Good Morning!
Computers have peaked. Looks like smart phones are peaking. Where’s the heat in the high-tech world to take their place?
DRONES. Unpiloted robot aircraft, run by remote control or artificial intelligence. That’s what Valmie Resources Inc. (VMRI) is all about.
For YEARS Wall Street has been raving about what drones “could” do, how giants like Amazon and Google “might” commercialize this technology.
Now the drones are actually flying -- even at night, as the WSJ itself says. And yes, the VMRI chart is flying too:
That initial “kaboom” up there is what amounts to a declaration of WAR from VMRI -- even though its drone applications are peaceful civilian stuff.
The company just scored $2.5 million to super-charge expansion plans. As the headline says, they’re getting “aggressive” about grabbing their share.
And since industry gurus say the drone market will to generate $82 BILLION in capital flow between now and 2025, that share could be HUGE!
If you recall, VMRI starts with proprietary artificial intelligence so drones can drive themselves with only a little human help.
They bought a drone maker to provide the hardware proof of concept and more they started rolling up pilots to fill that piece of the platform.
Now as far as I can see VMRI is an integrated vertical play, the closest thing to a PURE play on civilian drone technology around.
Applications may include forestry, wilderness rescue, prospecting, pipeline surveillance, every niche adding up toward gazillions.
Right now VMRI is talking to potential customers from Big Oil to beyond. They have connections in Mexico so they’re looking south.
Either way, with VMRI getting its flying permit, the company literally has a blue sky opportunity to reach for customers around the world.
And the chart is definitely stretching for blue sky! We’re already up 3 digits from the old days, so the trend is STRONG.
We didn’t trade that first flush but now that the action has had a few weeks to consolidate, we can swoop in as Round Two evolves.
Right here I see 40% headroom for VMRI to chase before it challenges the recent high. That tells me this part of the party is FAR from done!
From there, who knows? We’ll explore that horizon if and when it comes!
Sincerely,
Michael Reef
yourstockguy@gmail.com
