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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 shipwreckson Feb 21, 2009 9:04pm
294 Views
Post# 15795681

Semafo is still producing at these prices

Semafo is still producing at these pricesAnd even though it is not moving up with the price of gold one thing good about it is that cash is King and that is good for the next quarter as gold is pulling in some big bucks for them ...and cash is good to make aquistitions...and get bigger...and becomes more interesting to larger companies and that means buy out....with big bucks.  When the big companies with big share prices become harder for the little guy to buy...the little guy will be also moving in on small producing companies like Semafo...that means retail interest...and when the dam burst...we longs will be looking real good. 
Bullboard Posts