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Semafo Inc. T.SMF

Metals & Mining Industrial Metals & Minerals
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

Semafo Inc.
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Comment by nijinsky70on Aug 05, 2011 3:03pm
294 Views
Post# 18909656

RE: RE: RE: RE: RE: short position increase

RE: RE: RE: RE: RE: short position increase"I heard through the grapevine that management is actively looking for companies to buy."

I hope not.  The SP of purchasers are always punished whenever that happens.  Don't you think SMF have been pounded enough yet - with shorts pinching its SP at every turn (like today, it's a shorter godsend)?  Looking for a buyer would be the opposite.  You want to see the shorts bleed to death (don't we all) that's when it happens.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities