PyroGenesis Inc T.PYR

Equities in General

[LastZaz]

As I suspected and alluded to in my prior posts that BCContventures sometimes reposts, the market is going to go through some turmoil here.

Yes, the stock has been tanking since before this rocky period, but the market signals were all there for some time now... Right now a lot of people are reallocating or outright selling out of the market. Risky and speculative equities are no longer as attractive, which means a lot of these small cap companies and their share prices will struggle in the near term.

Unfortunately all of us, whether it's in our RRSPs or are TFSAs will see our equity value decrease in the next while... and further, inflation is limiting our buying power on real products and commodities. The price of oil increasing so significantly is going to bleed to increases in all products as the price of transportation increases even further on top of an already boiling inflation rate thanks to the governments and their "generous" money printing and spending plans. 

This has been written on the wall for some time... Unfortunately many of us are caught holding the bag here. However, as far as the long term potential of PYR, it is still there, as slow moving as it feels. I would not be too worried however if you're down 50%+. Keep in mind it is extremely unlikely PYR will fold. They are financially healthy as of my last review of their books, and their business lines are all growing and trending towards bigger opportunities day by day.

Ultimately, the reasons many of us invested still exist... technology that is green and cost efficient is extremely attractive in the long term in a world that is trying to reduce dependency on fossil fuels. Perhaps the price of fuel going up as it has will incentivize iron ore compnanies to move faster on torches, given their costs of operations are likely increasing....Anyways, like many of you, I eagerly await the next updates and annual report. We have delivery of the first torch in July to look forward to and I'm sure a few months after that we will see additional torch orders. Also lots of other business lines such as the nano powders/HPQ, atomized powders, PFAS, DROSRITE, RNG, etc have a lot of potenteial to grow.

I do see a return in the long term. If you feel similarly, I would not stress - especially when all equities are likely going to be falling significantly. At this point, I'd say just brace for blood and if you can, cash up or reallocate your investments to energy and real commodities. If you can't, prepare to hold for some time and ideally you're earning some dividends over that time. I'll likely be hoarding cash for the next couple of years presuming we're in for stagflation which appears to be the case. 

Rest easy and focus on saving cash in the present moment for future. GLTA and wish you all well.

[Dividends]

My Enbridge stock is doing great!

[LastZaz]

Yes, likewise my positions in ENB and CVE have killed it.  My small caps are all smoked for now.