SOURCE: Maybach Financial Group

Maybach Financial Group

January 29, 2008 15:14 ET

Liquid Cash Focusing on Northgate Minerals Corp, Apollo Gold Corp, and Oilsands Quest Inc.

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Maybach.

GRANDE BAY, MAURITIUS--(Marketwire - January 29, 2008) - Comments made in this release are those of Maybach Financial Group and any questions or comments should be directed to the contact information located at the bottom of this release.

Maybach Financial Group is a syndicate of investment researchers compiling research from major analysts and fund managers. Our focus is to give investors the financial advantage necessary to sustain profit all markets. This week, to gauge the outcome of the markets, we are focusing on Northgate Minerals Corp (AMEX: NXG), Apollo Gold Corp (AMEX: AGT), and Oilsands Quest Inc. (AMEX: BQI). For the full report visit

The Maybach Financial Group will be researching the above-mentioned companies to determine their chances of a turnaround opportunity for investors. Visit for a complimentary subscription to the Maybach service and receive at no cost our and "Special Report #1: Protecting Our Future," and "Special Report#2: Hearing is Believing." No credit card or payment information is required.

Kuwait -- Schimate -- the oil's in Saskatchewan! Who knew our underexplored landscape held such riches. According to Premier Boyd Wall "[sic] Saskatchewan exports more oil to the United States each day than some countries like Kuwait. Resource Minister Bill Boyd says "Oil and gas is the number one industry in the province and we are confident that Saskatchewan's energy potential is only beginning to be realized. Vast areas of the province remain largely unexplored, or have seen only limited exploration activity. The potential for investment in the development of resources, like the Bakken Formation in southeast Saskatchewan and oil sands potential is huge."

2006 broke a 9-year-old record with the drilling of 761 horizontal wells -- the old record of 668 was set in 1997. Estimated established recoverable reserves of 1.2 billion barrels were produced in 2006 from 24,000 productive wells. With oil closing Monday at $91.08 (up $0.37 or 0.408%) expectations are high for a continuing strong economy in Saskatchewan.

In other mining news, Gold was up again at Monday's close to $929.10 up $18.40 (2.020%) from last Friday's close. The continued suspension of mining in South Africa has kept the value of gold in the $900's for most of the past month. AngloGold Ashanti CEO Mark Cutifani said in a statement that "I think that we are starting to emerge from a crisis that had the potential to undermine the viability of the South African gold industry." Platinum, another high volume commodity (South Africa is the world's largest producer) saw record prices as well jumping to a whopping $1,733 an ounce before settling at $1,728.70.

Northgate Minerals Corp (AMEX: NXG) closed trading on Monday at $2.95 (up $0.05 or 1.72%) with trading volumes of 1,507,274, to sit around the mid range of the 52-week values ($2.40 - $4.00). It is expected that Northgate's offer to acquire Perseverance Corporation Ltd. will close on February 18, 2008. President & CEO of Northgate, Ken Stowe, commented, "With the acquisition of two operating mines in Australia, Northgate's total metal production in 2008 is forecast to be over 400,000 ounces of gold and 64.4 million pounds of copper, all of which is unhedged, and will be sold at spot prices giving us maximum exposure in the current robust metal price environment.

Apollo Gold Corp (AMEX: AGT) was up $0.015 to $0.515, a change of 2.98% on a volume of 404,300, lack Foxsitting comfortably between its 52-week high of $0.78 and its low of $0.36. Apollo's Black Fox Project (Black Fox), near Timmins, Ont., tests have indicated proven and probable reserves of 1,002,000 ounces of gold. Apollo's President & CEO, R. David Russell, stated, "I am very pleased with these assays which will be included within the resources statement for the full feasibility study which continues to progress and is on schedule for completion at the end of March 2008."

Oilsands Quest Inc. (AMEX: BQI) stock rose $0.17 or 5.30% Monday, on a volume of 1,478,623, to close at $3.38 just ahead of its 52-week low of $2.37. The purchase of two Alberta oil sands exploration permits were completed Jan 23 and cover approximately 18,432 hectares (46,080 acres). The permits were acquired at an aggregate cost of $10,010,880Cdn plus $3.50 hectare annual rental. They are now exploring Canada's largest contiguous oil sands land holding.

After witnessing the recent plunge in the markets influenced by the resource sector, the falling housing slump and employment issues, smart investors and hedge funds are shifting interests into other sectors. The markets are changing and investors are scared. The Bull Run that we have been use to over the past four years is starting to become more like a stampede in the other direction.

Stock markets are normally volatile, but investors have enjoyed a four-year run of below normal volatility and steady upward movement. Ups and downs, yes. But the Bull Run has been great over the past three to four years and has not ended as abruptly as many have predicted.

But while the end of the Bull Run has been predicted for more than a year, long-term investors shouldn't be worried. Of course, only if you know what you are doing.

First off, don't throw all your eggs into one basket.

Secondly, and most importantly, pick winners that last.

And pick winners that have little effect against the daily ups and downs of the economy. Visit to sign up free to receive your Special Report #1 and #2 for information on how to combat the markets or visit for your free subscription and BONUS reports.

We've seen oil markets spike, we've seen oil markets fall. We've seen wars, we've seen terrorist attacks. Chances are that the events that occur have a short term impact when you consider the overall factors of a 5-year forecast. We need to learn to take advantage of these economic factors. Think of homeland security.

Most investors -- and unfortunately far too many brokers -- go on a buying spree the minute a rally starts in a particular sector. Correspondingly, they panic at the first sign of a downturn and tend to sell off some great stocks -- right before the dead cat bounces.

But Maybach isn't about day-trading and making money fast. It's about being patient and learning the secret of how to get rich slowly. Visit to receive two Special Reports -- free when you sign up! Or visit for your free subscription and BONUS reports.

It's also about adding stocks to your portfolio that have little or no effect against the state of the economy.

The world as we know it has changed. Gone are the days of tradition and old school values. The entertainment industry is booming with the new technology in flat panel TVs. Take a look at some of the most recent headlines and you'll also see that the movies are setting box office records. Visit under our focus section to receive a free report on this sector.

Another sector we need to be focusing on right now is homeland security -- for obvious reasons of course. Visit under our focus section to receive yet another free report on this sector.

Visit to receive our Special Report #1 and #2 with information on how to combat the markets and how the face of the future is changing.

Maybach Financial (Maybach) is not a registered broker dealer or a registered investment advisor. No information accessed through the Maybach Web site or this release constitutes a recommendation to buy, sell or hold any security in any jurisdiction. Please consult a broker before purchasing or selling any securities viewed on or mentioned herein. There is no financial relationship that exists between the issuer of this release and the company whose stock is mentioned in the release. Please view the disclaimer at

Statements made in this release may include forward-looking statements and projections, made in reliance on the safe harbour provisions of the Private Securities Litigation Reform Act of 1995. Maybach has made every reasonable effort to ensure that the information and assumptions on which these statements and projections are based are current, reasonable, and complete. However, a variety of factors could cause actual results to differ materially from the projections, anticipated results or other expectations expressed in this release. Maybach makes these statements and projections in good faith, neither Maybach nor its management can guarantee that the transactions will be consummated or that anticipated future results will be achieved. All material herein was based upon information believed to be reliable. The information contained herein is not guaranteed by Maybach to be accurate, and should not be considered to be all-inclusive. The companies that are discussed in this opinion have not approved the statements made in this opinion. Maybach assumes no obligation to publicly update or revise any forward-looking statements made herein or any other forward-looking statements made by Maybach, whether as a result of new information, future events, or otherwise.

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