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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 Sep 27, 2011 4:44pm
255 Views
Post# 19090454

RE: RE: RE: RE: RE: Seems to always be manipulated

RE: RE: RE: RE: RE: Seems to always be manipulatedLooks like the shorts decide that SMF should be up today.  As a result SMF is just about the only gold miner of any note that went up today.  Maybe that serves their sinster purpose down the road.  Who knows what game they are playing anymore?

I have spoken too fast on New Gold without checking the short position.  If it is till heavily shorted by then I won't touch it with a ten-foot pole.  You got to take something away from the bad SMF experience.

Actually this shorting game is quite weird.  I can't believe that an old stodgy utility like Enbridge is also heavily shorted as at September 15 .  Are they betting on some pipeline not being approved?  I don't think ENB has any such big projects up on approval?  Keystone is TRP's baby not Enbridge's.  Hope the shorts got it mixed up and lose thier shirts.  LOL.
Bullboard Posts