Bullboard - Stock Discussion Forum Semafo Inc. T.SMF

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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

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Semafo Inc. > Security Screen

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Post by asforecasts on Dec 04, 2019 10:37am

Security Screen

Smart to shift to airplane transport. Unless rebels have SAMs the stand-off distance from airstrip would make for a difficult shot using RPG. Long road to mine, difficult to provide security along its length. More feasible with a caravan but maybe the road will no longer be used.
Downing an airplane would make it easier to obtain support from international force.

Just thoughts.

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Comment by uggg on Dec 04, 2019 11:17am

I picked up some this morning. They will figure it out.

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Comment by asforecasts on Dec 04, 2019 5:13pm

Please 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 ...more

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