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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 truestaron Apr 10, 2008 11:32am
142 Views
Post# 14957486

RE: the last 30 min.

RE: the last 30 min.
Obviously someone is taking a position-could be another player- Franco Nevada said they have 250M to spend, maybe buy a piece, or a Kinross, Goldcorp, or Yamana-they need acquisitions at their multiples-if you see another move later today, this baby is in play-there is a very good chance that it is, as I know SMF would like some extra cash to explore Wona in a much bigger way as I've heard rumours of 14M oz potential
Bullboard Posts