PyroGenesis Canada Inc (PYRGF)

[Tom Joad]

re: mesh size, Pyrogenesis

Thank you Nobahamas.

I spent hours on that trying to find an answer and never found one.

Anyway, glad that's out of the way!!!

On the other hand, guys and gals, I still have my concerns about Pyrogenesis management. I can't help but believe that they never wanted to manage an industrial operation, that any technology they generate is to be spun off to another company, or sold, or licensed for use by someone else. They're honest in that they've announced spinoff plans, but if I were buying powder, even if Pyrogenesis is making the gold standard in powder, their business plan doesn't give me a lot of confidence in them being a supplier. Who's the management team in the spinoff? How golden is this powder?

I would want to have confidence that I could sign a contract with them and get powder of a quantity, and during a time period, that I could get operations under way. Why not instead establish a relationship with ATI Powder Metals, or Teckna, or ALD Vacuum Technologies? On the AMG - ALD Vacuum Technologies webite there's this about plasma atomization-

PIGA
For the production of ceramic-free powders and for the atomization of reactive, and/or high-melting alloys, melting can also be accomplished by means of a plasma jet in a water-cooled copper crucible. PIGA stands for plasma-melting induction-guiding gas atomization. The bottom of the PIGA crucible shown above is connected with an inductively heated discharge nozzle, also made of a copper base material. This ceramic-free discharge nozzle system guides the liquid metal stream into the gas atomization nozzle, where it is disintegrated by the inert gas.


http://www.ald-vt.com/cms/en/vacuum-technology/applications/powder-metallurgy/

The other concern is management's vision. Powder metallurgy was a growing field during the time that Pyrogenesis claims to have invented the technology of plasma atomized metal and went into commercial production. Then, in Pascali's words, they gave the technology to AP&C. About that claim that Pyrogenesis patented the technology. Here's a patent application filed August 15, 1995. Note that the original assignee is Pegasus Refractory Materials.

Method of production of metal and ceramic powders by plasma atomization

Do a search on Pyrogenesis within the page and you find that the patent was assigned to Pyrogenesis after the file date, on July 14, 2000.

Plasma atomization goes commercial under Pyrogenesis, looks like around November 1998-

http://www.sciencedirect.com/science/article/pii/S0026065799800071

We do have this positive news about a recent patent application from Pyrogenesis. I hope it's granted!

Plasma apparatus for the production of high quality spherical powders at high capacity

Question: Can Pyrogenesis shoulder a spinoff that has shareholder value when demand for Ti powders will increase at an exponential rate while at the same time there are competent suppliers of Ti metal powders.

Question: Is what I've outlined above the reason why they aren't getting much press attention?

Disclosure: I own some shares. I hate doing legwork like this to hold a company's feet to the fire, but I believe it's necessary so folks know what they're dealing with, after all, the shareholder assumes all risks.