Peter Epstein

Epstein Research

Image: Peter Epstein

Peter Epstein is the founder of Epstein Research. His background is in company and financial analysis. He holds an MBA degree in financial analysis from New York University's Stern School of Business.

Recent Articles

What Will Make the Market Notice This Gold Company? 06/01/2022

FenixOro's Colombian gold project is just 15km from a world-class, high-grade gold mine that the team's COO helped discover and develop before it was sold for CA$1.4 billion. FenixOro believes it has a similar mine in the making with possibly 6 to 10 million ounces of medium or high-grade gold, yet the market values the company at CA$14 million.

Perfect Storm Brews for Higher Helium Prices 03/16/2022

Helium gas is one of the hottest commodities on the planet, but few investors are tracking its price because prices are quite opaque. But by first quarter 2023, margins should be very high and run-rate annual revenue could exceed CA$100M.

EV Demand Drives Phosphate Rock Market 03/07/2022

Multiple factors are pushing fertilizer (and critical component phosphate rock) prices higher and higher. One need look no further than grain prices like wheat, corn, and soybeans.

St. Anthony Gold: Tiny Market Cap, But Huge Potential 02/15/2022

Headed into a gold bull market, one should consider swinging for the fences with high risk / high reward junior miners like St. Anthony Gold with two projects in Ontario. Its flagship project could comfortably host 1M+ ounces of gold, perhaps at a grade of 4-6 g/t — yet the market cap is under CA$3M.

Why Is Copper Such a Great Investment Theme? 02/11/2022

Peter Epstein of Epstein Research shares his thoughts on why "cashed-up" Allied Copper is a Cu company to watch.

Helium Junior Looks to Be in Production in 6 Months 02/07/2022

Desert Mountain Energy expects to be in helium production within six months and be robustly cash flow positive from 2023 on.

Is Co. Undervalued as Phosphate Prices Soar? 02/02/2022

Arianne Phosphate has a globally-significant, advanced-stage phosphate rock project in Quebec, Canada, that's very undervalued, with huge catalysts coming in 2022, Peter Epstein of Epstein Research writes.

Is Phosphate Rock Sexy? Yes! Arianne Phosphate Is Looking Hot 10/25/2021

Arianne Phosphate has a very advanced stage, shovel-ready, phosphate rock project in mining-friendly Quebec with two off-take agreements signed, a BFS and cooperation agreement with nearby First Nation groups, writes Peter Epstein of Epstein Research.

Is Cypress Development Corp. the Cheapest Lithium Junior on the Planet? 10/13/2021

Peter Epstein of Epstein Research notes that five major lithium transactions have occurred in the past six months: Galaxy, Millennial, Neo Lithium and Bacanora Lithium were acquired (or are in the process), and ioneer ltd. sold half its project for US$490 million. Cypress Development is one of the few remaining companies with a 100%-owned project at PFS or BFS stage.

Is First Cobalt’s Planned Battery Materials Park Undervalued? 10/07/2021

First Cobalt Corp. is fully-funded to build a Battery Materials Park (BMP) in northern Ontario, Canada. The BMP will be operating years ahead of dozens of other BMPs in North America, making it a very valuable asset. First Cobalt is poised to generate cash flows from cobalt sulfate, Li-ion battery recycling, and nickel sulfate.

Usha Resources: A Tiny Market Cap but Giant Copper and Cobalt Potential 09/28/2021

Usha Resources has multiple copper, cobalt and gold properties and projects across the U.S. and Canada. Cobalt in the U.S. would be hugely desirable; Usha could find meaningful deposits of cobalt and copper. A small market cap with near-term drill results make Usha a compelling risk/reward proposition.

Teck Resources’ Investor Day Shines Light on Long-Term Resilience of Steelmaking Coal 09/24/2021

Teck Resources, a CA$26 billion company, is the second largest steelmaking coal producer in the world. In its Investor Day presentation earlier this week it reiterated the long-term strength of the seaborne coking coal market. Colonial Coal is also 100% coking coal, with two valuable projects for sale in B.C., Canada.

First Cobalt Corp: Fully Funded & Substantially Derisked With New US$45-Million Financing 08/25/2021

Investors had been waiting nearly two months, but now the big derisking event has been announced — a US$45M funding package to expand, enhance, and optimize First Cobalt's 100%-owned battery materials refinery in northern Ontario. First Cobalt is one of only a small group of battery materials juniors that will generate meaningful cash flow in 2023.

Is Marvel Discovery Corp. the Fastest Growing Newfoundland Gold Claims Holder? 08/12/2021

Peter Epstein of Epstein Research delves into the company's exploration plans at its many Canadian gold projects.

Kincora Copper: Cheap Entry into Australia's Foremost Porphyry Copper-Gold Belt in NSW 08/05/2021

Peter Epstein of Epstein Research speaks with Kincora Copper CEO Sam Spring about his company's exploration plans.

Sassy Resources Killing It in Gold Exploration on Both Canadian Coasts 08/04/2021

Peter Epstein of Epstein Research takes a deep dive into Sassy Resources, which he believes has two company-making project portfolios.

First Cobalt Corp.: North American Battery Materials Powerhouse in the Making 07/22/2021

Peter Epstein of Epstein Research profiles First Cobalt and explains why he is bullish on the company.

Cypress Development Corp. De-risks Flagship Project with Direct Lithium Extraction Partner 07/12/2021

Peter Epstein of Epstein Research explains why he believes there will be significant lithium production from the U.S. and the role that Cypress Development could play.

FenixOro Gold Undervalued, Trading at <1% of the Value of Nearby Buriticá Mine 07/07/2021

Peter Epstein of Epstein Research explains why he believes FenixOro "offers a compelling high-risk/high-reward investment proposition."

Explorer's 'Exciting' Newfoundland Gold Portfolio Poised to Triple to ~100k Hectares 06/23/2021

Peter Epstein of Epstein Research discusses Marvel Discovery Corp.'s strategically located new claims in the "red hot Newfoundland gold play."

Little Known Element 29 Corp. Has Two Potentially World-Class Copper Projects in Peru 06/18/2021

Peter Epstein of Epstein Research profiles this company with two copper exploration properties and notes that it's "rare to have two projects that have such substantial blue-sky potential."

Nevada Explorer Holds Promise as Heap Leach or Underground Story 06/15/2021

Peter Epstein of Epstein Research believes Golden Independence Mining Corp. could be an M&A target for a major with a neighboring prospect.

Sassy Resources' Projects in Newfoundland and the Eskay Camp in B.C.'s Golden Triangle Are Red HOT! 06/04/2021

Peter Epstein of Epstein Research profiles Sassy Resources and discusses its Canadian projects located in two very active camps.

The Decade of Copper Could Be a Bonanza for Braveheart Resources 05/20/2021

Ian Berzins, CEO of Braveheart Resources, sits down with Peter Epstein of Epstein Research to discuss a company that offers "near-term production potential, plus three promising projects."

Explorer Monetizing Mineralized Stockpiles in British Columbia in the Near Term 05/18/2021

Peter Epstein of Epstein Research provides his investment thesis for Blue Lagoon Resources, for which he highlights near-term, high-grade production and meaningful cash flow.

Explorer Remains Active and Hungry Post Spinout Transaction 05/12/2021

Marvel Discovery Corp. CEO Karim Rayani talks with Peter Epstein of Epstein Research about his company's activities.

Miner Poised to Capitalize on Increasing Demand for Copper 04/26/2021

Copper is gaining momentum, according to Peter Epstein of Epstein Research, and Pampa Metals is "cashed-up" and drilling for new discoveries "in the shadow of giants."

Will the Lithium Price Rebound Stick? 04/23/2021

Peter Epstein of Epstein Research discusses whether the lithium price surge is a "flash in the battery metals pan" or whether the price will stay stronger for longer, and what this means for Cypress Development Corp.

Athabasca Uranium Junior Skyharbour Resources Well Positioned for Sector Liftoff 04/08/2021

Skyharbour Resources CEO Jordan Trimble speaks with Peter Epstein of Epstein Research to discuss the uranium market and provide an update on his company's Canadian projects.

FenixOro Gold Corp. Outlines (Potential) 2 Moz Gold Resource 04/07/2021

Peter Epstein of Epstein Research looks into FenixOro Gold's preliminary analysis of its phase 1 drill program and how it shows the potential to reach a 2 million ounce gold deposit.

First Cobalt Corp., Pure-Play Cobalt Junior, Graduating to Battery Metals Producer 04/06/2021

Peter Epstein of Epstein Research explains how First Cobalt Corp. offers pure-play exposure to the shift to electric vehicles.

