Goldman Small Cap Research Issues New Research Report On Pacific Rim Cobalt Corp.

BALTIMORE, MD / ACCESSWIRE / October 14, 2019 / Goldman Small Cap Research, a stock market research firm specializing in the small cap and microcap sectors, announced today that it has released a new research report on Pacific Rim Cobalt Corp. (OTCQB:PCRCF) (CSE:BOLT) an emerging junior mining company. The report carries a price target. To view the new initiation of research coverage report, along with disclosures and disclaimers, or to download them in their entirety, please visit www.GoldmanResearch.com.

Pacific Rim Cobalt Corp. is a Canadian‐based exploration company focused on the acquisition and development of production grade nickel and cobalt deposits, along with key raw material inputs for the growing lithium‐ion battery industry. The Company's flagship development project is in Indonesia.

In the Opportunity Research report, analyst Rob Goldman discusses the Company's opportunity that lie therein.

Goldman noted, "PCRCF represents an early mover and pure play on some of the largest and most important themes in the resource industry. For example, the Company is a play on the use of nickel/cobalt in electric vehicle (EV) batteries, a huge growth driver. With a project in Indonesia, the home of the world's largest production of nickel, PCRCF offers investors a unique opportunity with reduced geopolitical risk than is found in other developing nations. Toyota is spending $2B to build EVs in the nation and that follows a major presence on the ground by other auto producers."

"Plus, PCRCF could be viewed as a proxy for the symbiotic near shore relationship between Indonesia and China, the biggest buyer of nickel, Management has opened a business development office in Shanghai and signed a preliminary offtake agreement with a major player in China."

"The flagship Cyclops project's shallow drilling program has already confirmed strong nickel and cobalt mineralization. PCRCF shall produce a maiden 43-101 resource estimate in the coming months, serving as a driver for the stock. Our price target reflects the growth in the value of PCRCF's shares driven by a series of diverse milestone events in drilling, EVs, China, and growth in Indonesia. This figure also correlates with other junior resource companies in a similar stage as PCRCF," concluded Goldman.

About Goldman Small Cap Research: Founded in 2009 by former Piper Jaffray analyst and mutual fund manager Rob Goldman, Goldman Small Cap Research produces sponsored and non-sponsored small cap and microcap stock research reports, articles, stock market blogs, and popular investment newsletters.

Goldman Small Cap Research is not in any way affiliated with Goldman Sachs & Co.

This press release contains excerpts of our most recently published sponsored company research report on Pacific Rim Cobalt Corp. which carries a price target. The information used and statements of fact made have been obtained from sources considered reliable but we neither guarantee nor represent the completeness or accuracy. Goldman Small Cap Research relied solely upon information derived from Pacific Rim Cobalt Corp. ("the Company") authorized press releases or legal disclosures made in its filings with the U.S. Securities and Exchange Commission http://www.sec.gov.

Separate from the factual content of our report about the Company, we may from time to time include our own opinions about the Company, its business, markets and opportunities. Any opinions we may offer about the Company are solely our own, and are made in reliance upon our rights under the First Amendment to the U.S. Constitution, and are provided solely for the general opinionated discussion of our readers. Our opinions should not be considered to be complete, precise, accurate, or current investment advice. Statements herein may contain forward-looking statements and are subject to significant risks and uncertainties affecting results.

A Goldman Small Cap Research report, update, newsletter, article, trading alert, corporate profile, or press release is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed is to be used for informational purposes only. Please read all associated full disclosures, disclaimers, and analyst background on our website before investing. Neither Goldman Small Cap Research nor its parent is a registered investment adviser or broker-dealer with FINRA or any other regulatory agency. To download this research report or any of our research, view our disclosures and disclaimers, or for more information, visit www.goldmanresearch.com. Goldman Small Cap Research has been compensated $4500 to produce this research.

For more information on Pacific Rim Cobalt Corp., please visit: http://www.PacificRimCobalt.com/.

For more information on Goldman Small Cap Research, please visit: www.GoldmanResearch.com.

CONTACT:

Goldman Small Cap Research
Rob Goldman, Analyst
410-609-7100
rob@goldmanresearch.com

SOURCE: Goldman Small Cap Research