SEMAFO are producing at $565 CAD per ounce, I don't know where gold will bottom, but I cannot see it getting below $1100- USD per ounce. I am sure they would like OBS cheaper but Gold is still gold and long term projects such as SEMAFOS are commitments of 20 years. I would like to see them try to buy the stock on market, the SP would go through the roof and DGR is still holding the 37 000 000 share draw card. Let's see what happens by the end of the week, there will be lots of banter at the AGM on the 21st of the month. GLTA.
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