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Bullboard - Stock Discussion Forum 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... see more

TSX:FAR - Post Discussion

Foraco International SA > Anyone paying attention here?
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Post by savyinvestor333 on Mar 27, 2023 11:04am

Anyone paying attention here?

With the 2 largest shareholders annoucing their retirement recently and the recent strength in the share price I think that they may be setting this company up for a sale. Time will tell and I am patient especially with a 100% gain on my original buyback shares less than 6 months ago.  GLTA
Comment by savyinvestor333 on Apr 05, 2023 7:52am
Todays news that they are exiting Russia tells me this is sign number 2 that they are preparing for a sale. I could be wrong but we will see. GLTA
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