Foraco International SA T.FAR

And Another New High $2.41

[savyinvestor333]

We are rocking now GLTA

[savyinvestor333]

Very technical point here. I believe $2.45 is an almost 11 year high. 

[ddogold]

Any theories as to what's behind the volume and share rise ? All this with the American markets closed . 

[Possibleidiot01]

Jordan Zinberg had this as a TOP PICK on BNN. Foraco (FAR TSX)  Foraco is a leading global drilling services contractor that operates across several major mining regions. The company has gone through a major transition in recent years, focusing its footprint on stable jurisdictions, signing long-term contracts with Tier 1 customers, and demonstrating dramatically improved financial

[savyinvestor333]

Thanks for That Possibleidiot01  We just hit an 11 year high. Not selling a share. This show is just starting!

[ddogold]

Thanks to both of you . 

[savyinvestor333]

He has a $6.00 Target.  NIce

[retiredcf]

Second stock in the clip. GLTA https://www.bnnbloomberg.ca/video/jordan-zinberg-s-top-picks~2847160

[Possibleidiot01]

stockchase.com TOP PICK Faraco International(FAR) 15/01/2024   It's been around for 60 years in the mining drilling services business. It has started focusing on less volatile geographical area and on EV metals. There is steady progress on the top and bottom line financials. Costs of financing will drop. It trades at a good valuation and higher

[savyinvestor333]

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

[savyinvestor333]

More on VINCI  here is a list of thier Canadian Operations https://www.vinci.com/vinci.nsf/en/locations/pages/canada.htm And here is a Canadian Drilling Company that is already owned by them. https://www.mudbaydrilling.com/ It's a huge company but would be a logical buyer considering the ties to French Ownership.