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Bullboard - Stock Discussion Forum PyroGenesis Inc T.PYR

Alternate Symbol(s):  PYRGF

PyroGenesis Inc., formerly 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 (GHG). The Company has created proprietary, patented and advanced plasma technologies that are used in four markets: iron ore... see more

TSX:PYR - Post Discussion

PyroGenesis Inc > This is unbelievably misleading
View:
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 ?
Comment by EtheGreat on Sep 08, 2022 9:43am
'tamaracktop' U are well aware of Accts. Receivables occurring Monthly & Weekly ! And U are aware there are ways to turn Future Pending Accts. Receivables into Immediate Cash - that's called Banking / Financial Relationships ! IMO the Co. isn't in Dire Circumstances , but Steady as it Goes with Hiring in Key positions as needed ! - Are U drinking too much over there ? U should ...more  
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