RE:Iron ore pelletizersTks for this clarification! Buy PYR shares...and tell 3P its too early to sell! Too bad for the large liquid H2 project in Sept- Iles, just next to the Pointe-Noire pellet plant. GLTA
Winston123 wrote: Just so everyone is clear. PYR is targeting iron ore pelletizers, not the steel making industry. Iron ore pelletizers (vale) mine the raw material and make pellets. These pellets are then loaded onto rail cars and ships and transported around the world to steel producing companies. PYR could give two sh$ts what's happening at the steel factories. We are after the low hanging fruit of the 1000's of iron ore burners currently in use. Again, iron ore mining generally happens in remote areas and the product is shipped world wide. Our process happens 1000's of miles away from the steel making process. Let stop wasting time talking about H2 in the the steel industry. Absolutely nothing to do with PYR.
If this trend of misinformation continues Peter is gonna pull off a rebound of epic proportions in my opinion. I think at this point he is just sitting back with a smile and letting the bashers run wild. Lol
I'm open for discussion if someone can come up with a better solution for replacing iron ore pelletization burners at these remote mines with todays current technologies.
GLTA