DEEP SOUTH RESOURCES - OTC: DSMTF TSX.V: DSM

Discussion in 'Penny Stocks' started by Rickydi, Mar 16, 2021.

  1. Rickydi

    Rickydi Member

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    Pierre Lassonde: A "renaissance" is coming for this asset, demand will triple

    Kitco NewsMonday September 27, 2021 12:59

     
  2. Rickydi

    Rickydi Member

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    CEO interview
     
  3. Rickydi

    Rickydi Member

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    Ministry complaint

    renewal of its EPL (exclusive and prospecting licence) had been denied, citing the company's inability to advance the EPL to prefeasibility and complete the proposed drilling program as planned.

    DSM FACTS

    the Ministry was kept well apprised, with no objection on its part, of a proposed change from the prefeasibility study to an upgraded preliminary economic assessment (PEA) and commencement of a full feasibility study.

    The latter (FULL FEASIBILITY) was already started at the time of the refusal. Moreover, the Ministry issued all permits required for the drilling program and is well aware that Deep-South has completed the drilling program.
     
  4. Rickydi

    Rickydi Member

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    Source : Copperking102

    #DSM #DSMTF #DEEPSOUTH http://www.deepsouthresources.com/


    I suspect in the end there will be a settlement of some sort. Givin the timeline this project has been simmering, things in the mining space have changed. A decade or two ago, undeveloped countries were happy just to get investment in. Now, Africa, South America, also want an a $% of the project as they feel it's their country's resource. In reality, they're not wrong. Problem here was 10-15 years ago, that wasn't the deal. So right about now, as this thing has a real chance to blossom, the government hammer comes down to get their share. In Burkino-Faso, right up front they're 10% partners in any project being born. Let's cut them a deal and move on with our lives. Ultimately you still need to work with them so it's better to have them on your team!!
     
  5. Rickydi

    Rickydi Member

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    I think everyone in this mess needs to save face. The ministry, the courts, even the company. So the key here was bringing Ally Augula on board. If you read her bio she's very well connected and respected, thus could be the bridge in getting this situation resolved. Still needs a little time, most likely by year end. Could be a good opportunity to load up more shares as tax loss season is coming!
     
  6. Rickydi

    Rickydi Member

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    Ready to resume work
    https://www.deepsouthresources.com/

    The mission:

    Deep-South Resources is a mineral exploration and development company. Deep-South is actively involved in the acquisition, exploration and development of major mineral properties in Africa. Deep-South growth strategy is to focus on the exploration and development of quality assets, in significant mineralized trends, close to infrastructure, in stable countries.


    https://www.deepsouthresources.com/investors/news-releases/


    Deep-South appoints Ally Angula as director

    Mrs. Angula is a Namibian citizen and is a Chartered Accountant with extensive background in accounting and business management in Namibia. She is the principal founder of The CFO Namibia a Chartered Accountancy and Financial Advisory firm. She was previously Deputy Executive Director of the Ministry of Finance in Namibia and she was also engaged by the Ministry of Finance to reform Financial Reporting for the Government of Namibia. She also chairs the Audit and Risk Committees of the following Boards: Bank of Namibia (Namibia’s Reserve Bank). She has received awards and she is fellowship of the World Economic Forum Young Global Leader,


    Deep-South Appoints Dr Martinez Bellange as Special Advisor on Bio Leaching

    Dr. Patricio Martinez Bellange as a Special Advisor on bio assisted leaching and mining. Dr. Martinez was Director of Hydrometallurgical and Biotechnological Processes at CodelcoTech, a technological subsidiary of Codelco, the largest copper mining company in the world.



    Deep-South appoints the CSIRO of Australia to conduct the bio assisted heap leaching test work

    DSM has appointed the world-renowned Commonwealth Scientific and Industrial Research Organisation (“CSIRO”) to conduct bio-assisted heap leaching column test work, which is part of Deep-South’s recently announced metallurgical test work. METS Engineering Group (“METS”) of Australia has been appointed to supervise and overview the test work.


    Deep-South appoints Knight Piésold to produce scoping studies on the Haib Copper project in Namibia

    Deep-South Resources Inc.announced that it has appointed Knight Piésold Consulting to conduct scoping studies and assessments on the Haib Copper Project in Namibia. Knight Piésold has extensive experience in environmental, bulk water supply, power, and heap leaching projects in Namibia and Southern Africa.

    Deep-South appoints METS engineering of Australia to conduct metallurgical test work

    Established in 1988 by Damian Connelly, Mineral Engineering Technical Services (METS) has a reputation for providing quality service to the global mining industry. Based in Perth Australia. They have served clients all around the world from large companies such as Rio Tinto to exploration and development companies such as Deep-South Resources. They provide a comprehensive range of services including Mineral processing, engineering design and hydro metallurgy test work.
     
  7. Rickydi

    Rickydi Member

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    BARCHART OPINIONfor Fri, Oct 8th, 2021

    20 Day Moving Average................BUY
    20 - 50 Day MACD Oscillator........BUY
    50 Day Moving Average................BUY

     
  8. Rickydi

    Rickydi Member

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    V:#DSM - #DEEPSOUTH RESOURCES INC - http://www.deepsouthresources.com 09:39:24 EDT

    Symbol--Size-Bid---Bid ----- Ask-------Ask-Size---Last

    DSM – V-439.0------0.05-----0.055-----23.0--------0.055


    No filing at all from the Ministry
    I would be surprised if the Ministry even showup in court
    Ministry was well aware that DSM already started full feasibility study.
    Furthermore the Ministry issued a drilling permit to DSM and DSM had its drilling team at work on HAIB
    Not drilling was the 2nd reason for the Ministry to not renew the EPL
    Very simple The Ministry cannot win.

    While waiting for the conclusion DSM is actively seeking to add another copper play into DSM and in a safer jurisdiction
     
  9. Rickydi

    Rickydi Member

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    The market is about to start a bullish trend
    DSM ready to add a copper property to its portfolio
    V:#DSM - #DEEPSOUTH RESOURCES INC - http://www.deepsouthresources.com

    Symbol--Size-Bid---Bid ----- Ask----Ask-Size---Last

    DSM – V--365.0----0.05-----0.055-----1.0------0.055
     
  10. Rickydi

    Rickydi Member

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    Copper Bull Market
    BUY SIGNAL

    0-100Current Strength Maximum

    0-100Current Direction Strongest


    Copper spot price------October 15,07:59

    Bid------------Ask----------Change---------%-----Low---------High

    4.6808-----4.6826-----+0.1305------+2.87-----4.4865----4.6827
     

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