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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 DreadBeardon Jan 12, 2021 10:31am
304 Views
Post# 32275327

RE:RE:RE:RE:RE:They're buying back shares at a time where more will want in

RE:RE:RE:RE:RE:They're buying back shares at a time where more will want inAvailable funds at the time is my guess. If you use the same logic as you are trying to use why didn't they buy all the shares at $0.20 ?  Ill tell you why, available funds - if they use all their funds to buy shares where do they get the money to develop as they have. The company is far further along now and making nice profits and is therefore worth more.  But this move is a huge anti-short move, the shorts can try to push it down and manipulate and if they do Peter can say nope we are buying with approvals already in place. Big deals are coming, Peter can now spark his own match for lift off this year! Pretty sure not long ago they were forced to introduce new shares to the market for their uplisting, only makes sense that he can use that money that is sitting around to get his percentage of owned shares back up to where he liked it.


paul0316 wrote:

You ought to run for the hills then....fire has been lit, the gas is about to be poured on top in the coming months.

 

Kal88888 wrote: They had a buyback program is place last year that ended in Oct 31/2020.  Of the 6.8 million shares they could have bought, they bought back a small portion...1 million approx at an average price of .75 cents...if you think they are going to buyback shares at this price get your head out of the sand...Peter is going to buyback like the release says when "time to time the shareprice is not reflective of company value" .  If he didnt buyback in the 1-3 dollar range when he could have, why would he now?

 

 



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