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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 soladadeson Nov 23, 2012 10:40am
242 Views
Post# 20635799

RE: RE: The pain is not over

RE: RE: The pain is not over

Solid buying again, albeit with reduced volume (owing to holiday schedule). I believe that $4 will be seen sooner than $3 (perhaps never again unless we have a solid correction in Au prices et al). Appears to be setting up for a reversal of trend. MACD just needs to cross over (which it currently is trying to do). SP Looking much better these days. Good entry point IMO.

Bullboard Posts