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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 westhecaton Mar 01, 2013 8:42am
168 Views
Post# 21060840

RE: RE: RE: Cash cost per ounce.

RE: RE: RE: Cash cost per ounce.

At the end of the day the company gives you a set of financial statements to summarize the quarter or year. 

In those statements you can easily find out if they are good operators, good administrators or both.

It's all about the cash flow.  You have cash at the end of the quarter you can continue to invest in improvements to equipment, cost containment etc.

Compare this companies' cash flow to it's peers and you can gage whether they are good operators.

Bullboard Posts