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Semafo Inc. T.SMF

Metals & Mining Industrial Metals & Minerals
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

Semafo Inc.
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Comment by truestaron Nov 03, 2009 1:51pm
268 Views
Post# 16448492

RE: being held down.....

RE: being held down.....
Why would Semafo sell for 5 when it's worth over 10?  YOU just posted the value of SMF vs. RBI + SMF has better management and likely better reserves-just not proven yet.  Let's split the difference at 7.50 and we're all good!
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities