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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 vestmedon Dec 10, 2020 6:36pm
553 Views
Post# 32085063

Delays

DelaysThere is no question the big announcements we were anticipating did not happen in the timeline we were expecting or hoping for. Looking at what has been happening it is becoming apparent to me that this is more complicated than we first believed as well. These are big deals with huge players and the recent leasing proposition shows us that things are going on behind the scenes that complicate things. When I look at their announcement regarding the financials they mention something that could also be influencing things..."The company is selectively considering strategic alliances with technologies/technology providers which could accelerate this strategic focus with a goal to become a world leader in GHG emissions reduction". I believe they are looking at going global. It could be that they are in talks with companies to assist with the implimentation of their technology and therefore involves a third party in these negotiations. My point is that there are things going on that we are unaware of. This doesn't change the fact that they have been negotiating with over 10 companies for at least 8 months now so when these deals come they should come quickly. They have now hired their torch sales manager and inside sales rep. and both seem very well qualified so everything is coming together. Investors are getting frustrated and falling off just when they should be getting most excited, I get it, we are frustrated but let go of the emotions and focus on the fundamentals of the company and what they are offering, still extremely positive.
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