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Peter Grosskopf, Chairman of SCP Resource Finance | Rule Symposium 2026: Rick Rule interviews

Rule Investment Media May 20, 2026

Summary

Peter Grosskopf, chairman of SCP Resource Finance, argues reputation and who you deal with matter most in mining finance.

SCP filters global mining deals for institutions and accredited retail investors, invests in its own favorite names, and generates demand in weak markets.

Grosskopf advises retail investors to do their own research, back proven management teams, and follow marquee investors.

Both speakers warn that after two strong years, fraudulent promoters, fake brokers, and imposters are proliferating, so diligence is essential.

Grosskopf expects roughly ten strong years for the minerals sector on margins and mineral demand, while cautioning that speculative excess is visible.

Rick Rule's takeaways

  • Top takeaway Rule expects good times to continue after two strong years but warns the hot market is attracting frauds, fake brokers, and imposter accounts, including one posing as him on social media that he spends 10-15 minutes a week reporting.
  • He advises retail investors to hang up on cold calls from financial service providers and to do enough research that they always initiate contact themselves.
  • He says every public-company exhibitor at his July 6-10, 2026 Boca Raton symposium is held in his own accounts and vetted, and the event carries an unconditional money-back guarantee, with about one-tenth of one percent of fees refunded over 30 years.
  • He credits the late Murray Sinclair Sr., whom he calls the dean of Bay Street, with identifying Grosskopf as an up-and-coming investment banker in the early 1990s.
  • He frames the conference's pre-event interviews and free recordings of all sessions as the way attendees should prepare to allocate their time across four days and 70 issuers.

Eric Sprott's takeaways

  • Top takeaway Rule describes Eric Sprott as perhaps the quintessential individual investor, recalling his empathy for all investors, not just high-net-worth ones, during their overlapping years at Sprott.

Peter Grosskopf's takeaways

  • Top takeaway Grosskopf argues the resource sector has at least 10 good years ahead based on margins and the need for minerals, but says that after two hot years some speculative promotion has returned and it is definitely a time to be careful.
  • He argues retail investors are just as valuable as institutions, often stickier cycle-long holders who are free of index and protocol constraints, and SCP is building a US initiative to serve high-net-worth accredited investors.
  • He describes SCP as an investment dealer that filters global mining companies and projects for institutions and accredited retail investors across Canada, the US, Australia, and the UK, and says the firm invests in many of the deals it represents, disclosing those positions.
  • He positions SCP as a quality-over-quantity boutique that generates demand for corporate clients come rain or shine rather than relying on a hot sector, calling it the only boutique in the sector covering Australia, the UK, the US, and Canada.
  • His core advice for individual investors as of May 2026: do your own research to see through brokerage conflicts, back the best management teams and marquee investors, and vet promoters by checking who management associates with, since good management does not hang out with bad people.