Post by
qwerty76 on Jan 10, 2022 7:42pm
NEW SEDI report, company bought back
and cancelled by my calculation 107,000 shares at an avg price of $3.96 during the month of December. All of this while the shorts added over 500k shares to their short position.
If the company can put together a great contract and force the shorts to cover there wont be as many shares available and the price will rise rapidly.
GLTA
Comment by
BCONTVentures on Jan 10, 2022 8:03pm
Yes, PyroGenesis bought back and cancelled 107,000 shares in December 2021 (in addition to the other shares bought back and cancelled throughout the year 2021). Great to see the NCIB being utilized. Long and Strong in PyroGenesis!
Comment by
BCONTVentures on Jan 10, 2022 8:31pm
Also note that during November and December 2021 PyroGenesis purchased 840,094 shares (and cancelled them) ranging in price from $3.67 to $4.64 (through PYR's NCIB). This is a huge sign of confidence (utilizing this amount of cash), as Peter knows what is coming in 2022 for PyroGenesis. Long and Strong in PyroGenesis!
Comment by
developbc on Jan 10, 2022 9:12pm
Definitely awesome vote of confidence indeed. No way that huge 31,000 sq ft additional lease space doubling up existing their industrial footprint PLUS doubling their employees from 50-60 to now 100-110 is something to ignore. Something is brewing and imho we shall see why..soon enough. Long and strong PYR