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Bullboard - Stock Discussion Forum Ares Strategic Mining Inc C.ARS

Alternate Symbol(s):  ARSMF

Ares Strategic Mining Inc., a junior natural resource mining company, engages in the acquisition, exploration, and development of fluorspar projects. It focuses on the exploitation, production, and supply of metspar and acidspar. The company’s flagship property is the 100% owned Lost Sheep Fluoride Mine that consists of 353 claims, covering an area of approximately 5,982 acres, located in... see more

Bullboard (CSE:ARS)

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Post by mjh9413on Feb 05, 2026 5:09pm

Better late than never??

So, about $34+MM in various loans and $13MM in restricted cash last qtr's report.  $28MM of loans due payable in one year, so in 2026, possibly into 2027 Lumps Manufacturing Facility involves ...more  
Comment by mjh9413on Jan 21, 2026 2:35pm

RE:RE:RE:RE:RE:RE:RE:RE:DOD contract

Oh, I forgot...what will capital costs be before mine operational and, more so,once it is up and running. Mgmt won't answer my enquiries on this data...not a good sign.
Comment by mjh9413on Jan 21, 2026 2:32pm

RE:RE:RE:RE:RE:RE:RE:DOD contract

Time? How about quantity? $170MM divided by $500 (current price of fluorspar is a heck of a lot of tonnage even if over years and anyone know what they MIGHT produce in year one, two, and so on, (and ...more  
Post by opsd1on Jan 20, 2026 10:01am

Huge contract worth more than current market cap!

$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
Comment by nextimeon Jan 19, 2026 12:15pm

RE:RE:RE:RE:RE:RE:DOD contract

Less likely to have class action lawsuits this way. Whether the value comes now or in the near future, I have time. GLTA
Comment by mjh9413on Jan 18, 2026 3:38pm

RE:RE:RE:RE:RE:DOD contract

Thanks to twoposters for their responses. I see the difficulyies noted with regard to tonnage/timeline BUT they have been at this for over 5 y5ears now (yes?) and I would expect it to be a little ...more  
Comment by nextimeon Jan 18, 2026 10:52am

RE:RE:RE:RE:DOD contract

At this point, tonnage per year is limited by mining rate not plant size. Guess mining rate is 1/3ish of plant capabilities.
Comment by nextimeon Jan 17, 2026 8:30am

RE:RE:RE:DOD contract

Lumps plant should be starting now.  Direct ship ore. DSO quantity unknown.   Floatation plant, way out there, they are never an easy startup. The chemistry of the ore like all ores is a bit ...more  
Comment by mjh9413on Jan 16, 2026 9:04am

RE:RE:DOD contract

Any long time follower able to answer the question " ...anyone tell me when mine is meant to come into production (the website currently states 'within a few months) and what rates of ...more  
Comment by mjh9413on Jan 15, 2026 1:31am

RE:DOD contract

Thanks for that. I bought for first time just based on Dec 5th NR but admit to not doing real review of Company's mine plan. The docs from the DoD site are not specific undertakings for purchase ...more  
Post by nextimeon Jan 14, 2026 10:19pm

DOD contract

DOD contract  https://sam.gov/workspace/contract/opp/222ce0953cb54d668054a02c1c0d8036/view Acid Grade Fluorspar (Acidspar) IDIQ Active Opportunity  ...more