Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Apr 12, 2012 8:17am
337 Views
Post# 19784498

Bottom

Bottom

For SMF to have hit bottom we are going to have to see a relatively stable gold price and regular drilling results.  Project updates will come out when they release results mid May. These are big projects where milestones may not be recognized in share price increase right away. Going to have to wait for them to be a little closer to completion before a true valuation is added.  

Operationally SMF is superior to a lot of it's peers but when the sector goes backward SMF won't hold either. You can't gripe over that, it's not operational. Hold it or sell it then wait for the new bottom.

Maybe some of the more opinionated would like to give their opinion as to what the EPS will be for the first qtr.  I believe it will be $.085

Wes

Bullboard Posts