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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 gojotv!on Apr 29, 2021 12:59pm
280 Views
Post# 33094122

Peter sold, I sold...

Peter sold, I sold...Besides worry about the future of Drosrite in S.A. following current revelations, I have long thought that PYR was the most pumped stock on the market.
Unclewrong and his no-credibility crew have been promising $100/share for nearly a year... just ridiculous stuff.
The Mariner Report was just a small pinprick in a stock price that was already deflating to more "normal" levels.
Though it was fun, I found it hard to justify an over 2000% price rise from when I bought at $0.37 when the company has really not fundamentally changed much since then.
I expect the stock to drift down closer to a 15x 2019 market cap before a possible contract in the fall buoys us up again.
The Mariner PT of $0.74 I find equally ridiculous, but I'm not convinced that their wacky report is the only reason for the downward trend we were already on. The "sell in May, then go away" crowd were just warming up.
We need contracts to get over the summer doldrums, is all, IMHO
GLTA!


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