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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 GaryTheGrayon Jan 14, 2021 10:40am
264 Views
Post# 32293706

RE:still waiting ...

RE:still waiting ...
politicat wrote: I am frustrated with the lack of anticipation of a torch order ---  even 1 torch. 
When asked how long it will take to get it out the door -- even now, 7 weeks after the order came in, the response is the standard 2 weeks to 4 months from receipt of contract.  Peter says, because of items with long lead times, a large touch order would be towards 2 weeks and a small order ( like maybe an order of 1 torch ?) would be towards 4 months.
The company stock price goes parabolic based on potential torch sales and, after several months of negotiations, when Client A finally ageees to buy they do not have a torch ready to go?
Not one ?
Knowing that it will take 3 months to get one made --- not one.
Peter said they had recieved the Client A order 1 or 2 months before PYR signed it back ... and yet not one torch was made.
Knowing the long lead time items are an issue they could have pre-ordered just those items.

PYR is very fortunate to have a patent on pelletization.  If i was Vale and it took 2 months to get a small contract signed and another 3 months to make 1 touch i would be looking elsewhere.
yikes... 





Guess it's a good thing that you don't work for Vale, and you instead bring your talents to complain on public forums. lol.
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