Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.


Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?


Please Try Again {{ error }}

Send my password

An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum Foraco International SA. T.FAR

Alternate Symbol(s):  FRACF

Foraco International SA is the business of providing mineral and water drilling services and hydraulic drilling. It specializes in drilling in harsh environments and isolated locations including desert, and mountainous regions. The principal sources of revenue consist of drilling contracts for companies involved in mining and water exploration. The group has its operations in Europe, the Middle East and Africa, North America, South America and the Asia Pacific.

The Market Herald Price Sensitive
{{currentVideo.title}} {{currentVideo.relativeTime}}
{{story.companySymbol}} {{story.headline}}
< Previous bulletin
Next bulletin >
View modes: 


  FAR does drill in Russia but includes it with Europe Middle East and Africa.  Tough luck as it was picking up + 45% last quarter.  Anyway, one should expect a hit I guess, no idea more

RE:Foraco International wins a major 110 MU$ contract

Nice contract.  By my calculation this is 260 000/ month per rig.    GEO just annonced a contract in Egypt for 180 000/month for 5 rigs, same time frame.   Of course, the more

Foraco International wins a major 110 MU$ contract

TORONTO and MARSEILLE, France, Feb. 15, 2022 /CNW/ - Foraco International SA (TSX: FAR) (the "Company" or "Foraco"), a leading global provider of more

RE:RE:RE:RE:Brutal last couple of days

I think it is a temporary thing, looks like the U.S side is selling more than usual. There was pretty good volume over $2 in the last month so could be a blip. i will see where it goes on whether more

RE:RE:RE:Brutal last couple of days

Good luck.  Out of curiosity, short time trade ?   Believe you had a good deal, with a small volume like this on the sale, it might rebound back quite quickly. I did sold some when more

RE:RE:Brutal last couple of days

Couldn't resist just  bought 7000 at $1.59 to start a reentry.  rate and reply

RE:Brutal last couple of days

Like I said earlier this year when you need or want to sell shares in this the bid sometimes is not there. This large selloff is on very small volume. Not sure what it's signalling maybe more

Brutal last couple of days

Pretty good slide in the last couple of days.    All the drillers are not performing very well which would leads one to conclude that the market is forecasting the end of the more

3r quarter results

Just listened to the conference call : fully booked, demand for next year is forecasted to increase by 35% and up, lead time to get a new sophisticated rig is now 1 year and they are talking to more

Normal Course Issuer Bid

Toronto, Ontario and Marseilles, France--(Newsfile Corp. - September 16, 2021) - Foraco International SA (TSX: FAR) (the "Company" or "Foraco") today announced that the more

Pretty good day

Stock has been on a tear in the last couple of days, + 15% so far today clocking at 2.29 and making multi years high.  Still trading well below their highs of previous cycle at 4.93 more

Pretty good results

Reported one of their best quarter ever.   And rates are increasing from what I gathered from the conference call.   Good time to in drillers.    All the drillers more

Refinancing complete

Debt is now officially refinanced.  Note that the amount saved by this refinancing increased since it was first annonced going from 49 millions to 55 millions.    Note that this can more

Investor presentation

Interesting to see that they will do an investor presentation on June 15.   They have not done so for some time.   They do not mention the refinancing deal but I guess this more

RE:RE:RE:RE:RE:RE:RE:RE:RE:News Out on Refinancing

Hi, this is part of the settlement of the their 140 million debt.  They will issue them these shares as well as 90 millions USD that they are borrowing.    After paying some fees, more

RE:RE:RE:RE:RE:RE:RE:RE:News Out on Refinancing

If anyone can help me understand the last new release about refinancing..   Why would Foraco issue 9.3 Million Shares to Oaktree and Kartesia, is that to settle the $49.4 Million debt? more

RE:RE:RE:RE:RE:RE:RE:News Out on Refinancing

Interesting on Geodrill.  You mean Sustainable Capital ?  I see their last sale in March.   Do you know why they were selling ?  Of course, if they are slowly more

RE:RE:RE:RE:RE:RE:News Out on Refinancing

Yes it was a fairly large position and if you don't want to kill the demand and price you need to dribble the shares out. If you look back at Foraco's trading history there is lots of times more

RE:RE:RE:RE:RE:News Out on Refinancing

Patience paid off and congrats on the investment.    Once one starts to sell, it is difficult not to liquidate the whole position.    As i believe in that this is just more

RE:RE:RE:RE:News Out on Refinancing

As a long time shareholder and  buyer for over 5 years with my cost down to just under $..40. I have reduced my position to zero for the time being. The stock is still not trading large more