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OUR NEW PROFILE IS: PCRCF

Pacific Rim Cobalt Corp.

(OTCQB: PCRCF     XFRA: NXFE      CSE: BOLT)

***Right now the company is sitting on $4.7M CAD in cash (Most Recent Filing)

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Good Evening Everyone,

We have something exciting for tomorrow’s session.  Our last few profiles have showed us some movement and have dished out scenarios in which it was possible to lock in some substantial gains.

With that being said, our next profile has the potential to be something extremely rewarding for our members.

Right now there are a substantial amount of catalysts in play.

Pull up PCRCF immediately.  This one is listed both here and in Canada as well as in Frankfurt.

Over the past year or so there have been 3 sectors that have gained more attention than the rest.  Blockchain, MJ and Cobalt.  Cobalt has been hot for many reasons but specifically because of the rarity.

We mentioned that this one trades up in Canada on the CSE.  The company has quite a following up there where it has averaged 150k shares a day over the past 30 days.

Take a look at the CSE chart above.  We are showing signs of a rebound and potential re-tracement.  This one just took off without notice at the beginning of the month and went on a multi-session run from .33 to .475.

We saw the American side follow suit. We saw a run from .27 to .37 on very light volume.  The point I am trying to make is that if PCRCF made a substantial move like that on very light volume, What will happen to the pps if this one were to get some momentum behind it.   Level 2 looks very thin.  In fact, there are only two market makers between here and .59.

If PCRCF get’s the momentum that we think we could over the next few sessions then we could really see a dramatic move in the PPS based on how thin everything is looking from here.

PROJECT

Pacific Rim Cobalt – Cyclops Project Area:
Depapre District, Jayapura Regency, Papua Province, Republic of Indonesia

  • Uniquely positioned in a region with potentially the largest source of cobalt outside of Africa
  • Strategically located near China, the world’s largest cobalt buyer
  • Laterite (iron-hosted) mineral resource, rich in cobalt and nickel

Indonesia Nickel-Cobalt Potential

  • Highly prospective geology and tropical environment results in numerous commercially suitable high-grade nickel-cobalt-bearing laterite deposits.
  • Produced 32% of the world’s nickel as laterite ore in 2013.
  • High Quality: 40% of the global total resources of high-grade lateritic ore (>1.8%).
  • Indonesia production focused on high grade nickel in saprolite for pyro-metallurgical processing.
  • Cobalt resources not yet exploited in the limonite zone which offers alternate processing opportunities.

Cobalt Market Economics: Batteries Lead the Way


Why Cobalt?


The Changing EV Market

Supply Chain Issues

“The majority of the cobalt is heading straight to China.
Their global hold is huge.”
– CRU 2016

“The US and China have identified cobalt as a strategic metal and are stockpiling cobalt”
-USGS 2016

“While the occasional [analyst] questions the availability of enough lithium or flake graphite to satisfy soaring demand from the battery industry, everybody has overlooked or ignored the most critical mineral constraint – Cobalt. It’s a truly gargantuan challenge. A Gigarisk!” 
Source: investorintel.com, March 2016

China, No.1 and Growing

  • China is pushing for an aggressive California-style Zero Emission Vehicle (ZEV) program:
    8% of all cars sold in China by 2018 will be EV, and 12% by 2020
  • Given a 1% EV adoption rate in China today, that target translates to a 12x increase in the number of electric cars to be sold in China by end of the decade
  • US government policy changes on renewables and energy storage is likely to be immaterial to global growth projections

Cobalt: Supply and Demand

NEWS

Team

Ranjeet Sundher, President & Director
Mr. Sundher is the President of Canrim Ventures Ltd., a Singaporean advisory firm specializing in early stage project finance and structure and has raised over $40 million for companies in which he was a founder/partner. Ranjeet has over 20 years of capital markets experience and and has developed and sold several successful private and public companies. Previously founded
Indogold Exploration, a Jakarta-based mining service firm.

Steve Vanry, CFO & Director
Mr. Vanry has 25-years professional experience in senior management positions with public and private natural resources companies, providing expertise in capital markets corporate finance, mergers and acquisitions, regulatory compliance, accounting and financial reporting. Mr. Vanry holds the right to use the Chartered Finance Analyst (CFA) and Canadian Investment Manager (CIM) designations and is a member of the CFA Institute and the Vancouver Society of Financial Analysts.

