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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 truestaron Mar 30, 2011 5:30pm
400 Views
Post# 18363444

RE: RE: RE: Can someone explain

RE: RE: RE: Can someone explain
Sentry is only allowed to hold one stock as a max 18-20% of their portfolio.  As the stock price went up they had to liquidate as the stock was too high of a percentage of their precious metals fund.  They love the stock and say SMF is the best at hitting their gold when drilling of any company they own.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities