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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 jermleb1980on Feb 11, 2015 8:18pm
199 Views
Post# 23420306

RE:RE:RE:DOESN'T MAKE SENSE !

RE:RE:RE:DOESN'T MAKE SENSE !If a syndicate is willing to put some money on the table I guest it's because it's worth it. The Orbis gold acquistiion will diversify the revenus. Let's say 5.50$ is the target (clearly achiveable) they do around 50% in ROI quickly. At the same time they kind of set floor price which is not bad at 3.70$. I think we should beef up your position instead of whining. These guys has made great calls lately.
Bullboard Posts