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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 settoretireon Jul 13, 2021 7:43pm
420 Views
Post# 33540285

Concerning

Concerning I'm beginning to feel a little concerned. Having read a few other opinions on other forums, it has me concerned regarding the "supposed " contracts going forward.
I don't believe Peter would not be forthright with us, as that would cost him not only his credibility, but his company.
All the indices point to success, but with this latest fluff release which has absolutely nothing to do with "plasma torches", I'm getting concerned there might be more to the questions being asked.
Having done a bit more DD, it appears that conversion costs to Pyrogenisis torches is astronomical. We are not talking 3 mil purchase including installation, we are talking quadruple the 3 mil to be compliant and at a bare minimum a whole revamp of the way the torch(S) perform. $$$$$$$$$
Peter might not be concerned with the end game, as he is selling a proven technology, but the buyer ( especially the USNavy ) no longer have a blank cheque. Green technology is definitely the future, but getting to the finish line could be the reason for Peters silence.
 I have seen this before with proven winners, that had me believing the CEO cartblanche, only to realize they were hyping for shareholders sake.
Don't mistake this post as a bash against Pyrogenisis. I am invested quite substantially and believe Peters hype, but questions should be asked and answered.
Last, but not in anyway taking away from what the employees are doing to help out the kids is commended, just not what was expected.
Distraction from the main means ????


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