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Bullboard - Stock Discussion Forum 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... see more

TSX:FAR - Post Discussion

Foraco International SA > Pretty good day
View:
Post by FrozenInOntario on Aug 31, 2021 11:57am

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

What surprises me : the other drillers are not following.   So it must be company specific.  Would not think this is a buy out, who could afford them except for MDI ?  Or they are leading the pack, this upcycle is only beginning....


GLTA
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