Deep South Resources

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

  1. rickydi

    rickydi Senior Investor

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    V:DSM - DEEP SOUTH RESOURCES INC - http://www.deepsouthresources.com 16:15:13 EDT
    Sym......Bid ......Ask........Last.......Chg..........Vol
    DSM ....0.07......0.075....0.075.....+0.015......1,506.4

    DSMTF .........................0.0571....+0.0121....158.6

     
  2. rickydi

    rickydi Senior Investor

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    V:DSM - DEEP SOUTH RESOURCES INC - 09:18:27 EDT
    Sym-X........Bid -.......Ask.........Last
    DSM - V....0.075....0.075........0.07
     
  3. rickydi

    rickydi Senior Investor

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    https://www.tradingview.com/symbols/TSXV-DSM/technicals/

    DEEP SOUTH RESOURCES INC......................#DSM TSXV................. #DSMTF...............Technical analysis

    Oscillators

    0Sell...9Neutral...2Buy

    Summary

    1Sell...10Neutral....15Buy

    Moving Averages

    1Sell....1Neutral.....13Buy
     
  4. rickydi

    rickydi Senior Investor

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  5. rickydi

    rickydi Senior Investor

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    Deep South Resources Inc (DSM.VN)

    Composite Indicator
    TrendSpotter BUY

    Short Term Indicators
    20 Day Moving Average BUY
    20 - 50 Day MACD Oscillator BUY

    Medium Term Indicators
    50 Day Moving Average BUY
     
  6. rickydi

    rickydi Senior Investor

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  7. rickydi

    rickydi Senior Investor

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    DEEP SOUTH RESOURCES INC - Technical Chart Buy Signal

    Simple Moving Avg (30) ——Simple Moving Avg (90) ——

    MA 30 cross MA 90 = buy signal



    upload_2021-10-28_14-15-44.png
     
  8. rickydi

    rickydi Senior Investor

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    V:DSM - DEEP SOUTH RESOURCES INC - http://www.deepsouthresources.com +28%

    10:35:50 EDT

    Sym-X ….Bid .... Ask......Last.....Chg……..Vol

    DSM .....0.085...0.09.....0.09….+0.02…...429.5
     
  9. rickydi

    rickydi Senior Investor

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    ORIGINAL: High Court of Namibia orders the Ministry of Mines to file further documents with the Court before November 11, 2021

    2021-11-02 10:30 ET - News Release

    VANCOUVER, BC, Nov. 2, 2021 /PRNewswire/ - Deep-South Resources Inc. ("Deep-South" or "the Company") (TSX-V: DSM) reports that at the Court hearing on October 28, 2021, the High Court of Namibia ordered the Ministry of Mines and Energy of Namibia ("Ministry") to complete its filing of the documents supporting the decision of the Minister to refuse the Haib Copper licence renewal before November 11, 2021. The Ministry proceeded with a first filing on October 21, 2021 but it was not complete and did not include any documents directly related to the decision of the Minister to deny the renewal of the Haib Copper licence.

    The Court will hold another hearing on November 11, 2021, to define the further procedures with regards to the review of the decision of the Minister.

    The Company will provide regular updates in this regard and any other matter concerning this situation.

    As disclosed in our press release dated June 16, 2021, the Company had received notice from the Ministry informing the Company that its application for the renewal of its EPL had been denied citing the Company's inability to advance the EPL to Pre-Feasibility and complete the proposed drilling program as planned. The Company maintains that the Ministry was kept well apprised, with no objection on their part, of a proposed change from the Pre-Feasibility study to an upgradedPreliminary Economic Assessment (PEA) and commencement of a full feasibility study. The latter was already started at the time of the refusal. Moreover, the Ministry issued all permits required for the drilling program and are well aware that Deep-South has completed the drilling program.

    As a result of the Minister's refusal to renew the Licence, the Company terminated all work on site and proceeded with the retrenchment of its employees on site.

    The Company is vigorously contesting the decision by all means necessary and available under the Minerals (Prospecting and Mining) Act (the "Act") and other applicable laws of Namibia. In its application for renewal and subsequent representations made to the Ministry, the Company maintains that it clearly demonstrated having met all criteria under the Act to justify the renewal of its Licence.
     
  10. rickydi

    rickydi Senior Investor

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    #DSM.V Barchart Opinion INDICATOR

    TrendSpotter...BUY

    20 Day Moving Average...............BUY

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

    20 - 100 Day MACD Oscillator....BUY

    50 Day Moving Average................BUY

    100 Day Moving Average.............BUY

    100 - Day Average Volume: ........902,415
     

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