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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 Mar 18, 2011 9:46am
382 Views
Post# 18304233

RE: More insider buying

RE: More insider buyingThanks radar03 for the daily update. 

The constant buying by insiders during the past few days is getting serious.  We are looking at bigger volumes and higher prices.  Yet the buying continues.  Usually when people are buying in that pattern (insiders or otherwise) they are telling us they expect to turn a fast buck.  This is lending more credence to our suspicion that something is up. 

We will continue to watch with interest, of course.
Bullboard Posts