u/Other_Estimate229

Found Industries just signed an MOU with ARES Strategic Mining to recover gallium + germanium from the only permitted fluorspar mine in the US.
The grade that matters:

Global gallium recovery averages 10-50 ppm. Lost Sheep Mine is showing hundreds of ppm. That’s not a byproduct. That’s a primary deposit.
Found’s CEO said publicly:

“ARES controls one of the unique domestic assets with the right combination of permitting position, critical mineral relevance and multi-metal upside.”
Why now:
• China controls 98% of global gallium
• US retail gallium price: $2,269/kg — up 200% since 2024
• China export suspension expires November 2026
• Massachusetts government funding the evaluation

Tickers: OTC: ARSMF / CSE: ARS
Price: ~$0.29 USD and moving today
Risks: MOU not a production agreement yet. Pre-revenue. Thin volume.
Not financial advice. I am long Ares Strategic Mining 🦅

Found Industries just signed an MOU with ARES Strategic Mining to recover gallium + germanium from the only permitted fluorspar mine in the US.
The grade that matters:
Global gallium recovery averages 10-50 ppm. Lost Sheep Mine is showing hundreds of ppm. That’s not a byproduct. That’s a primary deposit.

Found’s CEO said publicly:

“ARES controls one of the unique domestic assets with the right combination of permitting position, critical mineral relevance and multi-metal upside.”

Why now:
• China controls 98% of global gallium
• US retail gallium price: $2,269/kg — up 200% since 2024
• China export suspension expires November 2026
• Massachusetts government funding the evaluation
Tickers: OTC: ARSMF / CSE: ARS
Price: ~$0.29 USD and moving today
.
Not financial advice. I am long Ares Strategic Mining Due Diligence 🦅

Been following this one for a while. Today was an information avalanche so figured I’d compile it all.

What they do:
Ares owns the ONLY permitted fluorspar mine in the United States — the Lost Sheep Mine in Utah. Fluorspar is a critical mineral 100% imported into the US, mostly from Mexico. They hold a $169M DoD IDIQ contract as the sole domestic supplier.
What dropped TODAY:
🏭 Plant commissioning underway RIGHT NOW
Official shareholder newsletter confirmed: electrical complete, MCC systems complete, conveyor belts fitted, actively testing each subsection. Quote: “on track to sell product this year.”
⚗️ Gallium MOU signed with Found Industries
Ares signed an MOU to evaluate gallium and germanium recovery from Lost Sheep feedstocks. No domestic primary gallium has been produced in the US since 1987. China controls 98% of global supply and has been restricting exports. Current US retail gallium price: $2,269/kg.
⛏️ 29% land expansion — essentially free
Settled a claim dispute with Hinkinite Resources. Acquired 101 additional mining claims for $77,878 cash + 170,887 shares (negligible dilution). Land position expanded from 353 claims/5,982 acres to 454 claims/7,700+ acres. Also received proprietary geological data.
📈 NASDAQ uplisting signalled
New IR team hired specifically targeting institutional and family office investors. CEO Walker quoted today: “strengthens our position as we advance towards our application for a potential NASDAQ uplisting.”
The macro catalyst nobody is talking about:
Trump’s Section 232 critical minerals report is due July 13, 2026. If tariffs hit Mexican fluorspar, Ares becomes the only non-tariffed domestic source overnight. The China gallium export suspension expires November 2026.
The numbers:
• Ticker: CSE: ARS / OTC: ARSMF / FRA: N8I1
• Current price: ~$0.37 CAD
• 52-week range: $0.19 — $1.03
• Market cap: ~$97M
• Analyst target: CA$2.05
Risks (be honest):
• Pre-revenue, no earnings yet
• CEO also runs NANO Nuclear simultaneously
• Director Bob Li sold ~560k shares Jan-March (has since stopped)
• Warrant overhang around USD $0.40
• Junior CSE listing = thin volume

The thesis in one sentence:
Plant is commissioning, DoD contract is live, gallium partnership just signed, land expanded 29%, and the stock closed today at $0.37 on a day all of this dropped.
Not financial advice. Do your own DD.
$ARS $ARSMF 🦅