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Pyrogenesis Canada Inc T.PYR

Alternate Symbol(s):  PYRGF

Industrials Technology
PyroGenesis Canada Inc. is a Canada-based high-tech company. It is engaged in the design, development, manufacture and commercialization of advanced plasma processes and sustainable solutions which reduce greenhouse gases. It offers patented and advanced plasma technologies that are used in four markets: iron ore palletization, aluminum, waste management, and additive manufacturing. Its products and services include Plasma Atomized Metal Powders, Aluminum and Zinc Dross Recovery (DROSRITE), waste management, plasma torches, and Innovation/Custom Process Development. It also operates PUREVAP NSiR, which is a proprietary process that can use different purities of silicon as feedstock to make a range of spherical silicon nano- and micro-powders and wires, for use across various applications. Its products and services are commercialized to customers operating in a range of industries, including the defense, metallurgical, mining, advanced materials, oil & gas, and environmental industries.


TSX:PYR - Post by User

Pyrogenesis Canada Inc
Bullboard Posts
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(26)
•••
Comment by LeMarcuson Jun 06, 2017 8:19pm
263 Views
Post# 26332869

RE:RE:RE: HANG ON TO YOUR SHARES FOLKS

RE:RE:RE: HANG ON TO YOUR SHARES FOLKS
FanDuCh wrote: Let's not forget that PYR proposed to buy up to 5 000 000 shares on the market:

https://www.stockhouse.com/news/press-releases/2016/12/14/pyrogenesis-announces-intention-to-purchase-up-to-5-of-its-common-shares-in


They have no cash to do that within a couple of dozen months! But the idea was bullish!
More value into building a  2nd powder production system than buying their shares! 
Now that the Market Cap is around 100M and that they don't have cash flow to sustain such a valuation... making sure to bring recurrent, consistant, and hefty cash flows should be a prioroty to maintain SP.  They need to be selling all capacity of a first system, before building a 2nd one!
Let's see how market is "responsive" and "absorbant" of the new player's offer!
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities