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Pyrogenesis Canada Inc T.PYR

Alternate Symbol(s):  PYRGF

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. It offers patented and advanced plasma technologies that are used in four markets: iron ore palletization, aluminum, waste management, and additive manufacturing. Its products and services include Plasma Atomized Metal Powders, Aluminum and Zinc Dross Recovery, waste management, plasma torches, and Innovation/Custom Process Development. It also operates PUREVAP NSiR, which is a proprietary process that can use different purities of silicon as feedstock to make a range of spherical silicon nano- and micro-powders and wires, for use across various applications. Its products and services are commercialized to customers operating in a range of industries, including the defense, metallurgical, mining, advanced materials, oil & gas, and environmental industries.


TSX:PYR - Post by User

Post by politicaton Nov 25, 2020 6:55am
878 Views
Post# 31967877

" nice to have a couple in place "

" nice to have a couple in place "To all those, including myself, who were alarmed at the 1 torch sale .... we were warned.

On the June 28th Agoracom Q + A session Peter said the following when asked about testing ...

" it would be nice to have a couple in place so we could see how they operate "
and that it could be ....

" a couple weeks / a couple months to see how they operate".

Problem is that when McWhirter suggested just that on Sept 11th .... Peter issued a statement suggesting that McWhirter was uninformed and that we will surely have     " more than 1 or 2 torch deals " in well under 3 months.  Stock price recovers much of what it lost.  

Given what we know now I find this statement by Peter to be misleading.  

Fast forward to the Nov 12th press release ( Client B quote for 4 torches ).  The share price drops 25%.  Why ?   because it backed up what the uninformed McWhirter was saying.
Now that we see even Client A, initially,  only wants 1 test torch it is obvious to me that the Sept 11th statement by Peter should never have been released and has caused unneccessary confusion.

They need a PR department ....



 


 

 


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