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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 MundellFlemingon Sep 13, 2012 1:21pm
123 Views
Post# 20358097

RE: Speculation

RE: Speculation

There is little doubt that with a new QE the gold price will continue to stay high. What possibly can make it go even higher, however, is that the Fed openly says that they will enlarge the QE if unemployment doesnt improve. I think we'll se a very exciting fall for Semafo - and possibly considerably higher Q4 results than anticipated by many. 

Bullboard Posts