Today we review Semafo Inc for you. What is Semafo Inc? What do they offer (the investor) you? Are there better alternatives in this space? This are just a few of the main questions we help you answer in this short review!
Name of the company: Semafo Inc
Official Website URL: https://www.semafo.com/English/home/default.aspx
CEO: Benoit Desormeaux
Products: Gold, mining stocks
Today we look at another large company that would be of particular interest to you as an investor. This company is Semafo Inc. In doing thorough scrutiny about the areas that I will list below, I hope that I will have given you sufficient information to decide whether you would like to invest with this company or not. Let’s get into it right away by finding out:
– What is Semafo Inc about?
– How does it go about its operations?
– Which products does it bring to the market?
– Is it a genuine company?
– What investment opportunities does this company offer?
– Which are the best alternatives to its investment opportunities?
– What are its pros and cons?
What is Semafo Inc?
Semafo Inc is a Canadian-based gold production company whose mining and exploration projects are situated in West Africa. The name SEMAFO happens to be an acronym for “Mining Exploration Society in West Africa”. The administrative and managerial tasks of this company are run in Montreal, Canada, where its headquarters are located.
Semafo’s experience as an intermediate gold producer can be attributed to its existence in the mining sector for more than 20 years. With the accumulated experience and excellent management practices in place, this company continues to conduct responsible mining in its mines. It also leverages the value of its development pipeline to deliver exemplary results to all relevant stakeholders.
How it works
Semafo’s position in the mining industry is mainly influenced by the expertise it exhibits in the management of its mining and exploration activities in its projects. The Mana Mine and Boungou Mine are the main assets owned by Semafo. The Mana Mine is the 3rd largest gold mine in the whole of Burkina Faso and is located within the popular Hounde volcano-sedimentary belt that contains huge gold reserves. The Boungou Mine is located within the Diapaga volcano-sedimentary belt, which is also a highly-coveted mineral resource region.
Semafo’s success comes from the consistent and strategic development of the above mines, through pumping insufficient funds to cater to extensive but responsible mining. This company is also the proud owner of Siou development.
Substantial resources are also allocated to the exploration projects that this company owns in the following areas:
Semafo Inc is a household name in the mining sector due to its reliability in as far as the supply of gold to the market is concerned. Despite not being the largest gold producer in Africa or the entire world, Semafo brings to the market thousands of ounces of gold on an annual basis.
Those who use gold to grow their wealth or simply fend for themselves have every reason to appreciate this company’s operations.
Is it a genuine company?
Semafo Inc is a legit company. We can tell this from the manner in which its operations are run in Canada and in West Africa. Laundering funds between these two regions would have already been sniffed out by the existing authorities. Also, this company has been in existence for more than 2 decades, which is more than enough time for a company of this kind to simply thrive without being flagged for any illegalities. Semafo’s association with the local communities is also a testimonial to its genuineness. It funds the Semafo Foundation, a non-profit organization that sees to it that the lives of the local residents are improved.
Semafo Inc makes it possible for investors to have a taste of its prosperity by offering them stocks. With these stocks, the investors can make strategic trades and end up earning an income that can actually fund their change in lifestyle. If you would like to try your shot with these stocks, then you can access them through the Toronto Stock Exchange where they are traded under the ticker SMF. Be sure to study the underlying trends of these stocks on Bloomberg, before sinking a single penny.
Alternatives to Semafo’s stocks
The industrialization has presented a number of challenges, with economic instability being amongst the major ones. Nations are constantly battling each other as they attempt to solidify their position as the superpowers in the entire world. With such challenges, the prices of most assets in the market, including stocks are usually negatively affected. Those who have invested in physical gold through a precious metal IRA Company such as Regal Assets barely have nothing to worry about. The stability of this asset makes it withstand all the market forces, and to surprisingly survive major economic crises.
The other group of investors whose investments withstand the ups and downs in the market is those whose decisions are backed up by credible information. There are many conmen posing as investment gurus, and selling the very basic information through overhyped approaches, and you do not want to end up losing your money to them. Capitalist Exploits steps in with the Resource Insider, which keeps you updated with the most lucrative investment deals, including those involving mining stocks. The expertise of the team at Capitalist Exploits is beyond reproof, and you can expect the same with the investments it directs you to take up.
Think about it:
You may have already seen what happens to stock prices every time there is a major economic crisis. Investing in physical gold through a gold IRA will present you with a list of many benefits, including the professional services of the custodians who guide you on how to structure your portfolio.
With a company such as Regal Assets, for example, you can invest in an IRA.
I also want to recommend Resource Insider as they let you invest like a Mining Magnate without you having to be one… If you want to profit from the mining industry and get (huge value) insider info.
Both of the companies mentioned here also offer other services that you as an investor might find very beneficial so it might be a wise thing of you to have a look at both of them and take advantage of their great FREE services to start with.
Our #1 recommendations (best of both worlds) below:
Pros and cons
It is always wise (and recommended) to compare the positive sides against the negative ones to get a better overall view before you make any decisions. As always in our reviews we provide you with some clear points on both sides of the spectrum:
– Mines are located in mineral-rich belts
– Located in a politically stable nation
– Owns many exploration projects
– Semafo’s stocks are subject to drastic fluctuations resulting from external forces.
Do You Own or represent Semafo Inc?
If you are a representative, or associate of Semafo Inc and have found something not to be correct in this review please, feel free to tell us and I will make sure to update the info on this post. The easiest way to do it is in the comment section below or simply by sending us an e-mail to email@example.com.
Final words and verdict
Overall rating: (4 / 5)
Ok, I think that sums up the overall view of Semafo Inc pretty good. It is a legit service for sure, however, if it is the right one for you or not is something you have to decide yourself. It is always a wise thing to educate yourself as much as possible in the areas you are interested in. It might be a good thing for you, however, make sure to get your info from more than one source.
You made a wise decision to read this review and you are a smart person so I am absolutely sure that you will find the right company to do business with that suits your particular needs the most.
What I would recommend?
There are many great investment services out there. We have many Gold Mining investment opportunities and services, coin dealers, IRA service providers, and financial services in general listed on this website, mostly for precious metals and Bitcoin but also for other alternative investments.
You can find the best from 2 worlds that we can recommend below:
I hope you found this short review of Semafo Inc to be helpful and that you now have a better understanding of what it is and if it is something for you or not. Please, if you have used any of their services then share your experience in the comment section below as it can help others! Also, if you got any questions about this review I will be more than happy to answer them below!
I wish you success!
founder of: Goldretired.com