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Semafo Inc. T.SMF

Metals & Mining Industrial Metals & Minerals
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

Semafo Inc.
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Post by justintime58on Feb 10, 2015 10:35pm
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Post# 23416629

Take over Update

Take over UpdateWell we did it. Based on the 250M Orbis shares outstanding and the $120M in the bank plus the $60M line of credit, we could only offer $0.72/share for Orbis. Got it for $0.713. Will be interesting to see how the market reacts tomorrow.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities