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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 nedstar71on Mar 21, 2024 8:56am
43 Views
Post# 35944540

RE:RE:RE:And here we are Again

RE:RE:RE:And here we are Again
savyinvestor333 wrote: Good for you I think I see you on at least  the RET.A Board also. Just need that one to come to life someday soon.

Yes made some great money on that one (Ret.a) last year and still own a smaller position.  Management there seems content with doing absolutely nothing to make anyone want to own the stock, unfortunately.  You know, other than running a successful company with cash and real estate likely exceeding makrket cap.  I find their lack of even making a minimal effort to improve the stock palatability to the market more and more disturbing as each quarter passes.
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