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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

Comment by asforecastson Dec 04, 2019 5:13pm
226 Views
Post# 30422642

RE:RE:Security Screen

RE:RE:Security ScreenPlease look at the link of the Africa Terrorism Map which identifies groups and territories:
Africa Terrorism Map
Boungou is right on the border with Niger, in the middle of the blue dot cluster.
Burkina Faso is in the top 3 hot spots and is a boatride downriver from Mali.
The mine will not reopen until the airstrip is complete and they have militia support to cordon the area around the mine to protect aircraft.   You trust too much.  They are miners, the govt of Burkina Faso has to step up.  I will buy on the next low, not before.

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