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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 jermleb1980on Jun 15, 2012 2:30pm
363 Views
Post# 20018985

Is it going to drop under 5$ again???

Is it going to drop under 5$ again???

I don't understand this stock... it goes down twice as the TSX Gold index and never bounces back when the sector does. What is wrong with SMF? Ressource update is coming and suppose to be positive. Bullion is doing fine. Management want to keep the capex as low as they could. Nice balance sheet. I really don't understand. I've lost a load of money believing in the stock. If Greek vote for the euro than I guest it will be positive right? I'll throw the towel if it goes under 5$.

Feel great now ;)

Bullboard Posts

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