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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 > Great post from ceo
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Post by BCONTVentures on Apr 25, 2024 6:55am

Great post from ceo

Great post from @JetsFanYEG:

@JetsFanYEG I keep looking at these big companies that are evaluating PYR technology. Not only will the future revenues propel the stock price but imo when one of them is close to approving the tech either the client company, some of the client company’s major shareholders or a competitor to the client company will start buying PYR shares in volume either in anticipation of future contracts with the approving company or the others in the same industry. For example the speculation today that ArcelorMittal (MT) could be evaluating PYR torches, if it is them when they are done with the evaluation then MT with a MC of $20B might decide to buy a stake in PYR on the open market knowing that the other steel companies will likely follow the lead, or maybe some of the institutions that hold shares in MT buy a stake in PYR knowing that if MT spends millions of dollars on PYR torches that PYR SP will be multiples of today’s price (obviously after the info becomes public so it is not insider trading), or even a competitor like Angang Steel or its shareholders sees that MT is spending money on qualifying PYR tech and decides to jump into PYR knowing if the industry adopts the tech that many more millions will be spent and their bet on PYR would pay off many times over, also a company like Vale in the iron business might see MT announcing their intention to test PYR torches and it solidifies their first mover stance and kicks up their own approval timeline and/or their own rush to get a stake in PYR or their shareholders taking a position in PYR. The sales and validation will be amazing but I feel like we could see a massive run before the revenue is even realized.

@JetsFanYEG I know I can’t time the market (pretty obvious from my trading history), but I also know that when a run happens it could come out of the blue with “no real reason”. For me this price is a great place to be at for when the buying pressure returns, hopefully it won’t be too long
Comment by Melida on Apr 25, 2024 8:01am
I'm in agreement with you.  Also, agree or disagree with the following: these big companies looking at Pyro technology may also be trying to engage Pyro in merger, joint venture or any other number of  business arrangements that create win-win scenarios.  
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