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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

Comment by ZigZagon Jan 13, 2021 9:50am
298 Views
Post# 32283904

RE:RE:The big news will come when PYR will be on the NASDAQ.

RE:RE:The big news will come when PYR will be on the NASDAQ.
I agree with everything you wrote in your answer.  
 
99% of the companies that I have seen listed on a U.S. stock exchange have not had a better return on their stock simply by starting to trade there.  It is the positive evolution of the company combined with a good knowledge of the company by the markets that leads to a faster rise in the share price. It is this knowledge of the company by the markets that is most lacking most of the time and especially for a Canadian company on the American market. 
 
U.S. markets give values in the billions to the market capitalization of companies that don't make profits just because they understand their potential.  This is probably what makes shareholders think that the simple fact of being on the Nasdaq propels the price of a share... and it doesn't happen because the potential of the company is not sufficiently known by the financial markets.
 
In this case, all the delays I mentioned in my previous post come from company press releases.In view of these dates, I figured that the only point where PYR has some control is to take its time to do the tests to the point that the results would only be available when the company's stock is on the Nasdaq before concluding that the tests are satisfactory. When announcing a major contract, the American market is more inclined to quickly anticipate the value of a company than the Canadian market. 
 
This is just an opinion, and I'm not saying that the company will do that.
 
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