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Semafo Inc. T.SMF

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

Bullboard Posts
Comment by nijinsky70on Jul 19, 2010 4:57pm
696 Views
Post# 17279989

RE: Where is gold going?

RE: Where is gold going?SMF got slashed while other gold stocks just got nicked today.  The answer is simple.  SMF is infested by short sellers and these people take every chance to nail your SP when there is weakness shown in the price of gold, or support for the stock.  One good news release (announcing more reserves) or good Q2 results would collapse their little game.  The shorts would be running for cover.  Until then we have to put up with these "annoying fleas".  

I love the day when the shorts have to make a run to cover.  It won't be long.  Some of them are on this Board knocking this stock as we speak, perhpas they are panicking already.  Pathetic sideshow!
Bullboard Posts