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Pyrogenesis Canada Inc V.PYR


Primary Symbol: 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 products and services include Plasma Atomized Metal Powders, Aluminum and Zinc Dross Recovery (DROSRITE), waste management, plasma torches, and Innovation/Custom Process Development. It also operates PUREVAP NSiR, which is a proprietary process that can use different purities of silicon as feedstock to make a range of spherical silicon nano- and micro-powders and wires, for use across various applications. Its products and services are commercialized to customers operating in a range of industries, including the defense, metallurgical, mining, advanced materials, oil & gas, and environmental industries.


TSX:PYR - Post by User

Comment by developbcon May 06, 2020 9:03am
2624 Views
Post# 30991925

RE:RE:RE:PYR CEO interview on full impact of its plasma torches

RE:RE:RE:PYR CEO interview on full impact of its plasma torchesYou are most welcome.  Welcome aboard and others as well.  It really is that huge and tip of the iceberg expression means literally that we can't comprehend how big/massive this actually is.   

Purpledriller wrote:

I really want to thank you developbc and others that have given me the confidence to dip in recently.  It's hard to navigate around all the chatter on this board but you have really helped my due diligence. This is really amazing company and as the CEO said this is just the tip of the iceberg. The fact of dealing with multi billion dollar corporation's is mind blowing

 

developbc wrote:

 

developbc wrote:

Hey guys sorry for repeat post..just thought better formatted for easy read and click:

 

PyroGenesis says full impact of its plasma torches to replace burners is 'at the tip of the iceberg'

 

PyroGenesis Canada Inc (CVE:PYR) (OTCQB:PYRNF) CEO Peter Pascali tells Proactive it has completed the first phase of testing one of its plasma torches at a clients industrial iron pelletization furnace as part of a multiphase contract to ultimately replace its existing fossil fuel burners.

Pascali says the company has been in conversations with other players in this industry, saying this is a 'huge' development in PyroGenesis' history, as he says he believes its full impact to replace burners is 'at the tip of the iceberg.'


https://ca.proactiveinvestors.com/companies/news/918781/pyrogenesis-says-full-impact-of-its-plasma-torches-to-replace-burners-is--at-the-tip-of-the-iceberg--918781.html

LINK CLICK HERE



Just watchd this a 2nd time and I still feel like I am dreaming or holding on to a winning lotto ticket(sorry to use that example as I know first hand how gambling can be very destructive..but hard to put this excitement into words).

1.  In case got lost of what Pete is saying in regards to TRIFECTA:
This all important First Phase demonstrated that replacing fossil fuel burners with PyroGenesis’ proprietary plasma torch:

(i) has absolutely no ancillary detrimental effects anywhere in the process or with the furnaces, *diesel and fossil  burners are not easily to adjust/adapt without huge costs and time delay.

(ii) results in significant greenhouse gas reduction while at the same time, *the carbon emissions and taxes/fines savings would be huge 
 

(iii) projecting significant cost savings. *this in itself would be reason enough 


2. This part is VERY important pt:

Simple bolt-on replacement of their current environmentally damaging fossil fuel burners, is too compelling to resist.  *it is NOT as if they need to make different kinds of  torches...only need to  just replicate/mass produce 1 which as Pete said is simple bc of their decades of R&D, patents and ability to scale up subcontracting out the parts.  

3.  Discussions have been moving forward at a rapid pace with all 3 industries who use diesel/fossil fuel burners: 
 

  • iron ore pelletization producers
  • metallurgical industry
  • significant steel producers

Things are getting very real for PYR...blue chip company in the making. I could say several blue chip companies in the making:

  • 3D Additive Powder(world class w competitive edge),
  • Drosite(clearly demonstrated to beat out other big players in the industry),
  • USA Military(the highest of highest standards to get accredited),
  • Waste Destruction(countless applications),
  • Boring/tunnel(Exclusive contract), 
  • Purevap(1 step to solar grade silicon and now silicon nano powders and wafers for EV batteries),
  • Replacing diesel fossil fuels in other industries(massive possible applications) etc...
 
Incredible to say the least


 




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