PyroGenesis Inc T.PYR

Alternate Symbol(s): PYRGF

Industrials Technology

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 TradeProon Mar 13, 2020 5:22am

112 Views

Post# 30802732

RE:RE:RE:What will happen to PYR?

I believe there needs to be a private placement very soon. Probably at around the 0.15 or 0.20 range. Given to what is happening in the oil markets I am not sure any Saudi company will be making major non-essential investments, and therefore I am not betting on any down payment to come forward. Even if it does PYR will still need working capital.

my recommendation is to sell PYR now, and if you continue to be a believer in the company to buy back in with the PP at a lower price.

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