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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 25, 2013 9:11am
167 Views
Post# 20889069

RE: 2,2 cad is my target

RE: 2,2 cad is my target

high cost of production. Rainy season. B F Gov now have royaliies, but will not put hydro line in to lower costs. Diesel generators will eat profit. Rainy season will lower production. Managers wages high.  Shareholder bank rolling the project and gettting knowing on their investment.

time to talk with managment chage the situation.

cut high director wages.

 

 

 

Bullboard Posts