topseeker wrote: Good Mornin' All,
Concerning the above theory, it was originally ' coined ' by Albert Einstein. And no, today's topic will be in PYR Style. There are thoughts & theory of where PYR is headed & the ' special relativity ' of the importance of plasma torch biz in many large, diverse industries..
But let's start with the relativity of time & values. 04/30/2020 - last day in buying PYR @ $0.50. Closed @ $ 0.68.
16 biz days later- 05/25 - first day breaking & closing above a buck. Closed @ $1.07
5 biz days later- 06/01- first day breaking above $ 1.50. Closed @ $ 1.82
1 biz day later - 06/02 - first day breaking $ 2.00. Closed @ $ 1.86
8 biz days later - 06/12 - hit another 52 week high @ $ 2.20. First time closing above 2 bucks @ $ 2.08.
Appears to me, when looking @ the times/values, progress is happening, happening in a big way..
Now too for the NRs on Iron Ore Pellet biz in terms of the special relativity of time/speed
:
2020-04-30 PyroGenesis Successfully Completes First Phase of Torch Modelling Geared to Reducing Greenhouse Gases for Major Iron Ore Pelletization Client 2020-05-19 PyroGenesis Enters Negotiations for Supply of Equipment with Iron Ore Pelletization Modelling Client 2020-06-11 PyroGenesis Signs Second Modelling Contract with Another Iron Ore Pelletization Client The special relativity of time & how it pertains to PYR is very critical & visible. As we are seeing, with time, real progress to where PYR is headed. IMO, I see a progression to what many of us believed was possible in that PYR becoming a Blue Chipper.
The Very hard work, highly knowledgeable and high tech expertise required of PYR staff just is now being reflected in the overall, steady increase in sp.
One more thought on ' special relativity ', is the sp & what it means holding just 1 share.
On 04/30, that $ 0.50 sp when using the 7 plasma biz applic. came to $ 0.0715 sp value for each of the 7. Less than a dime, as we see more vividly now, how much it was a ' gift ' priced deal. No going back.
With time & with these ongoing NRs, it still flags PYR as Very much a ' Gift ' even @ the 52 week high of $ 2.20. At that level,, IMO, still very undervalued, relatively speaking, compared to where the sp is headed. Even using the $ 2.20 high, it equates to a $ 0.314 sp value for each of the 7 plasma biz applic. But in my opinion, the very low $ 2.20 reflects only the plasma torch biz for iron ore pellets.
While in the mean time, the other 6 plasma biz applic. are getting zero value. In other words, 6 freebies for each share you buy. Now that's a Deal, in my books.
The closing @ $ 2.08 will be today & tomorrow's ' Gift ' as will be seen with the ' Special Relativity ' of time & progress with PYR.
Best wishes All, good health,
Great Fortune,
Sincerely,
Topseeker
P.S. Don't forget the Dominoes effect as the plasma torch moves from one industry to another, then another & so on. Sooner than later. And it's All Relative :):):) Topseeker