RE:RE:MASSIVE PYR Plasma Torch provider to the world Bumping this, seems the short traders posting on here were quick to cover it up with nonsense posts. It was actually funny to see all those posters just disappeared when the SP hit all time highs a few days ago. The next leg up, which will happen on pretty much any news at this point, will be fun to watch. Not that I take pleasure in people losing their life’s savings but it's not like they weren’t warned.
Stay safe!
claudemc wrote: 9 million shares short on available float of maybe 50 million shares, probably less, an NCIB for 5.5 million less shares available to short or cover with, money in the bank and a backlog (that's signed contracts) of $30 million and by $30 I mean $40 million... multi BILLION $$$ Modelling company A completed in a few weeks (already negotiating equipment purchases), multi BILLION $$$ Modeling company B completed in 6 to 8 weeks, modeling, modeling, modeling ad infinitum.... Dross sales/royalties, AM powder sales… seriously EPIC squeeze is coming.
Ring of (PLASMA) Fire.
developbc wrote: - 1. Here are just some of the largest Iron Ore industry producers that equates to over 200-700 torch need for each producer > 5000 torches from this list alone.
- Atlas Iron
- Cleveland Cliffs Inc
- Vale.Metalloinvest
- Fortescue Metals Group (FMG) ...
- National Mineral Development Corporation. ...
- Anglo American. ...
- ArcelorMittal. ...
- Metalloinvest. ...
- Rio Tinto.
- BHP Billiton. ...
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- 2. Plus other steel and metallurgical producers, cement and limestone producers etc....
- *So wordwide without considering the pirates of China and Russia etc.... PYR has massive tip of the iceberg boldness just in this torch division alone!!
Although I don't agree fully we will scale out 1000 torches by the end of the year BUT don't surprised if PYR can assembly line mass produce in 2021. I believe that is their goal. Here is what PYR CEO stated CLEARLY in recent NR:
This is HUGE...sounds like EXTREME CONFIDENCE and getting supply chain ready:
PyroGenesis has already not only contacted its existing suppliers in anticipation of any orders of size, but is also actively expanding their supplier base to mitigate any supply chain risk of significant orders. PyroGenesis’ management is confident that the Company is now well positioned to address any anticipated demand.