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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 westhecaton Apr 20, 2011 12:40pm
575 Views
Post# 18461741

RE: rating increase

RE: rating increaseDid Paradigm give it a target or just a buy rating?

Over the last few months there was a sell rating on SMF on the Yahoo Finance site from one analyst.  That has dissappeared as of this week.  If the short position decreases significantly then quite possible that they were the ones short.
Short report is due anytime.

The good producers will be banking a lot of rainy day funds with the POG around $1500.  Over a million dollars a day coming in at SMF.

Wes
Bullboard Posts