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

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Post by Chefboy69on Mar 16, 2024 9:32am

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Post# 35936429

nice consolidation here

- selling has dried up
- we are at a new floor level now
- once announcement of divi comes this will move to $3.20's and just steady growth from there. I think!
- I have most of my shares free here so this is a risk free investment and am riding house money.

congrats to all that loaded up early here. Not a large position for me. But i am long here!

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