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 > why i'm out

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Post by baskcha1on May 05, 2021 10:20am

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Post# 33131475

why i'm out

not interested in getting back in. my views changed because gold is out. plus far has a lot of debt and basically no assets. pretty high price for a company that just puts holes in the ground. thats why i'm out. i could see this going back to 70cents. meanwhile, keep buying and trading amongs yourselves.

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