Pyrogenesis Canada Inc T.PYR

draft of contract means 2 things: 1, contract is not

[mingzhu]

imminent, otherwise it would have waited a couple of weeks for the contract
2, management clearly wanted to manipulate the stock price because it may have had the draft a while ago, maybe couple of months ago. draft is for the discussion not decision.

[dcowan]

Agreed. it's smells a little bit. 

[Casavantsghost]

No... draft disclosure is being too kind in giving the market manipulators too much notice of rectifying their positions where they do not deserve it. 

[kjs4381]

You say manipulate, I say keep shareholders informed. Drafts are often used as negotiations progress. Main point they are coming up with a contract that both parties are happy with.

[Lesalpes29]

Mingzouf! Late To the party wants To get in at a low price. Minable...

[Welderkev1]

Yes kms, to keep shareholders informed. A draft contract is a contract but it has minor points that have to be amended this could take awhile or not which is why no estimated timeline. Pyr had to come out with this news to show that there timeline on the discussions was accurate, from their July 2 NR

[Casavantsghost]

and to add to that.. is the draft a lie???? Nope. So.. welcome to my radar mingzhu... Probably a PRC operative anyway. Xi is not happy with Canada is he?

[FullMonty22]

I agree. Announcing something like that is strategic news meant to generate conversation about the business of the company. Why would you point to something in the works and then turn around and say it's not a go? timelines are another thing to consider but the company has a bright future and if you want to participate in that growth now is the time to buy.

[jchoo04023]

That is a whole lot of assumptions you are making without any proof. In addition, many investors had been asking for an update on the torch contracts, I think the NR was to appease those individuals. 

[DCW2020]

hey mingzu!, you said manipulate??  Have you ever heard of the saying "THINKERS ARE THE DOERS" remove that manipulative mind of yours and you'll go places..  

[claudemc]

lol, not even sure why I'm responding, your comment is just too dumb not to I guess. You don't go into a discussion with a draft, a draft develops over time from discussions and negotiations, then you have first, second, third drafts etc., and then like this one, that can be announced to the public, a final draft ready to cross the T's and dot the i's. What school of business did

[developbc]

Indeed.    All major points have been agreed to..only very minor points left to iron out. Screams it is going to get done!!!! Client A  has over 10 plants..each plant with 50 torches to replace..over 500 torches @$3M( possibly in  usd).....this is just one client!!!!!  Many more clients and many more divisions!!!!!

[BCONTVentures]

Great points claudemc and developbc, thanks for this. Folks, remember patience is required during these times.  Covid has slowed down most of the economy, and "regular business" is still slow.   Kudos to Peter and Team during these times.  That this contract has been drafted and is being finalized is huge news and speaks to the testament of PyroGenesis'

[DCW2020]

@claudemc - very well said. To add up, this a public discussion and Peter is a CEO and brilliantly knows the trading world, and a single publicly mistaken announcement can affect the entire pyr company.. 

[Casavantsghost]

LMAO!!!