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 > a fool and his money are quickly parted

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Comment by FrozenInOntarioon Apr 28, 2021 4:03pm

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Post# 33084743

RE:a fool and his money are quickly parted

Hey Genius,

I do not realize the connexion between Cerb and other covid relief payments with Foraco. Did they collect millions in covid relief payments ? Are their clients pooling their covid relief to do more drilling ? Are poeple buying copper and gold with their cerb pushing their value up ?
A loss in the march quarter ? You might be right. Short it right away it sure will go down. Actually buying cyclical at peak earnings and selling when they are loosing money is quite a genius investing strategy.

GLTA

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