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.

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Foraco International SA > And here we are Again

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Comment by nedstar71on Mar 21, 2024 9:37am

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RE:RE:RE:RE:RE:And here we are Again

That's a helluva list in that contest and given one of your 3 is flat very nice performance.
For a short time Ret.a was also my second largest position too but couldn't do it today with the lack of liquidity and management making it pretty clear they have no intention of playing ball. At this point with all that cash to not even have the common decency to enact a NCIB is beyond anything I've seen. They have abandoned the stock and appear to want it to remain the gutter, where it still trades, albeit barely.

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A junior copper-gold stock trading at a bargain of monumental proportions