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SEMFF - Semafo Inc.: A Great Opportunity In The Gold Mining Space
Semafo Inc
I have been a shareholder in Semafo for over 2 years and still believe that this company is a great long-term opportunity for anyone who believes that, over time, the gold price will continue to appreciate. However Semafo Inc. (OTCPK:SEMFF) had a very bad 2019. They operate 2 gold mines in Burkina Faso. In August they experienced a pit wall failure at their Mana mine and in November buses carrying staff to their Boungou mine were attacked leaving 37 staff dead and many others wounded. The company shut down operations at Boungou until