RE:Thoughts on lack of torch newsshoemethemonies , the demand for torches is on a first come first served basis..Peter is negotiating with several companies all at once for torch sales or leasing, maybe even more ? Also for tunnel boring torches. This means the first guy's in line had better buy, or the next guy in line is going to strike a deal for the first torches that comes off the assembly line. The sooner they have the torches the sooner their GHG emissions and operating costs & carbon tax goes down ...very compelling choice...it's a no brainer...with the ROI recouped in a couple of years....and much happier green fund's & shareholder's..... Peter has much more than just plasma torches to deal with...the analyst's say Pyrogenesis has 4 verticals / divisions , one of which is a trillion dollar market and the rest, multi billion dollar markets. Pyrogenesis plasma technology is the great disruptive force that will replace the old & dirty with greener & cheaper...in more like 10 markets and probably more in the next few years...once the next shoe drops ! ...it will be followed by a tsunami of news...maybe a 32 bagger in 2021 just like March to July last year ?...uncleron is always right !..cheers quote=showmethemonies]
I think a lot of us are wondering why there has been no news on the iron ore smelting front. We all expected that it would coincide nicely with the Nasdaq uplisting, and even Peter seems to have thought so, by how he said they would time the listing to be advantageous with major news releases.
So - where is the news?
Here is my hypothesis - the first torch deal is big. VERY big. And client A wants to pay less per torch than what PYR is asking. So, they stall on negotiations, knowing that the lack of news will make PYR look bad and the unmet expectation will cause the share price to fall. This puts pressure on Pyrogenesis to drop the price and seal the deal. But Peter is sticking to his guns and holding out for what he knows the torches are worth! If not, we would see a deal already but the price per torch would be lower than expected.
So basically the Client A is slowing down the process as a negotiating tactic because they want to pay less per torch, and they are buying a LOT of torches... which means when the contract finally does get signed, we will see PYR stock shoot way past any previous highs, and all these bashers will finally be shaken off like the blood-sucking fleas that they are as the PYR rocket ship launches off.
Anybody want to weigh in on this one?
Personally I am very happy to ride out these lows, buying more on the way down, knowing that what I hold will be worth a very large sum of money in 2-5 years. I was lucky to start buying 3.5 years ago so my average is still pretty low.
The greater risk is in not being ready with shares in hand when that big news drops.
[/quote]