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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 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

Comment by FrozenInOntarioon May 26, 2021 1:05pm
75 Views
Post# 33268378

RE:RE:RE:RE:RE:RE:RE:News Out on Refinancing

RE:RE:RE:RE:RE:RE:RE:News Out on RefinancingInteresting on Geodrill.  You mean Sustainable Capital ?  I see their last sale in March.   Do you know why they were selling ?  Of course, if they are slowly liquidating their holdings, it will take some time.
I am getting older too but i gave up trying to time the market.   We might see a good pullback but then, at what level should one get back in ?   If all of these guys keep on clocking improving results (as managment comments across the board seems to indicate), the stocks could have a pretty good run in front of them.  Interestingly, apart from GEO, all the others posted so so results but with pretty good narrative.  And the stocks started to move this fall anyway.   Anyway,  might be wrong, but holding tight for next results and crossing my fingers for a 2010-2012 repeat :)

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