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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

Post by leademhighon Nov 25, 2020 9:15am
848 Views
Post# 31968452

Ha! I guess I am a buyer!

Ha! I guess I am a buyer!Folks - dont listen to the noise.  Not that this forum would ever in a million years impact/influence how and where I invest my money, but it no doubt influences some.  

First things first.  The announcement of that first torch system is absolutely huge and can not be understated.  I certainly didnt expect the first sale to be for 200 torches, but I do expect this to be the first of many, many torch sales.  Some single system sales, some multi-system sales, many follow-on sales/return customers.

Do you really think a multi-billion dollar company with double-digit plants is going to stop after just one system?!?!  Of course not!  They need to get a feel for the system and see how it performs in their own facility.  Once it proves up, they will acquire many more systems and standardize them across their institution - because that is where a lot of the $$$ savings are.  Standarized systems with the same specifications, same parts, same in service support, etc....etc....  

I have worked for the same multi-billion dollar insittution myself for about 28 years, and we NEVER (and again, multi-billion dollar insittution) EVER throw out about 2 million dollars (and again, peanuts to a multi-billion dollar institution) unless we are VERY SURE (read lots and lots of DD), that it is what we are looking for and has the greatest potential to lead to more.  But to be 100% sure, you always buy a slice to try it out before you buy the whole cake!!  This is why they have those little pink spoons at Baskin Robbins!!

Getting sucked in by the pre-market scare tactics and letting go of even a single share would be such a mistake.  How can this (again, a sale of a torch system to a multi-billiion dollar institution, money in the bank and the first in a series of sales) be anything but amazing news.  I've done my DD, and I am absolutely a buyer today if the opportunity presents itself.

I AM SO STOKED BY THIS NEWS!! Mark yesterday's date on your calendar, we will be celebrating it for years to come.

All the best folks!  Football day tomorrow!

Leademhigh
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