RE:RE:RE:RE:NOX production by plasma torches cause delay in adoption... Did you see the date on the article you posted, ScienceFirst? It's March 4th, 2020...
At that time, the share price closed at the monthly high of $0.425. Get it? The stock has more than 10-bagged since, based almost purely on speculation.
Ten-bagging on the monthly high (it ranged down to $0.23) is where the price belongs, by generous estimates... And that is the low $4.00 range.
The insane rise to $12.00+ made no sense and has corrected. But not enough, thanks to organized pumping on the backdrop of a stockhouse ad campaign.
I don't know why anyone keeps insisting that anything above $4.25 still makes sense when it's obvious that the contracts, etc. that were expected and created that value haven't materialized. And they probably won't until well into next year due to delaying factors. (gov't subsidies and NOx production)
The current price is inflated when you look at what was expected and what happened. The speculation costed in is worthless, because it didn't happen. You can keep producing more speculation, but that's all it is.
If I put my money on a spec stock, it had better have enormous upside. This one is all its money right now.
IMO, and I still haven't seen proof to the contrary.
ScienceFirst wrote: Gojotv probably works for fossil-fuel burner lobbies that see plasma torches as a threat to their markets! Fuk the climate changes, they think. Lets protect our bonuses ... lolll
Or maybe he's part of the Mariner "Research" group ... lolll
Gojotv is trying hard to make us believe that Client A, B, C are smoke, despite testing for our plasma torches and having told us a magnitude of torches for the next orders. I don't think they would have taken (or wasted) their time to specify such detail in the annual report if that was not serious. And usually, these big companies don't make pilot plant moves that cost them millions without having done their homeworks first. They have competent engineers that can look at the technology before recommanding a pilot on any new technology. They can look at such reports or come to the same conclusions than those:
PyroGenesis Canada Inc completes all torch tests successfully for Rise Energy Technology Center AB and has received final payment from the Swedish company March 4, 2020
As a result of this success, PyroGenesis said it has received numerous requests for proposals from potential clients in the field, and recently signed a small order from a multibillion-dollar international producer of iron pellets.
In a nutshell, Gojotv is downplaying every single thing that comes out of PYR. Every single thing.
A soft basher that admitted awaiting this stock price at around 3-4$ range, despite all the good news receive lately. Have you noticed that when the stock starts climbing, the guy plays FUD.
He's gonna be burned.