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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 Sidewindergoon Oct 28, 2023 11:48am
127 Views
Post# 35705662

RE:RE:RE:RE:Lets Talk Facts

RE:RE:RE:RE:Lets Talk Facts

This is a great thread and very reasonable discussion. I've been bullish on the tech for years, but you aptly describe finances as oxygen and macroeconomic conditions have made that oxygen harder to get. This boils down to the fact Pyro, for whatever reasons, has not been able to increase income enough to cover increasing expenses resulting from scaled-up operations. This led to Pyro leaving the Nasdaq, and as the CEO, Peter is 100% accountable. Pyro still has great tech that may lead to a bright future, but it's capital intensive to switch to a client industries have less financial incentive to go that route while capital costs increase. I'd be quite worried in my investment If not for geopolitical pressure to lower CO2 emissions, and the recent HPQ successes.

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