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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 TOCATon Sep 11, 2014 10:38pm
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Post# 22929379

RE:RE:Value $7

RE:RE:Value $7I'm not using discounted cash flow models. Just rule of thumb trading at 10 times cash flow or 20 times earnigs. Could use asset value 4.7 mil oz measured and indicated $425/oz. Up side is price of gold or new discoveries.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities