Pyrogenesis Canada Inc T.PYR

1st things first

[rocknroll987654]

When the 1st torch contract is signed, in my opinion, it is going to shock the daylights out of most people. It seems identical to the way the Drosrite contract was handled and I have only been a shareholder since early June thanks to Bob McWhirter. In reading all the posts last year and listening to a few analysts, everyone was sceptical except maybe uncleron. Drosrite was a nice 50 million approximate contract which got done slow and smooth smooth and fast. The iron ore potential contract could be the same or 30 times bigger. Either way, Peter's strategy is working. Imagine the share price direction when officially signed ! rocknroll is sometimes right and uncleron is always right

[Uncleron]

yes, imagine the SP direction when officially signed.....the 1st mega contract that I'm thinking is going to be big , like $2 + billion , low ball...even if it is a smaller contract like $300-400 million, considering the $50 mm (appox) drosrite contract got us to $5 today , $300 mm should get it to $30 ?....then what is 2 + billion worth ???....there are 3 contracts under negotiations as we

[kingscorpion]

In one of the early NR oil and natural gas sector were mentioned but i never came across us discussing this sector here on SH Could the plasma torches play a role in oil and gas sector? How about that heavy oil in Alberta deep down basin could the plasma torches be used to heat the heavy oil or any other uses? Let's discuss it cause we ve covered all other areas 100 million times

[gizmo66]

Would be a great thing if they could make a torch that could get rid of nuclear waste

[bcsc]

If you go back to Press Releases from the first half of 2015 you can find some information on the systems and if I recall correctly there is some information on the PYR website. Despite Peter's statement;  "This application is independent of oil prices.  So long as our client is producing waste from their operations, they will significantly benefit from deploying

[gojotv!]

Say, uncleron, can you give us an example of a company that has $1B to spend on plasma torches? You talk big numbers, but they don't make sense.

[Pitpitcolisse]

"Windfall Profits For three of Australias biggest mining companies, BHP, Rio Tinto and Fortescue Metals, the prolonged boom in iron ore has delivered windfall profits. Just how much money has been flowing into the miners will become clearer over the next few weeks as they report June 30 full and half-year results. " https://www.forbes.com/sites/timtreadgold/2020/07/14/iron-ore-boom

[Pitpitcolisse]

" BHP, according to investment bank forecasts, is expected to reveal on August 18 an almost steady net profit of $9.1 billion with strong earnings from iron ore offsetting declines in oil and copper." https://www.google.com/amp/s/www.forbes.com/sites/timtreadgold/2020/08/11/perfect-storm-to-keep-blowing-into-next-year-for-iron-ore-miners/amp/

[Pitpitcolisse]

BHP 2020 financial results says they returned 6B in dividend each year, three years in a row.. They could easily invest 1B over 1,2 or 3 years. https://www.bhp.com/investor-centre/financial-results-and-operational-reviews/2020-financial-results/

[sandysouci]

WOW... very nice to hear about the recent boom and big profits by iron ore producers... the stars are aligning...

[panamax]

In one example, Vale, who posted an EBITDA of $3.502 billion USD for Q2/2020 in ferrous metals w/ $900 million in Net Operating Revenue from pellets alone! That's in a quarter impacted heavily by COVID-19 outbreaks as well as costs from the Brumadinho Dam failure. I think they are highly capable of spending some serious money on plasma torches!

[StairwayTo]

You forgot about the navy deal as previously mentioned. Now it's signed. Where is the sp today? came back from an off grid vacation thinking we would be at 7 or 10 today.  what happened? Or what is happening?

[sandysouci]

why would that be?... the Navy deal was a known thing, just had to be formalized... it would never ever drive the price to $7-10 on its own... that aside, looks like you have a lot of reading to do to catch up...

[StairwayTo]

yes you're right, coming back, I had to go back to page 20, from the navy deal announcement but couldn't find any reasons for the decline

[StairwayTo]

I thought based on many posters here that any deal , any time ,coming imenent would drive the sp off the lunching pad

[sandysouci]

that is totally incorrect... the Navy deal is/was a known entity (but you probably already knew that!...)...

[StairwayTo]

yes as I thought , but why did the sp went down, and what else is built in the price? Expectations of torches to the range of $1.5B? what if only 90% less of this expectation? like smaller contracts. 

[sandysouci]

I suspect that you're just toying with me???... but if not, all the answers you seek are in the past few hundred posts... this is a very good board with lot's of good info... have fun!...

[StairwayTo]

not sure what you mean? just see my previous post looking for answers on why a drop on sp on such good news?

[MidtownGuy]

You're not dreaming. While it was a known contract under negotiations, there was indeed much mention in the past about all the upcoming contracts and how they would drive the price, including the Navy contract. It's revionisism to suggest otherwise. The Navy contract was always included in the list of "huge things to come". The announcement caused an intraday spike of about a