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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 truestaron Jun 04, 2008 9:44am
229 Views
Post# 15142957

semafo and a partner

semafo and a partner
  They probably feel that they don't need a partner.  I have been invited ovr to Africa by Benoit and he says they have 70kms of similar structure to Wona Nyafe-if so, there could be 15M-30M ozs here.  They just need to shake off the shorts gain some respect and do another financing in the $3 range and develop what they hae and they could become a solid mid-tier producer worth 10-15B.  My target is higher than yours- $10.  If it drops to 1.30, I'm buying as much as I can.
Bullboard Posts