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

PyroGenesis Inc

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Comment by Bytheriveron Feb 06, 2020 9:51am

105 Views

Post# 30651203

RE:Master class on TROLL Basher techniques...

Ahhh... "... I waited..." past tense.

Kongratulation wrote: This morning, our resident troll from the river made, what he calls a factual post to proves that he was not playing fast and losses with facts... But was his post really factual?

There is no mistake the message, Bytheriver claims to BE A MULTI_YEARS shareholder...

Let look at it:

Bytheriver wrote: As a multi-year shareholder I waited after Oct 9/19 for the $6.4m announced in the PR to be received in 2-4 weeks and I'm still waiting. Q3/19 YTD reported consolidated results? Over $4M loss. Audited Q4 & full year 2019 may not be reported till Apr 30/20; Do you anticipate transition to profit when full year '19 results reported? What about Q1 when reported perhaps May 30/20? Q2 when reported (Q2/19 reported Aug 29 last year)? Wait... wait... Who's the one twisting and casting doubt? Posting information released officially by the company shouldn't be that difficult to interpret.

But on January 15 2020, he announced on this same BB:

Bytheriver wrote: =You're observant and correct Misbrandt. With over 50 years of investing, the experience is I should know better... and I do.

After months of due diligence a contract was signed and should have contained a payment schedule. When the agreed $6.4mm didn't arrive, presumably contrary to the contract, an alternate plan was agreed to. No new payment schedule was announced, no benchmarks... no idea when a new down payment might be received. Do the units need to be built and delivered? Who knows.

Anyway, my ongoing due diligence failed the smell test. If I didn't own the stock would I buy it at this level? If yes, but more, and if no, sell.

When New Year's Day arrived with no payment and no further information available I began liquidating my position at market open. Over the next few days, I disposed of all my shares. I currently hold none. I sincerely hope PyroGenesis and all of its stakeholders do well.. I've been wrong before and will be again; I'm not always wrong either... I allocated the funds to another holding that fortunately received analyst upgrades and is up 18% in the last week and also pays a hefty dividend.
I will continue to follow PYR and may get back in if results materialize. I don't mind missing the first bump. Cheers...

So if what he claims is true, he sold at Average price probably close to $0.44...