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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 16, 2011 7:46pm
278 Views
Post# 18296080

RE: RE: RE: RE: RE: RE: And now..... the rational

RE: RE: RE: RE: RE: RE: And now..... the rationalI agree with all your numbers, no questions there.

However, if the situation about the reactors in Japan deteriorates any further I think we can be looking at another round of global sell offs - regardless of any positive news on the individual company basis.  SMF has been most unlucky that way this year.  All the great news it issued were either torpedoed by the shorters, or drowned out on market down days. 

And now it's record earnings, which should boost SP under all circumstances, are once again at the mercy of a developing global calamity................ 
Bullboard Posts