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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
Post by nijinsky70on Mar 10, 2011 4:59pm
345 Views
Post# 18267845

SMF NR

SMF NRWell, it seems like another valuable "missile" (good news) just miss fired and wasted on the wrong day. 

By the way, please correct me if I'm wrong, I'm no geologist but this discovery does not seem to be very high grade to me to get overly excited.  The overall grade seems to be from 1.0+ g/t to under 3.0 g/t.  Anyway, a discovery is a discovery.  Who knows what more you can find if you do more poking around.   

May be the scavengers will be out tomorrow after a whole four days of dumping.  Who knows what more bad news they can dust off to use as an excuse for a sell-off.  I thought the Euro sovereign debt issue is kind of old to be a "boogie man" but apparent not.
Bullboard Posts