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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 Jun 02, 2011 6:20pm
329 Views
Post# 18664620

RE: sold off

RE: sold offIf you have to rely on good economic news from the US to spike up your stock, you're dead in the water.  You are asking for a mircale.  Non farm payroll will be disappointing (as usual) and you can take that to the bank - not the US bank (because I don't trust them) - Canadian banks.  LOL  

The SMF newly released numbers are disappointing - higher cost, lower production, only to be saved by high price for gold, but will that last?  We need good drill results and a new mother lode to breath life into the SP again.  Meanwhile let's hope we can hold above $8 for a while.
Bullboard Posts