Koryx Copper Inc. V.KRY

Redcloudfs target price of $2.00

[Yepnewpapy]

https://www.redcloudfs.com/investor-home/

Deep-South Resources Inc. (TSXV:DSM) – Deep Value in a Copper Porphyry in Namibia

We are initiating coverage on Deep-South Resources Inc. with a BUY rating and C$2.00 target price. With a large, sulfide Cu porphyry deposit, estimated to contain 5.3B lb of I&I resources and likely to grow further, and substantial ownership from insiders and Teck Resources Ltd. (TSX:TECK.B, Not Covered) we believe Deep-South provides investors a copper play with great value and substantial upside. With a strong balance sheet, exceptional economics highlighted by a PEA completed on the project and an ongoing definition drilling program that is expected to unlock higher-grades and significantly improve the economics of the project, we look forward to the advancement of the 100%-owned Haib porphyry copper project to the next stage of its development.
March 25, 2021  7:34 am

[juniorbullalive]

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[aogoogs]

Don't think I can agree with this. DSM is the most undervalued stock I have come across. It currently has 450Mt of indicated with 350Mt inferred and 5 additional satellites to explore. Plus low Capex startup and and great IRR over 40% at today's copper price. Looking for 5-10x and trying to figure out how I can buy more.

[juniorbullalive]

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[Yepnewpapy]

Most answers are on the website     https://www.deepsouthresources.com/ CAPEX 191.8m $ Exploitation is open pit Haib is on the main road to South Africa near the property DSM have access to poer line, water and railroad and a sea port to ship  the concentrate to China Knowing Chinese business attitute, Chaina would buy the property and keep all profits for themselves

[aogoogs]

Yes it will be an open pit mine. Nearby power with a study this year on the impact that adding solar might have on reducing power costs. Nearby transport infrasturcture. Besides those costs are taken into account in the PEA which has a capex to start of ~$350 million and a NPV post tax of $1.6 billion. All for a company that still has a market cap under $30 million and massive potential resource

[juniorbullalive]

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[Yepnewpapy]

All answers ...ALL answers to your questions  VISIT: https://www.deepsouthresources.com/ TAB : Haib Copper Summary Enjoy !

[Yepnewpapy]

https://www.deepsouthresources.com/ TAB: Haib Copper Summary Scroll down    Capex 191.8 million $

[Yepnewpapy]

The deposit hosts a 43-101 an indicated resource of 456.9 MT @ 0.31% Cu equal to 3.12 billion lbs of copper and an inferred resource of 342.4 MT @ 0.29% Cu equal to 2.19 billion lbs of copper at a cut off grade of 0.25% Cu. The resource estimation has been completed by P & E Walker consultancy and Obsidian Consulting Services, both of South