RE: RE: RE: semafo valuation Shiftman, with all due respect, the insiders hold a lot of stock too! The Vice Chariman holds 5 mln shares, the CEO 2 mln and bought more at 3.31 a few weeks ago. The company has 8-10 mln ozs in the ground and 150 mln in cash. The valuation of 500 mln after the cash is stripped for 8 mln ozs is too low! Gold stocks have been hammered and SMF over-hammered. It is fear that is driving this. I assume you are in with UB, BKRP, etc.. shorting the stock. They could sell this for 3.50 no problem, so watch out!