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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 truestaron Feb 21, 2010 7:46pm
325 Views
Post# 16804872

RE: RE: RE: RE: RE: Gold in after hours!!

RE: RE: RE: RE: RE: Gold in after hours!!
I thought when it broke the 200 day average to the downside it would further slide, and even last week when both negative indicators were announced, (IMF buying back, and rates being raised to banks), it would break below 1100, but instead it rebounded and is now up 8 dollars overseas.  Someone is making a move here.  Soros increased his position big time in the 4th quarter after indicating he thought gold would soften?  When it is supposed to drop, but goes up, it means there may be a big run coming.  Glad you got back in!  Unless something freakish happens overnight or tomorrow morning you should be in the chips.
Bullboard Posts