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

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Semafo Inc.

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Comment by jermleb1980on Apr 10, 2012 10:21am

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Post# 19775326

RE: 1Q update

In line with the production guidance of 235-260Koz for 2012. By the way Kiniero production guidance was 11-15koz. NBF forecast was 4koz for 9 months of production. In my opinion the stock has been overselled.

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