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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 Apr 19, 2012 7:30am
368 Views
Post# 19811215

Short increase

Short increase

Up 200k.  Best they could be in at is $5.35 assuming they sold at the high over the last two weeks.  Decent news and a little spike in gold could easily put them under water if they haven't already covered. Shorts have been active in many golds over the last few weeks.

 

Wes

Bullboard Posts