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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 > Another thing to look forward to...
View:
Post by tamaracktop on Oct 29, 2023 9:25am

Another thing to look forward to...

In addition to the AMF, the quarterly financials, and tax-loss selling, which everyone knows are imminent, the buyers of the latest financing will be free to sell their shares in the third week of November. 

If they've wanted to buy more since the issue closed, there's been nothing to stop them.

This can only increase the supply of shares being sold in the market. 

It's not going to have a limited effect though, the issue only raised $3 million, and " your Peter " had to buy $2 million of it, and he's been selling while the others have been locked-in.

They can't have been too impressed with what the trust has been doing since they bought in.
Comment by HARJAY on Oct 29, 2023 10:07am
Presumably they bought into the financing for a longer  term  investment when PYR 's work  starts to bear fruit which will be when RIO nd Vale switch over to plasma .I don''t believe they're looking for a quic flip for a 20 / 40 or  even 60 % return but more likely are looking or a 5 to ?? bagger over time.  The other issues are short term  noise which ...more  
Comment by tamaracktop on Oct 29, 2023 10:36am
Presumably some of them bought in because they were enticed by the fact the CEO was buying $2 million of it. Then he turned around and started selling it, selling as low as 58 cents last week.  The trust has sold slightly more than 800,000 shares since the issue closed. Almost as much as they collectively bought.
Comment by filoux004 on Oct 29, 2023 10:37am
You are right markets are always looking forward. Glta fast forward,  release of the Financials.
Comment by Holdrrrr on Oct 29, 2023 12:29pm
That's right harjay, best to ignore the short term noise, especially from these chat boards.  The big picture is coming together now, and once one major like Rio switches over, it gives confirmation to all the other big players that the pyr tech is superior, and by far the best alternative.  Then the big orders will flow in constantly.  Our current market cap will be many times ...more  
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