Profitable gold minerFirst of all, there aren't many profitable gold miners in production. Second, this one is selling for a forward p/e of 5 headed for 4. Third Gold goes down 5% and SMF goes down 11%???
If Semafo has 7 million oz in resources and is producing 200K+oz per year and making profits of .20/yr, what does that make all the other juniors worth??? Most can't touch the reserves, almost all are losing money and Semafo is slowly losing market cap! Unbelievable. I bought a smidge more today at .88. I don't know what else mgmt can do. Maybe they could be more visible in Canada.
I think this is a screaming steal compared to all other junior miners. Bobwins