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Foraco International SA T.FAR

Alternate Symbol(s):  FRACF

Foraco International S.A. is a France-based company engaged in the mining, geological and hydraulic drilling sectors. The Company's principle business consists of drilling contracts for companies primarily involved in mining and water exploration. The Company operates in two business segments: Mining and Water. The Mining segment covers drilling services offered to the mining and energy industry during the exploration, development and production phases of mining projects. The Water segment covers all activities linked to the construction of water wells leading to the supply of drinking water, the collection of mineral water, as well as the control, maintenance and renovation of the existing installations. The Water segment also includes drilling services offered to the environmental and construction industry, such as geological exploration and geotechnical drilling.


TSX:FAR - Post by User

Post by savyinvestor333on Jan 04, 2024 3:36pm
70 Views
Post# 35811191

Solid Buying Volume

Solid Buying VolumeI wonder if this is the end of the 100,000 share blocks foir sale. Seems like a lot of Institutional buying as they are eating 100,000 share lots pretty quickly. Last conference called they mentioned maybe an expansion into the U.S. as they are not present there. Also I wonder with the new found interest in the company there is talk of redomicile to Canada from France. That is one thing that could have kept Institutions out of the name.
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