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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 shiftmanon Jan 22, 2013 4:36pm
143 Views
Post# 20874230

RE: RE: Dividend or growth?

RE: RE: Dividend or growth?

not really when they give two estimates of per oz costs.  One 200.00 an oz more than the other.

i think the announcement is really creative writing and no more.

buyer be ware company has over promised underdelivered too long.

100 an oz drop in gold prices would flatten SMF's share price.

 things to keep price down cival unrest country, rainy season slow down, the hydro power line which is big savings from diesel power generators.

 

 

 

Bullboard Posts