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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 metalmaniakon Jul 14, 2010 1:04pm
556 Views
Post# 17268786

RE: initiated a short position at 8.50

RE: initiated a short position at 8.50as I wrote correctly...heading back to 7.
We are here now and i am holding my short. Multiples just way too steep here. Meanwhile HRG which trades 4x cheaper multiples going higher. Yawn. Multiples count thus my 2 shorts are Semafo and Redback...both down nicely.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities