PyroGenesis Inc T.PYR

RE:RE:RE:RE:RE:RE:RE:Rio Tinto

[Thinkbigsti69]

BCONTVentures wrote: The iron ore pelletizing market/industry is huge and with PyroGenesis having 4 torches with Rio Tinto/IOC (Client B) is huge.  Corporations like Rio Tinto plan years ahead.

The user KaizerSoze has some great posts regarding the industry and Rio Tinto (RT).  He works at Rio Tinto in Kitimat, BC.  This post is worth re-reading:

https://stockhouse.com/companies/bullboard/t.pyr/pyrogenesis-canada-inc?postid=35250700

Anyone familiar with heavy industry know very well that when introducing dispruptive technology or any new technology or equipment requires an enormous amount of time. These things don't happen overnight. To these industry giants like RT, 6 months is nothing on their time line. They think in terms of years ahead. The business case is built on multiple layers that has to be explored, checked off and green lighted. All kinds levels of management and engineering involved in the process before final investment decision is made. The fact that Pyro has gotten to this stage with players like RT is massive. Let me say that again so it sinks with you...Massive. Once you're in the door with these companies it's for decades, not to mention the domino effect of getting set up with other smelters in their fleet that is world wide. There will always be haters such as yourself spreading fud to incite fear to shareholders. For all those Pyro share holders I say just be patient. You don't want to be that guy who says, jeez I once had shares in that company but got impatient and sold too early

 

https://stockhouse.com/members/kaizersoze/bullboard-post-history

Thanks for the great posts/insight KaizerSoze.

Thanks for posting this BCONTVentures. Sad that some here are not made of the stuff to be good long term investors. Investing is all about ups and downs and not always about immediate gratification, The patient investor will be rewarded.