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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

Post by CarpyDimeon Jun 15, 2020 12:10pm
393 Views
Post# 31151473

Full disclosure

Full disclosureI held this thing for a few years (about 2 years back) and got tired of waiting for there to be anything more than news releases and spin from management (back logs, contracts, relationships, etc.). So I missed out on this meteoric rise and all the gains that go with it. So first off, congrats to all those that have been in under .50. This must be huge.

That said, I think folks buying in at these prices are crazy. This company hasn't reported any financials since November of last year (they are actually due today), they have never reported revenues higher than $7M ANNUALLY, and they have posted comprehensive losses of $6M or more every year except once in the last 5, and that was a comp loss of $5M in 2015.

We'll see what the current financials are, and everyone has the right to speculate and buy on potential, but a market share of $350M for a company with those types of numbers is crying out for correction. And possibly a hard one.

Good luck folks! I watch with interest......
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