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Semafo Inc. T.SMF

Metals & Mining Industrial Metals & Minerals
Semafo Inc is a Canadian mining company with gold production and exploration activities in Burkina Faso. The company's main operations are in Boungou, Burkina Faso, and Mana, Burkina Faso. Boungou is a relatively new production site that is located in southeastern Burkina Faso. The Mana project, which has been in operation longer, includes the Siou deposit, which is about 20 kilometers from the Mana Mine in Burkina Faso. Semafo has developed exploration strategies for future deposits in West Afr


TSX:SMF - Post by User

Semafo Inc.
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Post by nijinsky70on Mar 18, 2010 10:25am
398 Views
Post# 16897677

SP drops on good news......why?

SP drops on good news......why?Well it sure looks like the good news was already reflected in the slow built up in SMF's SP leading up to the results being announced yesterday after closing.  Today these folks are selling and taking profit.  Let's hope they are quick in their selling and let the real investor get in afterwards. 

So much about confidentiality of proprietary financial information ....geez
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities