Foraco International SA T.FAR

Alternate Symbol(s): FRACF

Metals & Mining Industrial Metals & Minerals

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

Foraco International SA > sell target here?

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Comment by savyinvestor333on Jan 16, 2024 12:16pm

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RE:RE:RE:sell target here?

I prefer to take a different view and will see how high and how fast we move before selling any. When I do decide to sell it will be more of a trimming as I never let any stock get to be too big a portion of my Portfolio. I'm retired so while this stock is on the riskier side of the spectrum it is also now my biggest single holding. I try to hold positions ranging between 3% to 6% of the total value of my Portfolio.

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