Copper play DSM.V

Discussion in 'Canadian Stocks Message Boards' started by Rickydi, Feb 18, 2021.

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  1. Rickydi

    Rickydi Member

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    FULLY FUNDED & 100% COPPER

    https://www.deepsouthresources.com/

    Mine location :
    Namibia

    Haib is one of the oldest porphyry deposit in the world. DSM recently disclosed a PEA over the deposit @ a price of $3.00 /lb. NPV $950 million & After-Tax IRR 30%

    https://miningdataonline.com/property/3340/Haib-Copper-Project.aspx

    Size of open pit 2200 X 1250 X 400 meters which represent 1300 million tons of mineralized rocks

    Drilling program in progress

    Existing resources are open on surface and at depth. Historical drilling hit copper mineralization at depths of over 800 metres.

    Barchart Technical Opinion DSM is a STRONG BUY

    https://www.barchart.com/futures/quotes/HGK21/overview COMEX Copper Future May 2021

    BUY SIGNAL 100% buy

    The Barchart Trading Guide is a Buy Signal with a Maximum Signal Strength

    0 – 100 % Current Strength Top1% Maximum
    0 - 100 % Current Direction Top1% Strongest
     
  2. Rickydi

    Rickydi Member

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    Highly Profitable Copper Project with Low Market Valuation



    Stock traded 9.5 million shares in 6 trading days
     
    #2 Rickydi, Feb 20, 2021
    Last edited by a moderator: Feb 20, 2021
  3. Rickydi

    Rickydi Member

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    Copper price feb 23 2021
    Bid/Ask 4.1312 - 4.1324
    Change +0.0595 +1.46%
    PEA updated using a $3.00 per pound
    NPV was 950 Million and After tax IRR was 30%
    Now copper price 38% higher and DSM is doing an infill drilling + drilling high grade zone
    This lead to believe the property will be in the market for sale
     
  4. Rickydi

    Rickydi Member

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    Stock analyst discuss DSM.V Cu price above $4.00/pound NPV 1.1B$ After tax IRR 40%

     
  5. Rickydi

    Rickydi Member

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  6. Rickydi

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  7. Rickydi

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    Interview with Deep-South Resources CEO Reveals Massive Potential in Copper Space - Smallcaps Investment Research
    January 23, 2021
    CEO highlights the results of a recently updated PEA for Haib that shows an after-tax NPV of US $1.3 billion and an after tax IRR of 42.1% at a copper price of $3.50 per lb. Of note, the current market capitalization of Deep-South Resources is only 1.8% of this NPV. Moreover, there’s a very realistic potential to expand Haib’s resource. At the moment, the resource has been estimated from surface to 350 meters deep, while some holes that were drilled as deep as 800 meters, still show copper mineralization.
     
  8. Rickydi

    Rickydi Member

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  9. Rickydi

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    Deep South Resources change symbol for OTC from JAUGF to DSMTF
    All documents were filed 9 weeks ago to upgrade to OTCQB
     
  10. Rickydi

    Rickydi Member

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    Key players in DSM
    Management and TECK RESOURCES own 40% of all DSM shares issued
    Red Cloud https://www.redcloudfs.com/ actively involved with DSM
     
  11. Rickydi

    Rickydi Member

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    Copper price still above 4.00$ a pound
    Analyst community still tell Cu market is in a bullmarket
    DSM had a dip at 0.185-0.19¢ form 0.24-25¢
    It is the time to have a closer look for trend reversal
     
  12. Rickydi

    Rickydi Member

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    Copper March 22,11:19
    Bid/Ask 4.1217 - 4.1235 (source kitcometals.com)
    Copper still in bullmarket cycle
    DSM corrected by 25%
    Stock is consolidating at 0.185-.019¢
    This maybe a good opportunity
     
  13. Rickydi

    Rickydi Member

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    DSM is 100% copper
    Infill drilling flagship HAIB
    Working cap 7 million $
    Copper price still above 4$ a pound
    Share price corrected by 25%
    Opportunity to buy cheap now
     
  14. Rickydi

    Rickydi Member

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  15. Rickydi

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    FYI redcloudfs the mining power house in Toronto , Canada initiated coverage of DSM with a $2.00 target price
    This new report can be found on redcloudfs website
     
  16. Rickydi

    Rickydi Member

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    I spoke with DSM IR
    We should have a PR to update shareholders on the drilling program
    DSM is drilling high grade areas never drill before
    DSM will test depth of deposit down to 850m
    Past drilling programs were down to 350m
    I guess there is more upside left.
     
  17. Rickydi

    Rickydi Member

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    PERSONNAL OPINION

    When Goldman Sachs, Morgan Stanley, BoA, BMO, TD, CIBC ....etc
    Talk about a base metal bullmarket you have to believe.

    China and Asia as well are the main consumers of Cu & Ni

    Many analyst talks about the EV revolution that already started. This is a game changer to benefit those entire small cap mid cap and large cap exploring and exploiting base metals.

    DSM.V is a pure copper play, well funded and supported by TECK and Red Cloud
    PEA was updated recently, infill drilling is undergoing with the end result of increasing total value of the property.

    Will DSM go as far as doing a production start-up; I don't think so.
    If you look at HAIB location, proximity to a seaport and proximity to China, it would make sense to sell the property.

    Now the real question is will Chinese pay 100 million $+ for HAIB or will they buyout the stock
    Market cap is only 20 million $ approx.

    I think the answer is obvious!!!
     
  18. Rickydi

    Rickydi Member

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    Friday march 26,2020
    volume 1,691,800
    Last trade 0.23¢ +0.025¢
     
  19. Rickydi

    Rickydi Member

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    The copper market fundamental is still intact and very positive for DSM
    The stock price is finding a good support around the 0.20¢ level and the uptrend will resume.
    Next target price 0.40¢
    Good luck to all
     
  20. Rickydi

    Rickydi Member

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    Early next week with should have an update for the drilling programthat started several weeks ago
    I was told that accredited laboratories were faster to deliver results to clients as they don't have the same contingencies as we do have in Canada
    DSM have a good support @ 0.20-0.22¢
     

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