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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 Jun 03, 2008 12:11pm
341 Views
Post# 15139273

RE: News out...

RE: News out...

SMF is on it's way to over 100M Cash Flow per year-to be trading at 3X Cash Flow will be recognized sooner or later-what you have is a bunch of shorters, (professional manipulators), trying to get out, so they work it down, so they can cover their shorts.  One of these days a large player is going ot step in and buy A LOT of shares or there will be a takeover.  I personally own a lot of shares, and would still buy more as this could easily be a $10.00 stock.
It wasn't that many years ago that Kinross was under $1
Bullboard Posts