian Silver Corporation, a silver exploration and development company, recently expanded their portfolio through recent drilling projects. With much better values of gold, silver, and some base metals than expected, and the recent finding of previously undiscovered vein systems at their Calicanto project, this company is extremely well positioned for substantial growth.
Forward-Looking Statements
Statements in this press release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include, but are not limited to, risk factors inherent in doing business. Forward-looking statements may be identified by terms such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "forecasts," "potential," or "continue," or similar terms or the negative of these terms. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The company has no obligation to update these forward-looking statements.