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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

Comment by infoisgoodmanon Dec 09, 2020 12:19am
221 Views
Post# 32065002

RE:Just wait until the market really prices in serious adoption

RE:Just wait until the market really prices in serious adoptionHello my friend, before I start I want to make crystal clear that I am not being negative or attacking you or anything.  I am the same as everyone else looking for understanding.  You stated that, "In my view, it's already quite clear the torches will be adopted by these giants."  Could you please explain where you came across all of the information to lead you to that conclusion.  Has Vale or Cleveland Cliffs or anyone been quoted as saying positive things about plasma technology?  I know for a fact that Arcelormittal has been converting to natural gas for the last couple of years and not plasma torches.  I know for a fact that LKAB is converting to bio-oil, electricity and green hydrogen.  LKAB is also doing some minor testing with plasma and, in their words, "The results are promising, but require further development before a full-scale implementation is possible."  Press releases tell the story.  I can't find the quote right now but the industry laughs at Vale for the massive destruction and environmental damage they have wrought, but Vale does have a 20 year plan to be greener.  All of these companies also have very long multi year time lines to go green.  Nobody is going to call Peter on Friday and say hey we'd like to buy 5000 torches.  The torches will be sold but it will be a slow process over many years.  Please  understand, I am like everyone else here.  I want the sales as badly as everyone.  I am as enthusiastic as everyone.  I have been here since 2014 and am a very happy long and will continue to be.  Be happy and be excited but also, be realistic.  Think about this.  The U.S. navy has been working with Pyrogenesis for years but have we hit the jackpot with them yet?  No.  We get a couple of million dollar sales a year or so.  After being a reliable supplier for the U.S Navy for so many years you'd think the taps would open but nope.  The big pellet producers are going to be the same.  Also, this is very important, do you really think that Pyrogenesis is the only amazing technology in the world?  Nobody else is doing anything interesting to reduce greenhouse gasses?  I love this company and we have such an amazing future with all of our business lines and we'll get there it'll just take time and patience.
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