Pyrogenesis Canada Inc T.PYR

Thoughts on lack of torch news

[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.

[Aarman4]

I don't buy the idea that this will presssure him to do anything, he owns more than 50% of the fcompany, and his customers know that. We have the patent, so no rush. You are correct that they will likely be looking to lower the per-torch price as much as possible, but I feel that the in house testing is more to our advantage, in that if there are tertiary benefits, it will be nice to see them

[Uncleron]

shoemethemonies , 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

[ElanS2]

I am a long who is working on adding to his position in the current situation. I have some experience in the iron ore pelletizing business. My  reading of the current situation of torches for pelletizing is this: The first multiple torch order will be for client B, 4 torches and will happen in the current quarter. Explain that: 1) internal approvals require detailed estimates and that does

[Chrisgodfrey202]

Agree 100% procuring reliable cheap electricity with long term committment is the bodle neck in the conversion. Mines in the right locations can look to on site solar and wind but the quantities we are talking about are massive and without huge storage capacity these solutions are problamatic because you cant have this kind of line go down because of lack of power. They operate 24/7

[bcsc]

I think that if you go back and check what Peter said was they would time the listing to be advantageous with other "events" not "news releases". I believe he was referring to the numberous nvestor events that they were participating in in the last weeks/months.