Before the fall this sat on 70c or so for a long time after it had tracked up from 30c in quicksmart time.
If you ignore the fall as IMO it went backwards on general market sentiment and had nothing to do with fundamentals of this company then a breakout from 70c would have come with the sort of announcements we have been getting in the past few weeks... and with each solid footing it builds in new markets the more its equipment and services will become integral to each project leading to a situation where certain companies will either have to continually deal with IDL because what it offers will be integral to its own product or they will have to make what IDL has a part of what they supply.
As IDL keeps announcing breakthroughs in more and more markets, you can be sure its profile on the radar of some global mining equipment companies will start to be too big for them to be ignored.
It's only a matter of time....
Good luck to all and DYOR
IDL Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
