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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
Post by LastZazon Nov 12, 2020 6:33pm
922 Views
Post# 31891608

Lack of Patience

Lack of Patience

I'm not sure how many of you have any serious business accumen, but at the end of the day, leasing their torches is a longer-term play that secures recurring cash flow. This is not a loss for the Company and ultimately is a positive because it indicates market interest in their torches and - at this growth stage - informs potential buyers that this product has a real utility and is seeping into their respective industries.

If you expect such new and expensive technology to be sold and contracted overnight, I feel you probably have a lack of understanding of the position of the buyer. Further, what we need to see is the relevant industries taking an interest in these torches. We are seeing that. The fact it's not a lump sum cash payment for a torch does not change that Pyro is taking the right steps.

As for CEO promises, I am not one to trust everything I read from an optomistic, albeit proven CEO. Relax, take a chill pill, hold your sells and let the company do its thing. Building a real cash-generating business with technology such as this is a major process - it's pie in the sky thinking to expect serious changes on a day to day basis. Yes, big news can make a difference on the SP in the short term, but if you're looking for a quick return, I'd focus on day trading stocks that are less risky. Relax, folks - it's silly to overreact to this news like I'm seeing here.  

Bullboard Posts