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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
Post by westhecaton Sep 19, 2011 8:30pm
220 Views
Post# 19059452

Looks like Greece

Looks like GreeceWill be the market's biitch again for a few days.

It's hard to believe how many times the fears have been high and then fears abated, then fears come back, then abated over Greece. Beginning to be a bit of a joke.

Gold sells off and the rock appears to be the US dollar again.  Obama gets up to the podium today and announces 3 $trillion in budget cuts in hopes of solving their debt problems.  Of course his plan needs to go into year 2017 in order to begin to work. Also needs to get approved by congress.

Kind of ironic the stable economy is Canada and the dollar has been losing ground to the US dollar recently. This is great for the Canadian economy.

The natives in Guinea appear to be uprising over jobs.  Would appear that the Kiniero mine may be down for a while unless the government goes in and negotiates with some lead.

Wes 
 
Bullboard Posts