Post by
templetooth2 on Nov 15, 2019 1:59pm
The Economist
There's an article in the Nov 14 edition about the Semafo attack, artisanal mining in Burkina Faso and jihadist influence. Interesting factoid - Mali thought to be largest global producer in 13 th century. As per usual, the magazine has an opinion on problem solution.
I have a growing suspicion that "Semafo" going forward is going to be a semi-toxic name with a more-than-usual discount. I have opined elsewhere there are too many small and mid-cap producers in this part of the world. I think Semafo should spearhead a consolidation effort to form a million or two annual ounce producer. Use some of the admin. savings of joining togeether 4 or 5 companies to fund a bad-azz mercenary security force.
Comment by
skepticalme on Nov 18, 2019 9:13am
A little had for anything positive to happen when your people are being slaughterd on the road to work. Ya think...
Comment by
trebor157 on Nov 19, 2019 5:49am
Web results Top Gold Stocks for November 2019 - Investopedia Semafo Inc.: Based in Canada but with a focus on mines in West Africa, Semafo targets gold exploration and production. In early November