Andre Talaska, Country Manager and Technical Supervisor
Mr. Talaska has over 30 years of experience in the mining and exploration industry. He has held senior positions with several companies both in Australia and SE Asia. In these roles he has extensive experience in project identification, open pit and underground mining, value adding and optimizing of mining operations and management of geological teams in the production
and exploration environment. The above included the sourcing of cobalt rich ore suitable for direct feed to the Kambalda Nickel Smelter and led to the discovery of multiple Ni-Co laterites including the Bulong Ni-Co project.

Shakir Juffry, Business Development/Engineering
Mr. Juffry is a Chemical Engineer and Extractive Metallurgist by background raining and experience with over 20 years of experience in the Indonesian mining and minerals exploration field.

Toto Suarto Sajali, Operation & Development Manager
Mr. Toto is a Mining Engineer with over 15 years experience in Indonesian project assessment, development and operations.

BOARD

Ranjeet Sundher, President, CEO & Director — Noted in ‘Our Team’

Steve Vanry, CFO & Director — Noted in ‘Our Team’

Tim Johnston, Director
Mr. Johnston is President and Chief Executive Officer of Desert Lion Energy, a company developing the first large-scale lithium mine in Namibia. He was formerly Hatch’s specialist in project management and transactional analysis for their global lithium and battery business. During his time with Hatch, he evaluated hundreds of battery metals projects and managed the
development of battery metals projects around the world for Lion Ore, Vale, Xstrata, SQM, Rockwood Lithium (Albemarle), Bacanora Minerals, AMG-NV, Rio Tinto, Galaxy Resources and other key developers. He has co-authored 7 technical publications with a focus on project execution. Mr. Johnston is a chartered professional engineer (CPEng) and CFA charterholder.

Garry Clark, Director
Mr Clark is the Executive Director of the Ontario Prospectors Association (OPA). He has been a Director, Vice President or President of OPA since its formation in the early 1990s. Mr Clark currently serves on the Minister of Mines Mining Act Advisory Committee (Ontario) and the Ontario Geological Survey Advisory Board. Mr Clark brings to the company extensive experience in managing large-scale exploration and development programs internationally including Asia and North America. In addition to over 30 years of consulting experience, he has served as a director of other TSX Venture Exchange listed companies including his current position and US Cobalt Inc. (USCO.V)

Sean Bromley, Director
Mr. Bromley works in corporate finance at a boutique merchant bank. A former investment advisor with experience working with public companies, he is currently a director of White Gold Resources (WGO.V)

 Sincerely,

The Editor

DISCLAIMER

Disclaimer:

“Pacific Rim Cobalt considers the cobalt and nickel tonnage and grade estimates contained herein to be historical estimates. The historical estimates are contained in the Summary Geologic Investigations, PT. Pacific Nikkel Indonesia 1969 – 1979 (Reynolds 1979). These historical estimates do not use categories that conform to current CIM Definition Standards on Mineral Resources and Mineral Reserves as outlined in National Instrument 43-101, Standards of Disclosure for Mineral Projects (“NI 43-101″) and have not been redefined to conform to current CIM Definition Standards. They were prepared in the 1980s prior to the adoption and implementation of NI 43-101. These estimated were prepared in the 1980s prior to the adoption and implementation of NI 43-101. A qualified person has not done sufficient work to classify the historical estimates as current mineral resources and Pacific Rim Cobalt is not treating the historical estimates as current mineral resources. More work, including, but not limited to, drilling, will be required to conform the estimates to current CIM Definition Standards. Investors are cautioned that the historical estimates do not mean or imply that economic deposits exist on the Company’s property. Efforts to obtain any additional information regarding relevant historical work is ongoing, although there are no assurances that this original data will be found. Pacific Rim Cobalt believes that the historical estimates are relevant to continuing exploration on the Property.

 

Mr. Garry Clark, P . Geo., Independent Director of Pacific Rim Cobalt, is the qualified person as defined in NI 43-101, who has reviewed and approved the scientific and technical content in this presentation.”

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