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Pyrogenesis Canada Inc T.PYR

Alternate Symbol(s):  PYRGF

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. It offers patented and advanced plasma technologies that are used in four markets: iron ore palletization, aluminum, waste management, and additive manufacturing. Its products and services include Plasma Atomized Metal Powders, Aluminum and Zinc Dross Recovery, waste management, plasma torches, and Innovation/Custom Process Development. It also operates PUREVAP NSiR, which is a proprietary process that can use different purities of silicon as feedstock to make a range of spherical silicon nano- and micro-powders and wires, for use across various applications. Its products and services are commercialized to customers operating in a range of industries, including the defense, metallurgical, mining, advanced materials, oil & gas, and environmental industries.


TSX:PYR - Post by User

Comment by Mostlyseriouson Oct 28, 2023 9:08am
185 Views
Post# 35705522

RE:Lets Talk Facts

RE:Lets Talk FactsFirst, the pumpers here probably have never gone to the actual financial statement filings beyond NRs. And likely dont know how to read them. Holdrrrr brought up by himself receivables and completely embarrassed himself by not knowing what they are and did not even read the note about them in the FS that bring forward a lot more questions. The Drosrite big contract was for 7 systems. 3 have been delivered, 4 have been manufactured but not delivered at the time of last statement. As if a joint venture between Alcoa and a Saudi Arabian company does not have several million dollars to pay for something that is cost efficient and product effective. I dont blame 3P either. In the investment world, we call that being accountable. He is ultimately accountable for where the company and share price is. Even more so than in other publicly traded companies because he has majority controlling interest and the board is just optics. I dont know how those board members continue serving. But I can guess why$. I hold him accountable for over promising and under delivering. I understand that under delivering is not fully within his control because the client makes the decision and he is not inside the fence when clients hold internal discussions. But he is fully responsible for over promising. He cost a lot of people a lot of money, he and his family trust and family have done well considering the actual results of everything PYR had done up to this point. Commercial stuff not selling well, tons of stuff not commercialized yet and wont be without additional financial resources. Thats the reality. No bashing, no pumping. Hard, cold reasonable deduction of facts.
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