Deep South Resources

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

  1. rickydi

    rickydi Senior Investor

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    DSM will open soon

    Sym-X.................Bid Size........Bid -...........Ask......Ask Size......Last
    DSM - V...............150.0............0.07............0.07.......71.0.............0.065
     
  2. rickydi

    rickydi Senior Investor

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  3. rickydi

    rickydi Senior Investor

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    DEEP-SOUTH EXPECT TO RESUME TRADING ON TUESDAY APRIL 19, 2022

    Further to a discussion with the TSX Venture Exchange concerning the documents related to the acquisition of Zambian exploration licences announced on April 7, 2022, Deep-South Resources Inc. expects to resume trading on Tuesday, April 19, 2022.

    Deep-South has signed a definitive earn-in agreement with World Class Mineral Ventures Ltd. (WCMV) of Zambia to acquire up to 80 per cent of three copper exploration licences in the centre of the Zambian Copperbelt, one of the most prolific copper belts in the world.
     

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  4. rickydi

    rickydi Senior Investor

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    Deep-South to acquire up to 80% of three copper exploration licences in the heart of the Zambia copper belt

    Key facts summary

    The Luanshya West, Chililabombwe and Mpongwe projects prospectivity is based on the location of the subject property over the unconformable contact zone between basement granites and Lower Roan group sediments where most copper belt mines in both Zambia and the Democratic Republic of the Congo (the DRC) are located.

    Luanshya West project (LEL 23247) is situated in the centre of the Zambian Copperbelt and covers 5,423.26 hectares (54.24 square kilometres).

    This prospectivity is reinforced by a positive series of coincident soil geochemical anomalies over the contact zone.

    11 targets for strata-bound vein-hosted copper, lead, zinc, cobalt, nickel, silver and gold mineralization and one target for stratiform copper-cobalt mineralization.

    The historical geophysical survey and sampling results demonstrate potential to classify the project as one of merit

    The project area is close to established copper/cobalt mines, with the Nkana mine 30 kilometres north-east and the Luanshya mine 40 kilometres to the east from the centre of the project area.

    Chililabombwe project (LEL 23247) is situated in the north of the Zambia and covers 2,200 hectares (22.5 square kilometres)

    The project area is close to established copper/cobalt mines, with the Konkola mine 12 kilometres west and the Lubambe mine 30 kilometres to the northwest from the centre of the project area.

    Mpongwe project (LEL 23248) is situated in the centre of the Zambian Copperbelt and covers 67,500 hectares (675 square kilometres).

    The project area sits at 30 kilometres from the Luanshya West project (described above).

    More information about the projects and the planned programs will be disclosed after closing of the transaction.
    upload_2022-4-18_8-17-1.png



    Source: To read to complete Press Release

    https://www.deepsouthresources.com/...ences-in-the-heart-of-the-zambia-copper-belt/


     
  5. rickydi

    rickydi Senior Investor

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    Deep-South Resources Inc. will resume at 6:30 a.m. PT / 9:30 a.m. EST on Tuesday, April 19, 2022
    Strong opening is expected
     
  6. rickydi

    rickydi Senior Investor

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    https://www.tradingview.com/

    Deep South Resources DSM.V

    Oscillators…...........BUY…..0Sell…….9Neutral…2Buy

    Summary…………..STRONG BUY...0Sell..10Neutral..16Buy

    Moving Averages..STRONG BUY.....0Sell 1Neutral 14Buy
     
  7. rickydi

    rickydi Senior Investor

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    Barchart Technical Opinion......................DSM.V.................BUY

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

    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.

    TrendSpotter.....BUY
    20 Day Moving Average.....BUY
    20 - 50 Day MACD Oscillator.....BUY
    20 - 100 Day MACD Oscillator......BUY
    ........................20 - Day Average Volume: 453,602
    50 Day Moving Average..........BUY
    50 - 100 Day MACD Oscillator.....SELL
    50 - 150 Day MACD Oscillator.......HOLD
    .........................50 - Day Average Volume: 266,699
    100 Day Moving Average.........BUY
    150 Day Moving Average.........BUY
    200 Day Moving Average.........BUY
    ........................100 - Day Average Volume: 210,329
     
  8. rickydi

    rickydi Senior Investor

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    DSM - V ...1208.0.X.0.065....0.075.X.205.0 ...last.0.07...Volume....70.5
     
  9. rickydi

    rickydi Senior Investor

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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 88% Buy with a Average short term outlook on maintaining the current direction.

    Long term indicators fully support a continuation of the trend.

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

    Yesterday 80% BUY

    Last Week 40% BUY

    Last Month 64% SELL


    Snapshot Opinion is the Barchart Opinion from the prior trading session (yesterday), 1-week ago and 1-month ago.
    These statistics give you a sense of the Overall Opinion trend.
     
  10. rickydi

    rickydi Senior Investor

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    Renewal of the exploration license Haib Copper EPL 3140.

    THE MINISTRY OF MINES AND ENERGY OF NAMIBIA LATE TO FILE ITS DEFENSE AND SHALL FILE AT THE LATEST ON APRIL 29, 2022

    Vancouver B.C., 2022-04-27 08:48 ET - News Release summary

    Deep South Resources (TSXV: DSM)(OTCQB:DSMTF) reports that the legal counsel of the Ministry of Mines and Energy of Namibia ("Ministry") is late to file its defense affidavit and has requested an extension of 10 days to file its affidavit.

    Deep-South's legal counsel indicated that they would be amenable to an extension until April 29, 2022.

    Therefore, it is expected that the Ministry will file its defense on April 29, 2022 or at the latest on May 3, 2022.

    In terms of the current applicable court order Deep-South will have until May 13, 2022 to file its reply to the defense of the Ministry.

    The judge has also drawn the attention of the parties to the Part 6 of the Rules of High Court. Part 6 deals with sanctions for failure to comply with the rules, directions or court orders. Sanctions could be applied for failure to respect court orders.

    The Court will hold another hearing on May 18, 2022, to define the further procedures with regard to the review of the decision of the Minister to deny the renewal of the exploration license Haib Copper EPL 3140.

    View original content to download multimedia:https://www.prnewswire.com/news-rel...at-the-latest-on-april-29-2022-301534234.html
     

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