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Synodon Inc SYXXF

Synodon Inc. (Synodon) is a Canada-based company focused on providing aerial integrity management solutions for oil and gas pipeline operators. The Company has developed a remote gas sensing instrument called realSens that is capable of detecting ground-level hydrocarbon gas occurrences from an aircraft flying at an altitude of approximately 300 meters (approximately 1,000 feet). The instrument contains a high definition photographic camera, a thermal camera, laser altimeter, global positioning system (GPS)/inertial navigation system (INS) system, on-board computer, control unit, power supply and an in-cockpit display system. It offers airborne pipeline integrity management services to operators of oil and gas pipelines, which include leak detection, pipeline threat assessment, Right-of-Way (R0W) change and slope analysis, tree canopy encroachment, water crossing analysis (including three-dimensional (3-D) water crossings analysis) and pipeline location classification services.


GREY:SYXXF - Post by User

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Post by CHINVESTMENSTon Sep 10, 2014 11:30am
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Post# 22923288

Holding up well

Holding up well
I really like how we're holding above the 50 and 200 day moving averages. Real strength Index hasn't been above 50 in ages and we're holding strong at 55. This is why I think we're not seeing the asks fall into the bids for once. News is likely to be right around the corner. Think we're going to have a repeat of march where we receive a number of good news articles and rally. Definitely looks promising considering how Synodon almost always releases news from late August to late September. All speculation right now but keep your eyes open for Tuesday and Thursday catalysts! Seems to be the preferred days of news release for SYD. Good luck everyone.
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