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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 CountryChicon Nov 12, 2020 5:43pm
237 Views
Post# 31887454

RE:$12m investors are fuming. PYR closed the deal 2 days ago

RE:$12m investors are fuming. PYR closed the deal 2 days agoI was just wondering about this. I'm not aware of leasing being mentioned in the prospectus for the financing. I'm concerned moving forward this doesn't sit well with future investors as it looks really shady if there is no positive follow up quickly to this change of events. Especially if that 'well within 3 month' timeline Peter gave isn't met. That press release to maintain investor confidence after McWirter's interview was completely unessecary and may perhaps end up being detrimental if it goes unmet.

That said, the rebound was decent. Perhaps the sell off was due to people increasing their short positions, potentially even taking a naked short position. I still think the employee option price of 4.40 is important to remember.
Bullboard Posts