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Pyrogenesis Canada Inc T.PYR

Alternate Symbol(s):  PYRGF

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

Comment by Nosleepon Jul 24, 2020 1:00pm
163 Views
Post# 31315080

RE:RE:Stock rises dramatically on lame news

RE:RE:Stock rises dramatically on lame news
stvnjmz wrote:
Olderguy1 wrote: Pyrogenesis un rose close to $1.00 on news that their Drosrite customer is paying his bill and living up to his end of the contract. That is pretty weak news.




"In fact, none of our contracts have been materially affected by COVID-19 and are all progressing as expected.


 


ya, that coupled with new advertising that states "final contract negotiations with multiple iron pelletization clients"

could be looking at potentially 2-3 contracts with money up front and recurring for years, and those contracts could be signed off on at any time, or at least announced and signed by year end.

im still not sure why people are surprised by any of this move. 


this is in my opinion BARE minimum 10 bucks when contract(s) are signed, and if the terms are right and we end up selling 500-1000 torches that also have maintenance attached each year, you could be looking at 20 easily imo.

Disclaimer, I have tons of pyr, and I want it to head to twenty then pay me a dividend for the next twenty years, so of course I'm biased, but hey , numbers are numbers. Billion dollar contracts lead to multi billion dollar companies.

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