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 > own the drilling the company

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Comment by savyinvestor333on Dec 20, 2023 7:27am

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Post# 35793292

RE:own the drilling the company

Chefboy69 wrote: that services all of the CSE/TSXV mining pump and dumps.

Read up on the fins here.
-Free cash flow is increasing every Q
- company has bought back shares at lower price( smart move)
= very steady eddy and about to break-out

I grew up and learned what stocks to BUY and HOLD..

and what stocks are trading vehicles. Most are latter

Foraco is not really exposed to the Juniors if you check it out. Maybe 10-15% of thier business. The bulk is with likes of Rio Tinto,Vale and BHP

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From now on, dynaCERT instead of Bitcoin or NVIDIA?