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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


TSX:SMF - Post by User

Semafo Inc.
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Comment by soladadeson Nov 22, 2012 11:05am
308 Views
Post# 20631686

RE: The pain is not over

RE: The pain is not over

I am of the opinion that we have in fact found a bottom and are now consolidating. Also, looks like a double-bottom has formed. I agree the top of the trend line is downward sloping, but I would be pretty surprised if we went back to $3 (guess time will tell!).

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Dealroom for high-potential pre-IPO opportunities