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

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Comment by Sandman852on Dec 10, 2019 3:47pm

128 Views

Post# 30441100

RE:RE:RE:PyroGenesis is reaching-out to customers

Sandman852 wrote:

WHat this BB needs is more unbias posters who can see the whole picture without only looking at what MIGHT happen if everything suddenly goes great. Note - i will reiterate I have held this stock long enough to have fully paid for all 40k shares that i still hold and will likely hold until it either DOES what PPP says it will do or it tanks or gets privatized at a slightly higher price than today.

The facts :
- IF YOU HELD HPQ you should be choked at PPP's comment on u tube that their work was left undone while the company worked on getting these other projects ? First HPQ had paid for the work. Second there is NO update on the solar grade silicon but they have stated they will try to do silicon powder ? IS that an admission of failure ?
MORE IMPORTANTLY how on earth are they going to complete 29 - 40 million in backlog if they couldn't even do the work commisioned by HPQ ? Don't tell me the side work was more taxing than the 3o mm in backlog will be .
So that means we are now waiting for that elusive down payment.
The next issue....In 2015 PYR signed a big contract to produce additive machines for a chinese firm.. Same statement made then. the downpayment will cover production costs ..Well it turned out they lost money on the first one made and had to cancel the remaining order just to save money. Not sure what that cost but it does speak to whether or not they have a full understanding of production costs
But regardless they have NO money to speak of and there is no way they can finance 29MM in production regardless of what they are intimating. To increase production from 7 MM for the year to 30 plus will cost a lot of money and will require a lot of materials and labour which don't come easy. All this without the need for cash ? NOT LIKELY

So i have my concerns and hope that PPP makes statements that make sense and address these issues rather than constantly promoting the upside that has yet to come to the forefront. Proof is in the pudding and right now we need to see that long promised, never realized turn to profitability that has always been "imminent"

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Still looking for SOME sort of response but nothing as usual