News that Bourque Industries, Inc. (OTC: BORK) became current this week has stirred up interest among investors looking for infrastructure stocks that could benefit from the administration’s new infrastructure bill. A developer of metal alloys using revolutionary processes, Bourque Industries’ products are used in a variety of industries such as ballistic armor, electrical, aviation, automotive, mining, and agriculture. BORK took a plunge earlier this month due to complications in its custodianship process, but could see a reversal after becoming pink current. Nonetheless, there are a number of catalysts that could influence the company’s direction and PPS as they play out.

Catalysts

BORK was previously trading at $.0197 until a custodianship play by Paul Moody triggered a 98% drop on November 12th. Investors who were bullish on BORK’s founder – John Borque – executing the custodianship, briefly became disillusioned with the company. But now that BORK has become current, Paul Moody dropped his custodianship attempt and many investors are anticipating a major correction after the initial over-reaction which triggered the sell-off.

As a company with a low float of around 235 million, zero dilution, and $6 million in patents, BORK has significant potential. Choosing to renew its operations in the metal alloy industry – expected to reach $149,200 million in global revenue by 2025 – BORK is definitely one of the infrastructure stocks which could benefit from the $1.2 trillion infrastructure bill. Investing heavily in the nation’s roads, bridges, ports, power grids and much more, the government is expecting the domestic metals and mining industries to supply its demand.

With this in mind, Bourque Industries is particularly appealing because its wealth of patents include its Kryron metal alloying process. This process uses nanotechnology to fundamentally alter common metals to form “ultra-high performing super alloys” with commercial and industrial applications. This means, BORK can use its patented process to create super alloys from aluminum, copper, and steel.

Before falling into inactivity, BORK’s “Level III stand-alone Kryron Terminator Armor” was certified by the National Institute of Justice – qualifying BORK’s body armor for purchase by US law enforcement agencies looking to protect their frontline officers. But its “Kryronized alloys” can also be used in the agricultural, wire, automotive, and mining industries as well as for ballistic body armor used by the military and law enforcement.

At the moment, BORK is providing price quotes for its Kyron materials used in personal body armor, vehicle plates, new battery technology, and oil pipelines, as well as automotive and power grid wire. While the company has not been producing any Kyron-based products since falling out of operation, BORK plans to restart its operations after paying off its debt.

As BORK prepares to launch its new website, investors are anticipating that the share price will rebound to its price pre-Moody. Many are expecting the company to release details of its business model and future plans now that the company has become current. Considering its low float, BORK could begin climbing back to its previous PPS of $.0197 or higher based on news.

Media Sentiment

Custodianship aside, @Jcazz17 is bullish on BORK because of its product and wealth of patents.

Technical Analysis

infrastructure stocks BORK stock chart

BORK is currently trading at $.0129 with a support at .0114 and a resistance near .02. Accumulation has continued to decline following the November 12th selloff, but the MACD had a bullish crossover and is still climbing to the upside. The RSI is currently holding at 49.56.

Should you buy?

With $6 million in patents including its patented Kyron alloy process, BORK is shaping up to be one of the major infrastructure stocks on the OTC market. The stock’s low float and incoming website leave room for BORK to retest its resistance at $.02 with news from its management team. But many investors are still waiting to see the company’s long-term strategy for generating revenue. Those bullish on infrastructure stocks’ potential could find a good entry point for investing in BORK at its current dip price.

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