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PyroGenesis Inc T.PYR

Alternate Symbol(s):  PYRGF

PyroGenesis Inc., formerly PyroGenesis Canada Inc., is a Canada-based high-tech company. The Company is engaged in the design, development, manufacture and commercialization of advanced plasma processes and sustainable solutions which reduce greenhouse gases (GHG). The Company has created proprietary, patented and advanced plasma technologies that are used in four markets: iron ore palletization, aluminum, waste management, and additive manufacturing. It provides engineering and manufacturing expertise, contract research, as well as turnkey process equipment packages to the defense, metallurgical, mining, additive manufacturing (including 3D printing), oil and gas, and environmental industries. Its products and services include plasma atomized metal powders, aluminum and zinc dross recovery, waste management, plasma torches, and innovation/custom process development. It offers PUREVAP, which is a high purity metallurgical grade silicon and solar grade silicon from quartz.


TSX:PYR - Post by User

Bullboard Posts
Comment by Sandman852on Oct 09, 2018 6:50am
240 Views
Post# 28764885

RE:Just zapped another basher , lucky

RE:Just zapped another basher , lucky
uncleronstips wrote:
poof gone ignore just like that. Pyrogenesis decided 2 years ago to cancel an order for 3D powder machines and all the bashers cried murder ! The customer was in Asia, maybe China ? Notorious copycat cheats. Regardless PyroGenesis made the right move by keeping this ground breaking technology in-house and reap the profits from supplying the powder to this dynamic emerging market . Cheers.



Wow, thats some spin alright ! The TRUTH is that after they produced 1 machine for the order the saw that the cost was much higher than expected and they would actually lose $ on the order.  so cancelling the cotract was to correct a mis calculation ...not great vision.  However the spin out was stated over 2 years ago with no follow up.  Not that it matters as long as they get producing money soon !
Bullboard Posts