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Bullboard - Stock Discussion Forum 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... see more

TSX:SMF - Post Discussion

Semafo Inc. > Smf price sure moves around
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Post by snogoozz on Aug 19, 2016 8:18pm

Smf price sure moves around

I've been invested for a while and suffered the ups and downs.

Couple of days ago had a look at stockcharts.com and noticed that it pretty consistently bounces off the 50 day moving average.

It was on the $6.50 point so I added a little and today it goes up a little even tho the POG is down.

Am I onto something?

https://stockcharts.com/h-sc/ui
Comment by snogoozz on Aug 19, 2016 8:26pm
    sorry bout the link......for unknown reason for chart for gold shows up just enter smf.to and hit 'update'                                  
Comment by humblepie on Aug 24, 2016 8:23pm
It moves a lot because the beast in the shadows dumped over $1B of paper gold all at once, and the banksters moved in to short the miners like vultures. Gold down 1% and miners down 10% ... ten times as much. They took a loss on the paper gold they dumped but made more shorting the miners. Rome is burning...
Comment by InvestorO on Sep 09, 2016 12:19am
wow seems tough to win with the big trillion boys ................... I stay in smaller circles .... I Ilke this one  I beleive its in the same country that Semafo has its operations Nexus Gold – NXS.V https://www.nexusgoldcorp.com/index.php/news-releases/2016-news/54-
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