Can /mnt/hgfs/'shared folder' be used as apache root?

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http://unix.stackexchange.com – I have an Ubuntu Server (12.04) running on my development machine. It is in a VM. I have succeeded with the task of setting up Apache2, MySQL, and PHP. I can access the server from my host browser by pointing it to the IP. Hurray! My next task is to set up the filesystem so that I can edit project files on my host computer (Mac OS X 10.7) hit save and view them in my browser through the Linux server. How I am trying to accomplish this is by sharing a folder on my Mac with the VM, which mounts to /mnt/hgfs/foldername. Then I pointed my virtual host in Apache2 to that folder. chmod the f (HowTos)