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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 Mar 03, 2011 9:28am
443 Views
Post# 18224345

RE: RE: No one talks to management here?

RE: RE: No one talks to management here?Yers you are right that the sellers would dry up eventually, but not when some manipulative clowns are selling back and forth to themselves to drive down the SP. 

This could only be stopped when they play this trick and someone with a huge capital just buy up everything in sight.  When this happens we would see a reversal of the shorts knocking down all the stop losses to create a panic.  We'll see the very thing we wanted, a mad rush of short coverage. 

I e-mailed SMF yesterday suggesting they announce a share buy back plan.  The effect is obvious, someone will start buying this deliberated driven down company in abundance.  This hopefully will put the fear of God into these lawless crooks.  It would be better if the company buys a fair amount of share, as a start, to make this bungee rope snap back violently.  We'll have a reverse shakedown. 

I think they owe us shareholders to do at least this much.
Bullboard Posts