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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 Money10179on Dec 07, 2015 1:04am
183 Views
Post# 24360349

RE:Will Russia push gold higher this week?

RE:Will Russia push gold higher this week?
Money10179 wrote:
According to analysts last week, gold was heading sub $1000. From a technical standpoint, gold has broken out to the upside currently sitting at $1085.70 (as i write this). Scare tactics were in full effect on the way down as the price eroded and word was spreading that gold was no longer a safe haven. Imo it looks like the opposite is taking place and it's exactly what they wanted you to think as they were buying hand over fist! This week the buying should continue as instability mounts in Turkey and Putin claims to release more evidence of Turkish involvement in buying oil from Syrian terrorists! This week will put TA to the test as gold appears to be breaking to the upside! Political hostility will once again draw people to gold! History repeats itself!


sorry for the awful grammar in previous post. Corrected above. GL everyone
Bullboard Posts

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