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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 > INVEST IN PYROGENESIS
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Post by Melida on Nov 10, 2024 9:23am

INVEST IN PYROGENESIS

Two general areas to comment on:

1-The bashers are trying to have you believe Pyro is out of cash.  Not so.  Q3 financials are just that.  They tell the story from July 1 to September 30.  The balance sheet for Q3 takes a snapshot of how things are on September 30.  It does nothing more with respect to Pyro assets.  You will note that a number of contracts were signed in October.  Significant ones in spite of what bashers are trying to say.  The financial effects of these contracts on Pyro, as illustrated by a balance sheet (and income statement), will not be known until Q4 and year end financials are posted.  

In the interim and since September 30 what do we know?  We know that Pyro continues to carry on business in the normal course.  And quite well I must say.  If you believe the bashers, Pyro would have ceased to operate at the time of Q3 was published if not sooner.  I remember reading one post that tried to claim Pyro had current assets sufficient for half a day of operation.  Totally false. Totally misleading.  The navy doesn't do deals with companies going out of business.

I could go on with more detail but I don't think I have to.  No doubt the bashers will attack these comments so a few words about them.

2-The bashers (Otto, Filoux, Delasio, Mostlyserious, Sumpineh and others) are relentless.  But they are also wrong about pretty much everything they say.  I'll only mention one thing:  the attacks on Pascali and management make the false assumptions that they are fraudulent criminals or that every action taken has a sinister motive.  This is false.  I know what the bashers will respond with.  What about the AMF?  What about the trust sales? What about this, what about that?    Well, what about them?  Responses to all these issues have been made on this board.  If you haven't read them, you should.  While these issues play out, I am not seeing Pyro failing to execute on its strategy.  
Moving forward, I'll be significantly curtailing responses to bashers (I say this for myself, no one really cares).  It would seem that when I respond in kind to one of their posts they run off to the moderator, and I get deleted.  I don't mind that they're thin skinned.  Unfortunately though, it they gave up the bashing they could have very easily made money on Pyro this year.  There's no denying the share price this year is up 100% from its low.  Suggestion for them: less time reflexively bashing are more analyzing will make you wealthy
Comment by sumpineh on Nov 10, 2024 11:20am
Thanks for sharing your opinion.One need only look at the chart to "analyze" the real storyTo say 100% from it's low would appear to be cherry picking since it is now down 30% from its high of the year and 95% from its all time high.You can sugar coat it all you want  but anyone can see that the 1-3-5-10 and 20 year chart is not a pretty spectacle. Can you say "dead cat ...more  
Comment by Melida on Nov 10, 2024 11:29am
bash away.  Time will tell.  I'm right.  
Comment by Mostlyserious on Nov 10, 2024 11:41am
Melida claims reported financial statements don't matter.  I find it odd that there is such a huge industry behind preparing financial statements and accounting and auditing standards, and their use since that is the case. But in highlighting recent contract wins and mentioning the financial statements, he must have an idea what they could generally look like.  So, please paint that ...more  
Comment by Melida on Nov 10, 2024 12:01pm
When did I say financials did not matter?  Never.  This is more bashing. My post this morning gives complete relevance to financials.  Did I not even refer to Q4 and year end financials ? I explained what Q3 financials did.  Since the end of Q3 therfe has been significant progress.  I was explaining how bashers, like you, may not undersand them, when they assume Pyro is ...more  
Comment by Mostlyserious on Nov 10, 2024 12:23pm
I never said they are going out of business.  I always talked about what they say and what the company says about them.  There is a significant risk to their business based on the availability of resources to carry out operations. Do you disagree?  Yes, you mentioned Q4 and I asked you what those statements may look like.  Let me start you off with where Q3 left off ...more  
Comment by Mostlyserious on Nov 10, 2024 12:34pm
Sorry, to help you out, let's add the $1m that was raised through the warrants after end of Q3.
Comment by Melida on Nov 10, 2024 12:47pm
I disagree with you.   I have no idea what Q4 statements are going to look like.  There's another month and a half before the quarter and year end.  If Pyro operates like most other companies on the verge of commercializing its product it will rely on more contracts (2 already PRed) If financing is required then they will work on arranging it.  I've discussed all ...more  
Comment by Melida on Nov 10, 2024 12:59pm
I disagree with you. I have no idea what Q4 statements are going to look like. There's another month and a half before the quarter and year end. If Pyro operates like most other companies on the verge of commercializing its product it will rely on more contracts (2 already PRed) If financing is required then they will work on arranging it. I've discussed all this before. Time will tell ...more  
Comment by Melida on Nov 10, 2024 1:01pm
ignore 12:47.   Very sensitive keyboard
Comment by Mostlyserious on Nov 10, 2024 1:27pm
You are welcome to disagree with what is in print in company's publications.  If you think that is misleading to the readers, you should contact the company and point that out to them.  It is not in its interest to publish misleading information that makes something look worse than it is. Unfortunately, I have seen examples of making things sound much better than they were. i don ...more  
Comment by sumpineh on Nov 10, 2024 2:48pm
Pump away.So many small caps out there actually making money that actually have a future.
Comment by Melida on Nov 10, 2024 3:27pm
I'm not pumping.  I couldn't care less if you didn't invest in Pyro this year.  Bashers who refer to 3/4 years ago are not acknowledging what has happened to both the company and the share price this year.  Time will tell.  I'll make money here.  The fact is that the share price is up over 100% from this year's low.  And that is not a dead cat ...more  
Comment by Mostlyserious on Nov 10, 2024 4:34pm
Majority of my posts are to inject some realism to  the pumping. One of your arguments to liquidity issues is the company saying that it is able to execute their strategy.  You may not care about what happened 3/4 years ago, but my point is that you believe the same way I believed 3/4 years ago. I believed what they said and lost tons of money. But I get it, times are different, they are ...more  
Comment by Thinkbigsti69 on Nov 10, 2024 3:12pm
Great post Melida.
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