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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 04, 2012 11:54am
205 Views
Post# 19758251

RE: RE: RE: Goldminer Ampella searching for a suit

RE: RE: RE: Goldminer Ampella searching for a suit

I never saw a NR on the placement.  You have to listen to the conference calls to find this info out.

I believe it is included in the financial statements under investments but does not identify the placee. A specific question was asked about the placement by an analyst, SMF said that it was arms length and they had no privileged info. They did not disclose who it was either.

Not sure if the conference call is still available but if it is you will also hear reference to the Kiniero restart in a "few weeks". Call was on or about the 14th so restart anytime.

 

Wes

Bullboard Posts