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 > And Another New High $2.41

<< Previous

Bullboard Posts

Next >>

Comment by savyinvestor333on Jan 15, 2024 2:20pm

82 Views

Post# 35827418

RE:RE:RE:And Another New High $2.41

I have noticed that 2 of thier biggest competitors have been bought up lately. They are DDH! Drilling in Australia and Boart Longyear. Both were listed in Australia. Just a guess but I have been thinking a large Eoropean Company could possible buy them out out. The one that comes to mind is VINCI. They are based in France with operations worldwide.

https://www.vinci.com/vinci.nsf/en/index.htm

<< Previous

Bullboard Posts

Next >>

Advancing flagship Ishkõday Gold Project in Ontario