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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 Bobwinson Sep 17, 2008 10:33am
548 Views
Post# 15462330

a little comeback

a little comeback    Semafo is bouncing today.  Not huge volume but +.18 to C$1.09 is very welcome after the drubbing most stocks have been taking.  Looking forward to Q3 results and further exploration results from Mana.  We have a very cheap gold producer that should show nice growth and profitability as we move thru 2009.  The exploration upside should continue to increase reserves, even as we increase production to the 240,000 oz range. 

Bobwins
Bullboard Posts