Marvel Discovery Corp., Formerly International Montoro Resources, Features Multi-Metallic Assets 03/16/2021

Peter Epstein of Epstein Research looks into the gold, copper, nickel, cobalt, PGEs, REEs and uranium prospects on Marvel Discovery's properties.

Undervalued Canadian Miner Has 'Blue Sky' Potential 03/11/2021

In this interview with Rana Vig, the CEO of Blue Lagoon Resources, Peter Epstein of Epstein Research explores the company's options for producing high-grade gold, silver and copper, as well as its exploration potential at its British Columbia project.

Sassy Resources Makes Bold Move into Newfoundland's Mini Gold Rush 02/23/2021

Peter Epstein of Epstein Research takes a look at Sassy Resources' foray into Newfoundland in addition to its British Columbia project in the Eskay Camp.

Azarga Metals, a Long-Forgotten Copper-Silver Junior—Worth a Fresh Look? YES 02/22/2021

Peter Epstein of Epstein Research sits down with Alex Molyneux, chairman of Azarga Metals, to discuss his company's exploration of the Unkur copper-silver project in Russia.

VanGold Mining Delivers Robust PEA and New 27.6 Moz Silver Equiv. (Ind. + Inf.) Resource 02/18/2021

Peter Epstein of Epstein Research discusses VanGold's preliminary economic assessment on its combined El Cubo and El Pinguico silver-gold project in Mexico.

Element 29 Resources, a Pure-Play Peru #Copper Story with 2 Promising Projects 02/09/2021

Peter Epstein of Epstein Research discusses this newly listed company with "two 100%-owned, potentially world-class copper porphyry projects in Peru."

Is Cypress Development Corp. Cracking the Clay Code of Nevada's Lithium Abundance? 02/08/2021

Peter Epstein of Epstein Research reports on Cypress Development's work at the clay-hosted Clayton Valley Lithium Project in Nevada.

Blue Lagoon Resources: Near-Term Production, High-Grade Gold and Silver in BC 02/01/2021

Peter Epstein of Epstein Research presents his investment thesis for Blue Lagoon Resources, which has three projects.

Portofino Resources Revisits Its Lithium Past, but Primary Focus Remains on Canadian Gold Projects 01/21/2021

Peter Epstein of Epstein Research profiles a company that controls five options to acquire "promising gold properties" in Canada.

Go BIG or Go Home. Will NuLegacy Gold Crack the Rift Anticline Code in 2021? 01/19/2021

Peter Epstein of Epstein Research highlights the importance of NuLegacy Gold Corp.'s drill program this spring.

Junior Achieves De-Risking 'Milestone' as Cobalt Prices Rebound 01/13/2021

Peter Epstein of Epstein Research calls First Cobalt Corp.'s agreements with major firms to deliver feedstock "a major vote of confidence."

Highest Grade Nevada Gold Junior that No One's Heard of? 01/12/2021

Peter Epstein of Epstein Research discusses the investment case for Walker River Resources, which is exploring for gold on its Nevada property.

First Cobalt Corp. Secures C$10M in Non-Equity Financing, Further Derisking Its 100%-Owned Cobalt Refinery Restart 12/18/2020

Peter Epstein of Epstein Research explains why he sees blue sky potential with this company.

Nevada Miner Uncovers 'Fast-Track' Opportunity 12/15/2020

Peter Epstein of Epstein Research speaks with Golden Independence Mining's CEO about the company's "simple, low-risk" heap leach project in Nevada.


Recent Quotes

"Skeena, GT, Tudor and Ascot are four potential acquirers of SCOT."

— Peter Epstein, Epstein Research (6/30/20)
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"SCOT could soon be a prime takeout target."

— Peter Epstein, Epstein Research (2/28/20)
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"SCOT's hole SR19-11 hit an interval of 74+ g/t Au eq over 4.3m."

— Peter Epstein, Epstein Research (1/6/20)
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"SCOT owns/controls 18,544 ha in the world famous Golden Triangle."

— Peter Epstein, Epstein Research (8/20/19)
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"DEFN's Wicheeda could be in small-scale commercial production soon."

— Peter Epstein, Epstein Research (5/28/19)
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"SCOT is a lesser known gold junior whose ship may have just come in."

— Peter Epstein, Epstein Research (5/19/19)
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"CYP's drill results demonstrated good continuity across a large area."

— Peter Epstein, Epstein Research (4/17/18)
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"PGLC is expected to begin production later this year."

— Peter Epstein, Seeking Alpha (2/6/15)
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