In the past six months it has signed no less than four (4) new contracts with Aerospace
companies and has many more "irons in the fire". Technicals are extremely bullish.
This small Canadian listed firm, has four operating plants in the USA and the U.S. Aerospace industry is becoming it's oyster.
Here are the headlines:
IBC Advanced Alloys Partners with Baoshida Swissmetal and Avins to Develop and Distribute a New High Performance Alloy
Lockheed Martin Awards Contract to IBC Engineered Materials for BeralCast® Castings for F-35 Lightning II
Remember, penny stocks are "highly speculative", and should never constitute more than 5-10% of any portfolio. They are not for the faint of heart. Money you need for retirement should not be invested in "any" speculative stocks.
Having said that, we have been following this tiny gem for over a year now and accumulating it's stock on dips. From here on in, I doubt if there will be many dips to take advantage of, but that doesn't matter now that contracts are getting signed one after another.
With their foot in the door of U.S. Aerospace and defense contractors, and several new partners in Europe, expansion of this microcap should be astronomical in the coming year or so. We're holding on the for what we expect will be an incredible ride.
NOTE: IBC Advanced Alloys is currently a penny stock and trades on the Toronto Venture Exchange under the symbol IB.
It also trades on the OTC in the U.S. under the symbol IAALF.