Looks like a double bottom. Pushed back up through the 50 ema today on a little better volume. MACD crossed. Positive divergence on PVO and crossed zero. Sto headed up with some room to go. Resistance at .065 for a breakout.
http://stockcharts.com/h-sc/ui?s=APL...d=p42920928312
APOLO GOLD & ENERGY
Apolo Gold & Energy Inc. is engaged in acquiring and developing mineral properties. The Company holds the mining rights to a property known as Nepal Umbar Picung (NUP), which is located 48 kilometers south-west of Bandar Lampung, Sumatra, Indonesia. The property, which Apolo Gold & Energy acquired in April 2002, consists of 733.9 hectares and possesses a Production Permit (a KP) # KW. 098PP325. There has been previous exploration work carried out, consisting of approximately 50 trenches, from 100 feet to 1,000 feet, across the mineralization, and seven parallel veins have been exposed by trenching across mineralized zones. NUP is in an area in Indonesia with a history of mining activity. During the fiscal year ended June 30, 2006 (fiscal 2006), Apolo Gold & Energy focused on the continued exploration of the adit on NUP by completing necessary testing, including trenching, sampling, and preparation for further drilling.
URL for website couldn't be found.
From pinksheets:
Estimated Market Cap - 3,711,103.2 as of Aug 10, 2007
Outstanding Shares - 74,222,064 as of Feb 8, 2007
Authorized Shares 0
Number of Share Holders of Record - 48 as of Sep 28, 2006