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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
Comment by nijinsky70on Dec 18, 2009 6:06pm
284 Views
Post# 16602930

RE: Somebody know why this hudge volume???

RE: Somebody know why this hudge volume???My guess would be some TSX index fund is buying up SMF because it's now either included or to be included in the TSX composite index.  That's the most likely scenario. 

The other one is, of course, someone is accumulating to buy out SMF.  This is every small retail investors' fantasy.  Trust me, you have a better chance being struck by lightening than that happening. 

But then again, people do get struck by lightening do they?
Bullboard Posts