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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 tamaracktopon Sep 16, 2024 12:50pm
37 Views
Post# 36225677

RE:Sorry. Bad math

RE:Sorry. Bad math
tamaracktop wrote: There are 4 million warrants that were 56% out of the money 2 months ago that are now suddenly in the money.

Thats four million more shares that can be sold at a risk free profit Today, than there were two months ago.

And the risk free profit grows higher quickly with any gain in the stock.

A penny higher makes a difference. 

One penny increases the return 1.3% off a 75 cent cost base. 

These are facts you must confront.

There are 4 million new treasury shares for sale overhead 




- August 31st.

If you're very very lucky, you might be able to sell this at 85 cents.

If you aren't, this tanks before the next quarterly report.
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