EXHIBIT 23.2

                          INDEPENDENT AUDITORS' CONSENT

                                  [LETTERHEAD]

     We  consent to the use in the Registration Statement of Intrepid Technology
&  Resources,  Inc. and Subsidiaries on Form SB-2 of our Auditors' Report, dated
August  11,  2004, except for Note 13 dated October 13, 2004 on the consolidated
balance  sheets  of Intrepid Technology & Resources, Inc. and Subsidiaries as of
June  30,  2004 and 2003, and the related consolidated statements of operations,
cash  flows,  and  changes  in  stockholders'  equity.

     In  addition, we consent to the reference to us under the heading "Experts"
in  the  Registration  Statement.

"Eide Bailly, LLP" (formerly Balukoff, Lindstrom & Co., P.A. - joined Eide
Bailly November 1, 2004)
Boise, Idaho
December 14, 2004