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Bullboard - Stock Discussion Forum 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... see more

TSX:PYR - Post Discussion

Pyrogenesis Canada Inc > What a gift!
View:
Post by Aarman4 on Nov 12, 2020 3:57pm

What a gift!

So Peter comes out and tells us about leasing, and that client A is going as expected, client B is placing an initial order, and client C is on track to enter modelling.... And price drop???

AWESOME

I'll take it all damn day long.

Hopefully it's even lower on December 3rd the next time my monthly purchase is ready to be made!

Leasing torches???? AWESOME.

Guys, seriously hold onto your hats, you have no idea how much bigger that is then sales.

Cheers!
Comment by MadMonkey on Nov 12, 2020 4:07pm
I agree..Sales of torches make it that more easier for the cleints to purhase without putting out big dollars, Pyro will still get there price in full and the leasing company holds the risk and make some on the side... We all know you can buy more car leasing than buying, And in busniness is a good tax advantage. Nothing has changed other than panic selling and sharholders being naive ...more  
Comment by Aarman4 on Nov 12, 2020 4:10pm
Leasing is what you do when you want to buy more things than what the cash on hand can afford..... It is not done for little baby orders. Cheers!
Comment by Anewhope on Nov 12, 2020 4:09pm
You're right. I also think that short term expectations were too high. So with that PR, there won't be any surprise when we get the Client A PR in the next couple of weeks and we should move forward from now on. It would have been nice to have a big first order with millions in upfront payment but leasing is a freaking great news for the long term.
Comment by MadMonkey on Nov 12, 2020 4:16pm
You have to remember leasing is only a benifit to the leasing company..Pyro is just getting the money from them not the client. If there is x amount of torches in the contract the leasing company pays the agree contract. Nothing has changed and there is still no reacuring revenue other than service contracts. the One advantage to Pyro is that contracts like this expire over x amount of years. That ...more  
Comment by Kongratulation on Nov 12, 2020 4:16pm
Completely agree... Bougth more today for a trading accout... reduce my cost below $4.00 in that account... But still siting pretty with 1,6 M shares below $0.50.... LONG and STRONG
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