Deep South Resources

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

  1. rickydi

    rickydi Senior Investor

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    Feb 23, 2023 it the last date allow by Namibia law.
    I think itS wise for the judge to take these extra days.
    The jusge is reading the newspaper and found out about the scam at the Ministry of Mines.
    Will the Minister try to save face prior judgement day ????
    Regardless of that Judgement from the Court have a high probability (99%) to be in favor of DSM.

    https://www.namibian.com.na/117387/read/Shivolo-ousted-as-mining-commissioner
    https://www.namibian.com.na/117375/read/The-N$50m-lithium-mine-heist

    0.035¢ is a good support price

     
    Last edited: Nov 25, 2022
  2. rickydi

    rickydi Senior Investor

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    OLD INFO:
    DSM deposited with hte judge 3,500 pages of documents regarding HAIB
    Ministry of Mines deposited 1,000 pages part of those deposited by DSM

    NEW INFO:
    Namibia Minister of Mines Adviser SCAM discovered
    https://www.namibian.com.na/117617/read/Lithium-group-hijacked-copper-mining-licence

    The judge postpone is written judgement to analyze the new facts and he is awaiting if anti-corruption commission will to rial the scammers

    Question:
    What is the probability for the Minister Of Mines to restore EPL 3140 to DSM
    Maybe he will as a proof that he was not part of the SCAM

    DSM Namibian advisers to meet with the Ministry soon
     
  3. rickydi

    rickydi Senior Investor

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  4. rickydi

    rickydi Senior Investor

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  5. rickydi

    rickydi Senior Investor

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    Technical analysis DSM.V

    Summary Buy
    Sell 3 Neutral 10 Buy 13

    Oscillators Buy
    Sel 0 Neutral 9 Buy 2

    Moving Averages Strong Buy
    Sell 3 Neutral 1 Buy 11
     
  6. rickydi

    rickydi Senior Investor

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    Joyeux Noël........Merry Christmas..........Buon Natale,,,,,,,,,,, Buon Natale ............Noël ak jamm
    Fröhliche Weihnachten .............Feliz Navida,,,,,,,God Jul............Boas Festas

    260 Drone Home Christmas Light Show!

     
  7. rickydi

    rickydi Senior Investor

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    https://www.barchart.com/stocks/quotes/DSM.VN/interactive-chart 2 years chart

    Price 25 feb 2021 : 0.245 Pre licence hijack
    Price 23 june 2021 : 0.054 Post licence hijack
    Price 23 February 2023 : JUDGEMENT DAY ????


    Trend Seeker® BUY

    https://www.namibian.com.na/6225439/archive-read/Lithium-group-hijacked-copper-mining-licence

    Lithium group 'hijacked' copper mining licence

    The licence in question belonged to Haib Minerals (Pty) Ltd, a subsidiary of Canadian-listed company Deep-South Resources Inc, which claims to have spent around 17 years prospecting for copper near Noordoewer in the Kharas region.

    However, the Ministry of Mines and Energy stripped them of the mining rights and attempted to shifted the exploration licence (EPL) to Orange River Mining – a company belonging to mining speculator Peter Shifwaku.

    Shifwaku's cousin is Mu-yamba, who was Alweendo's technical assistant

    Deep-South Resources Inc. (TSX-V: DSM OTCQB: DSMTF) The High Court of Namibia has postponed the verdict in the case to February 23, 2023
     
  8. rickydi

    rickydi Senior Investor

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    New PR
    Deep-South completes soil sampling in Zambia

    2023-01-09 13:30 ET - News Release

    DEEP-SOUTH HAS COMPLETED A SOIL SAMPLING PROGRAMME ON 2 OF THE ZAMBIAN PROJECTS

    Deep-South Resources Inc. has completed the soil sampling program on the Luanshya West project and on the Chililabombwe project. The program on the Mpongwe project has been postponed to 2023 due to difficult weather.

    The program completed:

    Luanshya West Project (licence 23246):

    1980 soil samples have been delivered to the laboratory for assays. The samples were collected on a regional grid of 500 x 100 and an infill grid of 100 x 100 metres. The program covered 3 targets where 5 large anomalies have been identified from soil sampling and geophysical survey results compiled by Teal in 2009. Assay results are expected during the month of January 2023 and will be disclosed to our shareholders in due course.

    The licence is situated in the center of the Zambian Copper belt and covers 5,423.26 hectares (54.24 Sq. Km). The project area is close to established copper / cobalt mines with Chibuluma South mine some 10 kms north-east of the project area; Chambishi mine 41Km north-northeast, N'changa mine 53Km north-northwest and Luanshya mine some 40Km east-southeast from the centre of the project area.

    A National Instrument 43-101 Standards of Disclosure for Mineral Projects ("43-101") compliant technical qualifying report is available on SEDAR at www.sedar.com under Deep-South's profile or on the Company's web site: www.deepsouthresources.com

    Chililabombwe Project (licence 23247):

    124 soil samples have been delivered to the laboratory for assays. The samples were collected on a regional grid of 500 x 100 metres. Assay results are expected during the month of January 2023 and will be disclosed to our shareholders in due course.

    In this particular area, due to their abundance, termite mounds will be sampled rather than digging sample holes. This is because termites bring material to the surface from considerable depth and therefore sample at a greater depth than a regular soil sample.

    The licence is situated in the north of the Zambia Copper belt near the DRC border. The Large Exploration Licence covers 2,200 hectares (22.5 Sq, Km). The project is situated within 10 km of the Konkola Copper mine, one of the largest integrated copper mines in Zambia.

    Mpongwe Project (licence 23248). The program on this licence has been postponed to 2023 due to difficult weather. The program will resume when weather allows and when the area is dry enough to enable sample collection. This licence is situated on the southern side of the Zambian Copper belt. The Large Exploration Licence covers 67,500 hectares (675 Sq. Km).

    No Mineral Resources have been estimated on these projects as they have not demonstrated economic viability at this stage . The historical geophysical survey and sampling results demonstrate potential to classify the Luanshya West project as one of merit but are considered too speculative geologically to complete a NI 43-101 compliant resource estimation at this time and it is uncertain that those historic results will be converted into minerals resources.

    Qualified Person

    Vivian Suart-Willams MSc (Hons.) Pr.Sci.Nat., Vice-President Exploration of Deep-South Resources, has reviewed the technical content of this presentation, and is the designated Qualified Person under the terms of National Instrument 43-101. Mr. Stuart-Williams is responsible for the technical part of this press release.
     
  9. rickydi

    rickydi Senior Investor

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    DSM - V
    Bid Size-----Bid.......Ask----Ask Size.....Last
    920.0--------0.04-----0.05------358.0------0.045
     
  10. rickydi

    rickydi Senior Investor

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

    Overall Average:40% BUY

    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.

    16% BUY Yesterday
    48% SELL Last week

    56% SELL last motnh

    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.
     

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