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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 bahtbuilderon Jan 12, 2011 5:36am
641 Views
Post# 17958070

My prediction is Alacer Gold is King

My prediction is Alacer Gold is KingAnatolia Minerals-ANO.T
https://www.anatoliaminerals.com/i/pdf/2011-01-11_Dahlman-Rose-Presentation.pdf


ANO is severly undervalued... Going to 400K ounce immediately as Copler is ramping into Q-2 at 80% capacity. Anatolia-Avoca merger will create value with 15Millon oz in resources. New company: Alacer Gold, 273 Million shares out.

SMF valued at more than 3 Billion USD and Alacer Gold will have 50% more production at lower costs than SMF.

Any math majors out there?

Semafo
M&I (incl P&P): 4.4 million ounces
P&P: 2.4 million ounces
Non producing mines P&P+M&I: None
Valuation P&P+M&I = C$ 561/ounce
Bullboard Posts