Deep South Resources

Discussion in 'Penny Stocks' started by Rickydi, Mar 10, 2021.

  1. Rickydi

    Rickydi Member

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    TSX.V : DSM OTC: JAUGF http://www.deepsouthresources.com/

    100% copper working cap 7 million $ Drilling program started last month

    PEA of 1.1 billion $ IRR 40% at copper price of 4.00$

     
  2. Rickydi

    Rickydi Member

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    https://www.barchart.com/stocks/quotes/DSM.VN/overview

    Barchart Technical Opinion
    STRONG BUY

    The Barchart Technical Opinion rating is a 80% Buy with a Strengthening short term outlook on maintaining the current direction.

    Long term indicators fully support a continuation of the trend.

    Overall Average: 80%BUY
    Current Strength Strong

    Current Direction Strengthening

    Trend Spotter Bullish

    Medium Term Indicators & Long Term Indicators Average:100% BUY

    Major support level @ 0.202
     
  3. Dave Kraayeveld

    Dave Kraayeveld Active Member

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  4. Dave Kraayeveld

    Dave Kraayeveld Active Member

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    Responding since i cannot till I have someone to invite. As far as penny stocks go I say don't be a Henny Penny.
     
  5. Rickydi

    Rickydi Member

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    Citi's $4.50-$5.50 Per Pound Copper Price Call Highlights Base Metals Bull Market In 2021-2022
     
  6. Rickydi

    Rickydi Member

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    Analyst review
     
  7. Rickydi

    Rickydi Member

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    OTC JAUGF changed for DSMTF
    All papers filed 9 weeks ago to upgrade to OTCQB
     
  8. Rickydi

    Rickydi Member

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    CEO Pierre Léveillé Explain in details its flagship HAIB and what DSM will do with it

     
  9. Rickydi

    Rickydi Member

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    March 25, 2021 – Deep-South Resources Inc. (DSM.V) announces the initiation of coverage by Red Cloud Securities Inc. with a $2.00 target price

    The initiating coverage report can be found at the following link:

    Red Cloud Securities Inc (redcloudfs) is a registered Investment Dealer in all Canadian Provinces and Territories and is a member of the Investment Industry Organization of Canada (IIROC). Part of Red Cloud Securities Inc’s business is to connect mining companies with suitable investors.

    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. The recent preliminary economic assessment demonstrated that at a price of copper of $3.00 / lb, it generates an after-tax NPV of $950 million and an after-tax IRR of 30%. At $4.00 / lb, it generates an after-tax NPV of $1,650 million and an after-tax IRR of 42%.

    Deep-South growth strategy is to focus on the exploration and development of quality assets in significant mineralized trends and close to infrastructures in stable countries. Furthermore, in using and assessing environmental friendly technologies in the development of its copper project, Deep-South embraces the green revolution.
     
  10. Rickydi

    Rickydi Member

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    DSM has been moving since Red Cloud Securities initiated a buy on DSM with a target price of $2.00
    Red Cloud is a Bay Street investment broker focussing on the mining sector
     
  11. Rickydi

    Rickydi Member

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    V:DSM - Deep-South Resources Inc. - http://www.deepsouthresources.com
    Sym-X Bid - Ask Last Chg %Ch Vol $ Vol #Tr
    DSM - V 3.5 0.215 · 0.23 5.5 0.23 +0.025 12.2 1,691.8 384 279
    The redcloud effect
     
  12. Rickydi

    Rickydi Member

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    Proactive Investors report rated DSM as a BUY with a 0.67¢ target
    Red Cloud Securities initiated coverage with a buy and a $2.00 target price
     
  13. Rickydi

    Rickydi Member

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    Copper market update from Moody

    Strong fundamentals remain in place
    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.
     
  14. Rickydi

    Rickydi Member

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    Barchart Technical Opinion
    STRONG BUY
    The Barchart Technical Opinion rating is a 80% Buy with a Average short term outlook on maintaining the current direction.

    Long term indicators fully support a continuation of the trend.
     
  15. Rickydi

    Rickydi Member

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  16. Rickydi

    Rickydi Member

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    Business update from CEO

     
  17. Rickydi

    Rickydi Member

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  18. Rickydi

    Rickydi Member

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    At 4.00$ per pound of Copper Net After TAX NPV is 1,6 Billion $
    From website As of Feb 2021:
    Shares Issued and Outstanding 139,845,370
    Fully diluted 195,559,640 Market cap 42M based on FD # or 2.7% of NPV
     
  19. Rickydi

    Rickydi Member

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    Technical chart suggest DSM / DSMTF is a buy
    Volume is ok
    Copper price is going sideways
    This is the opportunity to buy the stock at a low price and benefit of the base metal bull market
     
  20. Rickydi

    Rickydi Member

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    Not far from a PR about drilling
     

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