Semafo Inc. T.SMF

quarterly results and projects update

[bull_man]

obviously our quarterly results were well received by the market as we are up 12%; the trump effect also helped a bit; however can anyone pinpoint what exactly in the quarterly release is so attractive to the massive buying today?

[Daytrading16]

Market reacted to good news and gold is up $16 nearing 1300$ an oz. Two good things correlate to share price rising. Most likely a temporary gain unless gold keeps rising. 

[checkup]

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[bull_man]

thanks checkup; hadn't seen the CSFB upgrade....wow, finished up 18%; CSFB is usually very tough on rating miners, so the upgrade was defintely seen as a huge positive by the market; if gold breaks the $1,300 mark, i wouldn't be surprised if we blow by 4 bucks sooner than later.