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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 15, 2011 9:14pm
275 Views
Post# 18290856

RE: More insider buying

RE: More insider buyingLooks like these purchases took place a litttle after 2:00pm today when 500,000 shares were sold.  Once again this is a buy in the open market by insiders.  If tomorrow gold price recovers a little, and SMF has smashing earnings watch out!  This could be the moment we all been waiting for to rid ourselves of the shorts.  I just hope the insiders are onto something when they "bet on their own horse".   
Bullboard Posts