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
Highly Profitable Copper Project with Low Market Valuation Stock traded 9.5 million shares in 6 trading days
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
Copper bullmarket .....What the pro are saying https://www.mining.com/copper-supply-expected-to-move-into-deficit-in-2021-says-stonex/ StoneX, BMO, Reuters, Golmand Sachs, Bloomberg all saying demand for copper to exceed Supply Codelco sees copper demand rising, prices strong for 3-4 years Trafigura CEO expects 10mt copper supply deficit by 2030 https://www.mining.com/despite-price-wobbles-demand-to-push-copper/
https://www.deepsouthresources.com/wp-content/uploads/Company-Report_DSM_2021_Q1_final.pdf We initiate coverage of Deep-South Resources with a buy recommendation and a price target of $0.67, which is 252% above today’s stock price.
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.
https://seekingalpha.com/article/4407191-copper-price-call-highlights-base-metals-bull-market Citi's $4.50-$5.50 Per Pound Copper Price Call Highlights Base Metals Bull Market In 2021-2022 Fantastic for DSM.V
Deep South Resources change symbol for OTC from JAUGF to DSMTF All documents were filed 9 weeks ago to upgrade to OTCQB
Key players in DSM Management and TECK RESOURCES own 40% of all DSM shares issued Red Cloud https://www.redcloudfs.com/ actively involved with DSM
Copper price still above 4.00$ 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
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
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
Interesting comment about the copper market found on Kitco https://www.kitco.com/news/2021-03-...s-stable-and-Chinese-demand-remains-firm.html The ICSG say copper production is stable and Chinese demand remains firm (Kitco News)
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
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.
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!!!
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
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¢
