OTCWagon Initiates Coverage on Breakout Company: Deep South Resources (DSM)
The Deep-South growth strategy is to focus on the exploration and development of quality assets, in significant mineralized trends, close to infrastructure, in stable countries. Furthermore, in using and assessing environmental friendly technologies in the development of their copper project, Deep-South embraces the green revolution.
Deep-South holds 100% of the Haib Copper deposit in the south of Namibia. Haib is arguably the oldest porphyry deposit in the world and one of the largest in Africa. Deep-South recently disclose a PEA over the deposit and 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%.
OTCWagon is excited to bring Deep South Resources (DSM) to our saavy investment community. We believe that Deep South Resources (DSM) can easily hit $0.38-0.42 in the next 30-45 days.
The ONLY question left is: WHAT ARE YOU WAITING FOR?
John - IT Staff