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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 TOCATon Dec 08, 2013 8:00pm
193 Views
Post# 21984239

RE:RE:RE:Growth? What growth?

RE:RE:RE:Growth? What growth?Treetop2, its really $900 mil in 5 years and another $900 mil the next 5 years for $1.8 bil in 10 years @ $1100 an oz.  If gold just stays where it's at, add another $300 mil for $2.1 bil. Who knows gold might go higher but this company is solid at $1100 per oz. It wii be more profitable at $1100 an oz than it was with three mines at $1800 an oz. Siou is still open and they have other targets as well.

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