https://www.deepsouthresources.com/ Latest corporate presentation : https://www.deepsouthresources.com/...eille-s-Personal-Room-2020-11-10-10-20-20.mp4 WORLD CLASS DEPOSIT 43-101 RESOURCE ………. 5.3 BILLION POUNDS OF Cu Cu….. U.S. price…….. 3.08$+ per pound Recently raised 2.4 millions $ Teck owns 28% of the company Insiders bought stock recently
DSM working cap 7 million$ Highly Profitable Copper Project with Low Market Valuation https://youtu.be/jaAxVmpiLHA Complete report https://ca.proactiveinvestors.com/companies/news/938684/highly-profitable-copper-project-with-low-market-valuation-938684.html/long
New PR From DSM.....property will be on the market for sale https://www.stockwatch.com/News/Item?bid=Z-C:DSM-3037965&symbol=DSM®ion=C Key facts Vancouver, B.C., Canada – TheNewswire - February 25, 2021 – Deep-South Resources Inc. (" Deep-South " or “ the Company ") (TSXVSM) announces that it has appointed the MSA Group of South Africa to produce an updated National Instrument (“NI”) 43-101 resource estimation for the Company’s 100%-owned advanced Haib copper project located in the south of Namibia. The report will follow the completion of the current drilling program. With the backdrop of a strong copper price, we are highly optimistic for the coming years that Haib will garner additional interest from investors and other interested parties.” (Current Cu price $4.19-4.20 /lb source kitco metal) The mandate of MSA includes site visits to verify data collection, quality assurance and controls, develop a structural geological model in collaboration with Deep-South’s geological team, assess the presence of domains and model these domains in three dimensions, complete a geostatistical study for each domain and issue an updated NI 43-101 resource estimation. About MSA The MSA Group is a leading provider of exploration, geology, mineral resource and reserve estimation, mining and environmental consulting services to the mining industry. Established in 1983, MSA has serviced its international client base in more than 40 countries. About Deep-South Resources Inc. Deep-South Resources is a mineral exploration and development company. Deep-South holds 100% of the Haib Copper deposit in the south of Namibia. Haib is one of the largest undeveloped copper deposits in Africa. At $4.00 / lb, PEA estimate it generates an after-tax NPV of $1,650 million and an after-tax IRR of 42%.
https://www.barchart.com/stocks/quotes/DSM.VN/overview Barchart Technical Opinion STRONG BUY The Barchart Technical Opinion rating is a 100% Buy with a Strongest short term outlook on maintaining the current direction. Long term indicators fully support a continuation of the trend. Overall Average: 100%BUY Overall Average Signal calculated from all 13 indicators. Signal Strength is a long-term measurement of the historical strength of the Signal, while Signal Direction is a short-term (3-Day) measurement of the movement of the Signal. 0 – 100 Current Strength Maximum 0 – 100 Current Direction Strongest · Strength & Direction Composite Indicator TrendSpotter BUY Short Term Indicators 20 Day Moving Average BUY 20 - 50 Day MACD Oscillator BUY 20 - 100 Day MACD Oscillator BUY 20 - 200 Day MACD Oscillator BUY 20 - Day Average Volume: 733,095 Average: 100% BUY Medium Term Indicators 50 Day Moving Average BUY 50 - 100 Day MACD Oscillator BUY 50 - 150 Day MACD Oscillator BUY 50 - 200 Day MACD Oscillator BUY 50 - Day Average Volume: 540,442 Average: 100% BUY Long Term Indicators 100 Day Moving Average BUY 150 Day Moving Average BUY 200 Day Moving Average BUY 100 - 200 Day MACD Oscillator BUY 100 - Day Average Volume: 426,032 Average: 100% BUY
https://richmondclub.com/deep_south_resources_inc-_-_copper_in_namibia/ Company: Deep-South Resources Inc. CEO: Pierre Leveille, CEO Symbol:DSM:V OTC DSMTF
We (redcloudfs.com) are initiating coverage on Deep-South Resources Inc. with a BUY rating and C$2.00 target price. With a large, sulfide Cu porphyry deposit, estimated to contain 5.3B lb of I&I resources and likely to grow further, and substantial ownership from insiders and Teck Resources Ltd. (TSX:TECK.B, Not Covered) we believe Deep-South provides investors a copper play with great value and substantial upside. With a strong balance sheet, exceptional economics highlighted by a PEA completed on the project and an ongoing definition drilling program that is expected to unlock higher-grades and significantly improve the economics of the project, we look forward to the advancement of the 100%-owned Haib porphyry copper project to the next stage of its development.
Copper market fundamental has not changed Proximity of Namibia with China make DSM the perfect candidate for a buy out For a Chinese company it is cheaper to do a takeover instead of buying Haib
From mining.com Strong fundamentals remain in place poisitive for DSM.V In a recent note Moody Investor Service said prices will ease from the January highs during 2021-22 as supply normalizes through 2021, in particular in large producing countries such as Chile and Peru, which together account for about 40% of world copper production. The market will remain tight over the next six to 12 months, with new supply delayed because lockdowns and mobility restrictions last year led copper producers to suspend projects in progress. Industrial activity and infrastructure investment, as well as economic recovery in developed countries that are large users of copper, such as Japan, the US, and the EU and the UK will also buoy prices: We see long-term demand fundamentals as positive, based on infrastructure investments and an ongoing gradual shift toward electric vehicles. Incremental supply coming from greenfield projects remains limited, while some brownfield expansions will only replace depleting reserves, rather than adding to overall capacity, which supports long-term copper prices.
