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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 LastZazon Mar 23, 2021 2:17pm
585 Views
Post# 32859294

RE:Client A contract will be 4 Months tomorrow !

RE:Client A contract will be 4 Months tomorrow !

I would remind everyone who's panicking of the following - From the press release that announced the first torch sale to the iron ore pelletizer:

it is expected that the time from contract to final assembly/installation at a client’s facility will be from a couple of weeks up to four (4) months."

So keep in mind that the testing process may only be beginning; given that all indications from PYR are that things are on track, either the testing is still ongoing or is literally just beginning... I don't think anyone needs to be concerned over the fact that there hasn't been an update quite yet on the torches specifically for this reason. I've been preaching this for some time. The fact the torch is in their doors is the biggest thing... 

I'd also remind everyone of the nature of this company. This isn't an overnight success story. This is decades of research and technology now just coming together to reach true commercialization and applications in a market that is only beginning to demand this type of tech. It will only get better from here... don't let a volatile share price, a short term mentality and price manipulators scare you into taking a loss. If you're holding an unrealized loss, be patient, disciplined and look to the long term. Stick to your strategy.

GLTA

 

 

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