Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 savyinvestor333on Jan 18, 2024 5:50pm
79 Views
Post# 35834794

RE:Down the road

RE:Down the road
sicnarf2 wrote: Many including me are going to regret not backing up the truck for this baby !
any think there is still lots of time ?

Personal question as everybody has different risk appetites. I have been In and out of this name since it was inially listed yes 2007 I believe. Bring up the lowest chart you can Yahoo charts is a good example. I am not a technical expert but you can see the long long base at $.40 and now we are only starting the climb back up. This could very well climb back to over $5.00 just the way it fell from $5.00 ie very low resistance. If you go back to the start of this bullboard you will see I was here. I hate to say it but I had over 7 times the shares I have now with a cost base at $.40 and sold them all in the first run up to $2.00
 I was out for a while but bought back a good chunk when it went back down to $1.00
 We have NEVER had volume like this and I have   not sold any yet and doubt I will for awhile. I am getting close to my upper percentage limit but feel this is just getting started. Sure there will be profit taking along the way but this is a solidly run business with insiders holding over 35% of the shares. What more could you ask for.GLTA
<< Previous
Bullboard Posts
Next >>