Post by
tamaracktop on Sep 08, 2022 8:43am
This is unbelievably misleading
Read the highlighted portion of yesterday's press release, and then read the headline in The Market Herald;
"the Company has been selected by a an international producer of magnesium metal (the “Client”), to test PyroGenesis’ zero-emission plasma torches as part of their process for transforming mining waste and recycled minerals into high-value metal. At this time, the name of the Client remains anonymous for confidentiality reason"
And then....
PyroGenesis (TSX:PYR) secures metal recycling projects
Why do you think PyroGenesis has made 3 press releases in 8 days?
Because they're trying to get the stock price up to do an offering.
The stock hasn't moved.
It traded as high as $1.94 8 days ago, and closed at $1.87
The company had $650,000 in cash on June 30th, but you wouldn't know that if you just read their press release.
The company lost $1 million a week in the 2nd quarter.
Where are they going to get the money?
Don't close your eyes to reality because you're blinded by bias because you own the stock.
Wake up people.
Comment by
tamaracktop on Sep 08, 2022 8:49am
And in case you didn't notice on SEDI, the CEO excercised more options and bought 1.2 million shares for 58 cents on August 23rd.
Comment by
EtheGreat on Sep 08, 2022 9:46am
'tamaracktop' MONEY$ NEVER SLEEPS ! CEO exercising Warrants = Smart Man ! Takes Money$ to make Money$ Wouldn't U do the Same ? -- EtheGreat or Not ?