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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 Aug 09, 2010 10:54pm
533 Views
Post# 17336073

RE: Price of Gold and Gold Miners

RE: Price of Gold and Gold MinersFrankly if you listen to experts like John Embry, gold should have been $1,500 last year and it should be marching towards $2,000 by now.  The most common prediction is gold will be $1,500 this year and the sky is the limit after that milestone is reached.

After hearing all these predictions for so long they have no effect on me anymore.  I'm realistic, I'm still waiting for them to get a foot hold on $1,200 and climbing over $1,300 if ever.  Actually if I collect a penny everytime I hear such predictions I should have collected over $1,300 by now.  LOL.      
Bullboard Posts