Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 Welderkev1on Oct 08, 2020 1:09pm
90 Views
Post# 31689391

RE:RE:RE:RE:RE:Lower torch price…

RE:RE:RE:RE:RE:Lower torch price…

Sandy you give him too much credit. Anyone who has done their DD can see right through his BS therefore no threat to our financial well-being eliminate his threat by doing and responding with good DD

sandysouci wrote: excellent post, Mattboy....

!!!!! WARNING !!!: Olderguy is getting far too much attention here... he is an extremely dangerous poster imho, and should be put on ignore... we need to eliminate his audience, because he is trying to inflict damage against longs and the share price...

put him on ignore asap if you value your financial well being...

 

Mattboy wrote:
Olderguy1 wrote: So why do you think we don't have an order yet?


Mattboy wrote:

 

Olderguy1 wrote: I know most of you have trouble hearing this, but I think we will not get a torch order until PYR lowers the price to at least $1 million each.

 

 

You know Olderguy I was unsure whether you were a shorter or just a really dumb long investor. Either way you say some of the most idiotic things I've heard on any forum I've read so far. You clearly have no idea what you are talking about in regards to any of the bull you spew. Peter already spanked you once on agoracom. Maybe ask him that question Id love to see him make you look like the idiot you really are.


 


There could be a number of reasons on both sides. First of all they want to make sure they have gone over everything with both companies team of lawyers. This could go back and forth multiple times each time something is changed. We are also in a time when things are done over zoom and it makes the whole process more difficult and longer. Second you assume this billion dollar companies just have money sitting around waiting to be spent. They have to provide a capital budget and determine how and where the money comes from what plants if only one or two is going to be done first. Maybe they want multiple torches spread out across multiple plants. They have to decide which plants and communicate with their people at each plant and determine how much install will cost and budget for it. No company just writes a blank cheque to another without going through all the planning before purchase. We are talking potentially billions or dollars in torches. Someone who buys these for their plant without determining all other costs would be silly. Imagine budgeting for 100-200 torches and not budgeting for the install or any additional measures. Then it would be back to the capital fund to get more money. Once money is set aside for capital and a budget is placed it is not just as simple as coughing up more money. They (the purchaser) want to make sure they have all their ducks in a row and maybe just maybe they are trying to negotiate a lower price but I don't suspect that being a delay. If any thing that is better for the investor as we will end up with a bigger order. Nobody gets a deal unless they buy more. PYR has the upper hand in negotiating. The longer these companies wait the more money they spend on carbon taxes and the more the chance of another company a b or c beating them to the assembly line. 
 




<< Previous
Bullboard Posts
Next >>