Deep South Resources

Discussion in 'Penny Stocks' started by rickydi, Mar 14, 2021.

  1. rickydi

    rickydi Senior Investor

    Joined:
    Nov 2020
    Posts:
    529
    Likes Received:
    0
    Strong bid @ 0.055¢
    Join with us
     
  2. rickydi

    rickydi Senior Investor

    Joined:
    Nov 2020
    Posts:
    529
    Likes Received:
    0
    DSM is a clean shell with $$ left in working cap
    While DSM is working to recover HAIB, the BoD is very very very active acquiring another copper property in a safer jurisdiction.

    When DSM issue a PR about the acquisition a new bull trend will begin.
    Key players like TECK and RED CLOUDS will be more vocal.

    Right now accumulation @0.055 / 0.06¢ is excellent
    I hope you noticed that sellers are no longer agreesive which is a good sign that we are at the bottom, ready for an up move
     
  3. rickydi

    rickydi Senior Investor

    Joined:
    Nov 2020
    Posts:
    529
    Likes Received:
    0
    #DSM #DSMTF #BUY #COPPER #ACQUISITION #DSM.
    .BidSize...Bid price .... Ask Size ...Ask Price......Last
    161.0.......0.06.............110.0..........0.065...........0.065

    JOIN US ON THE BID @ 0.06¢
     
  4. rickydi

    rickydi Senior Investor

    Joined:
    Nov 2020
    Posts:
    529
    Likes Received:
    0
    https://www.barchart.com/stocks/quotes/DSM.VN/opinion improve outlook

    20 Day Moving AverageBUY

    20 - Day Average Volume: 159,348

    50 Day Moving AverageBUY

    50 - 100 Day MACD OscillatorBUY

    50 - Day Average Volume: 173,596

    100 Day Moving AverageBUY

    100 - Day Average Volume: 228,781
     
  5. rickydi

    rickydi Senior Investor

    Joined:
    Nov 2020
    Posts:
    529
    Likes Received:
    0
    NewTSX.V is down
    Small Cap trade near 52 week Low
    We are near capitulation
    These are all the right ingredients for stock bottom fishing
     
  6. rickydi

    rickydi Senior Investor

    Joined:
    Nov 2020
    Posts:
    529
    Likes Received:
    0


    Copper Mining in Namibia with Pierre Leveille, CEO of Deep-South Resources


    Pierre has a background in investment and mining exploration and has been heavily involved in the mining industry in Namibia over the past 25 years. He has a wealth of knowledge and understanding of the country, what it is like as a mining jurisdiction, and tells us more about Deep South Resources.
     
  7. rickydi

    rickydi Senior Investor

    Joined:
    Nov 2020
    Posts:
    529
    Likes Received:
    0


    Thanks for sharing the link. Pierre sounds very optimistic on getting the license reinstated, plus a new project in Zambia it's a done deal. Let's keep our fingers crossed, Pierre's 18 months share price outlook it's 3 to 5 times higher than current share price. All and all great news. Good luck to all shareholders here.
     
  8. rickydi

    rickydi Senior Investor

    Joined:
    Nov 2020
    Posts:
    529
    Likes Received:
    0
    CEO interview
    Comment from a stockholder

    So Zambia has a pretty good history of mining built over the years. Copper Nickel etc has been the metal most prominent for export. The area is rich in grade, lots of projects built but when the prices dropped in the 90's lots of projects quickly became uneconomical. So, if these guys are on to something that was doing ok, prior to the collapse, things might end up being very positive.
     
  9. rickydi

    rickydi Senior Investor

    Joined:
    Nov 2020
    Posts:
    529
    Likes Received:
    0
    MANAGEMENT DISCUSSION AND ANALYSIS SUMMARY
    FOR THE THREE MONTHS ENDED NOVEMBER 30, 2021
    REPORT DATE January 31, 2022


    SHARE CAPITAL The authorized share capital is unlimited common shares without par value.

    As of the date of this MD&A the Company has issued and outstanding common shares as follows.

    (a) Common No par value Unlimited 146,334,700

    (b) As at the date of the MD&A the Company has 12,515,000 incentive stock options.

    (c) As at the date of the MD&A the Company has 44,714,137 outstanding share purchase warrants.

    FINANCIAL INSTRUMENTS AND RISK MANAGEMENT The fair values of amounts receivable and accounts payable and accrued liabilities approximate their fair values due to the short-term nature of these instruments.

    November 30, 2021……………August 31, 2021
    Cash………..$1,922,685………. .2,307,138
    Liabilities........$95,572…………...194,306
     
  10. rickydi

    rickydi Senior Investor

    Joined:
    Nov 2020
    Posts:
    529
    Likes Received:
    0
    https://www.kitco.com/news/2022-02-...-Fed-prepares-to-tighten-monetary-policy.html

    While Scotiabank is relatively neutral on gold at the start of the new year, they are extremely bullish on industrial metals, particularly copper. Desormeaux said that he sees copper prices well supported around $5 a pound for at least the next three years.

    "In the next couple of years, we expect the global recovery to keep values of the bellwether red metal strong, with supply disruptions via Latin American geopolitical developments likely to provide additional pricing support," he said. "Over the longer-run, we assume that strong demand growth will come via global decarbonization efforts—copper is expected to be a key input for battery production and climate infrastructure construction."
     

Share This Page