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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 nijinsky70on May 17, 2010 9:40am
478 Views
Post# 17104895

Bought more at $6.93 (really!!)

Bought more at $6.93 (really!!)I know there will be some weak knee selling at the opening bell.  I bought more SMF at the surprising price of $6.93, yes $6.93 - lower than the bought deal price of $6.95. 

All the shares I bought are small lots - lots of 100 to 300 tops.  After these small lots are gone I am sure the SP will bounce back to the $6.95 price at the very least.  I should stand to make a smal profit if I flip them at the end of the day.  Let's see.   
Bullboard Posts