RE:RE:FIRST OF ALL... where do you see the growth, they regressed. Yes they may have grown their R&D used by different industries, but that's it , no growth in the iron ore torches, no growth anywhere, just testing, developing and a continuation of press releases with very little sales of anything
BCONTVentures wrote: Well said Melida, great post. And like yourself, I am also looking forward to the Q2 results, especially the updates on PyroGenesis' multiple business lines/divisions. PYR has grown immensely during the past number of years, and is gearing up for exponential future growth.
Melida wrote: ... the warrants issue is being overblown by bashers. At most it is a short term technical issue. There have been no negative NRs and all releases confirm Pyro is executing extremely well on its 3 pronged strategy and meeting and even exceeding established milestones.
Secondly, the assumptions & generalizations being made by the bashers make their comments pretty much useless. Why don't they break down the existing warrants into their various expiry dates? How do they know how many existing warrant holders have agreed to the ammended terms? It should be obvious but it has to be reinforced: the three different groups of warrant holders had the option of ammending their warrant terms. They did not have to.
Thirdly, there are too many variables at play to be so convinced that only this warrant issue is having the price adjustment effect on the share price. Take a good look at what the overall market has been doing this week. BIG market sell off. We are in correction territory. Buying opportunity?
Lastly, and to repeat, the warrants are a short term issue if anything. General market conditions have deteriorated in the last little while with a big sell off today. These issues have nothing to do with Pyro's specific and excellent prospects.
I haven't bought a whole lot of Pyro recently, however, I'm so tempted to do so before Q2 results next week, that will include comments. Definitely long and strong!