KilconaVC

Investor • Advisor • Consultant
Co-Founder ~ Walker Lane Mining
$RM.t • $AUGO • $BZ.v • $WEX.v
$FTG.t • $WPG.v • $FMS.v • $SRR.v

[KilconaVC @KilconaVC]

Three likes?! 🤣

Did anyone click the photo?!

Twelve Month Rolling ROI: +1788.35%

With my current locked in PP’s added. Easily 2000%+ in my last 12 months.

The best is yet to come!!

#TSX #TSXv #ASX #FinTwit #MinTwit #BioTwit #Nasdaq #NYSE #OTC

[KilconaVC @KilconaVC]

Just win baby!!

Q1 2021 ROI update!!

Three PP’s unlocking this quarter. All exceed 100%+ in gains.

I highly anticipate next quarters numbers to materially go up! Again! ✌🏻😎

#TSX #TSXv #ASX #Nasdaq #NYSE #FinTwit #MinTwit #BioTwit

[Palmer Luckey @PalmerLuckey]

China wants Jensen out, so I want him in.

[wealthmoose @wealthmoose]

🇨🇦 SOMETHING UNUSUAL IS HAPPENING IN ONTARIO’S MORTGAGE MARKET.

AND THE BIGGEST WARNING SIGN ISN’T COMING FROM CANADA’S BIG BANKS.

CMHC’s latest mortgage report reveals a troubling trend in the Greater Toronto and Hamilton Area.

11.1% OF MORTGAGE BALANCES HELD BY MORTGAGE INVESTMENT ENTITIES WERE AT LEAST 90 DAYS IN ARREARS.

That’s up from just 3% in the third quarter of 2023.

Nearly four times as high.

And most Canadians probably haven’t heard about it.

Here’s why this matters.

Not every homeowner gets their mortgage from RBC, TD or CIBC.

Some borrow through private mortgage lenders when traditional financing isn’t available.

These loans can carry higher interest rates, shorter terms and greater refinancing risk.

Let’s do the math.

Imagine a private mortgage lender with $100 million in outstanding loans.

🏦 At 3% arrears: $3 million

📉 At 11.1% arrears: $11.1 million

⚠️ Additional balances in arrears: $8.1 MILLION

That’s an illustration of how dramatically the reported arrears rate has changed.

Now, these lenders represent a small share of Canada’s overall mortgage market.

And being 90 days behind doesn’t automatically mean foreclosure or a permanent loss.

But here’s the overlooked financial mechanism.

FALLING HOME PRICES CAN MAKE IT HARDER FOR STRUGGLING BORROWERS TO ESCAPE THEIR DEBT.

A homeowner who could previously refinance against rising equity may find that option disappearing.

Selling may no longer generate enough proceeds to clear the mortgage and transaction costs.

And renewing with another lender may become difficult.

CMHC specifically identifies weaker resale conditions and refinancing constraints as growing concerns in Ontario.

Which raises a bigger question.

ARE WE MEASURING CANADA’S HOUSING STRESS BY LOOKING ONLY AT THE BANKS, WHILE MISSING WHAT’S HAPPENING AT THE RISKIER END OF THE MARKET?

Because financial trouble doesn’t always begin with a foreclosure.

Sometimes it begins when a homeowner can no longer refinance.

CANADA’S HOUSING MARKET DOESN’T NEED A WAVE OF FORECLOSURES TO HAVE A SERIOUS FINANCING PROBLEM.

🍁 @StephenPunwasi @RichardDias_CFA

#Canada #HousingMarket #Mortgages

[Rexha 🐸 @RexhaRexhaRexha]

Two dads go on Shark Tank with their AI-powered smart foam ball, seeking $200,000 for 10% equity.

MrBeast offers $300,000 for 66%.

They end up settling on $250,000 for 55% equity.

The founders gave up majority control in exchange for the money + access to MrBeast’s distribution, marketing reach, and existing toy business (MrBeast Lab).

[SilverTrade @silvertrade]

🚨GOLD: THE TIMING FOR $17,000⁉️

[KilconaVC @KilconaVC]

This is crazy! This must be fixed!

[wealthmoose @wealthmoose]

🇨🇦 A CANADIAN INVESTOR LOSES $10,000 IN THE STOCK MARKET.

THE CRA CAN STILL EXPECT THEM TO PAY CAPITAL GAINS TAX.

And most Canadians don’t realize how this happens.

Imagine you invest $100,000 in an ETF through a regular, non-registered investment account.

The market falls.

By December, your investment is worth $90,000.

You’re down $10,000.

You haven’t sold anything.

Surely there’s no capital gains tax to worry about?

Not necessarily.

Here’s the overlooked rule.

Some ETFs distribute capital gains realized inside the fund, even when their investors are sitting on losses.

And those distributions can be taxable even when you receive no cash.

They’re sometimes called PHANTOM DISTRIBUTIONS.

Let’s do the math.

💰 Original investment: $100,000

📉 Year-end market value: $90,000

🔻 Investment decline: $10,000

📄 Illustrative reinvested capital gains distribution: $4,000

💸 Taxable portion at 50% inclusion: $2,000

🏛️ Income tax at an illustrative 40% marginal rate: $800

YOUR INVESTMENT IS DOWN $10,000.

BUT YOU COULD STILL OWE $800 IN TAX.

Read that again.

You didn’t sell your ETF.

You didn’t receive $4,000 in cash.

Yet you could have taxable investment income.

Why?

Because the ETF may have sold underlying securities at a profit, creating realized gains that are allocated to investors.

Now, there’s an important distinction.

Reinvested distributions generally increase your adjusted cost base, helping prevent the same gain from being taxed twice.

And this particular issue generally doesn’t create an annual tax bill inside a TFSA or RRSP.

But for Canadians investing outside registered accounts, it matters.

HOW MANY INVESTORS CHECK THEIR ETF RETURNS BUT NEVER LOOK AT THEIR ANNUAL TAX DISTRIBUTIONS?

Because your investment performance and your taxable income aren’t always the same thing.

IN CANADA, YOUR PORTFOLIO CAN HAVE A LOSING YEAR.

AND YOUR TAX RETURN CAN STILL SHOW CAPITAL GAINS.

🍁 @wealthmoose

[Casey Donaldson @caseyjdonaldson]

Every past gold bull market had a hidden drag on it.

Central banks were selling. Gold rallied anyway.

Now those same central banks are net buyers of 1,000 tons a year.

The biggest holders on Earth flipped from supply to demand.

That’s why this cycle isn’t like the others.

You don’t own enough gold for what’s coming.

[MikesMoneyTalks.ca @moneytalkstweet]

"lowest net debt to GDP in G7"
This oft repeated boast by Liberal ministers is grossly misleading. Canada's the only G7 nation that ignores the IMF and OECD standardized accounting frameworks set out in the Government Financial Statistics Manual. Instead, Ottawa pads its balance sheet by treating roughly $900 billion in worker pension assets as government cash. It isn't - it's money held in trust for workers.

[KilconaVC @KilconaVC]

As it turns out. The loonie is not a fan of the latest federal budget release.

Decreasing in value every day since. Showing signs of breaking down to new lows.

Men lie, women lie, numbers don’t,..

[Gary Bohm @GaryBohm5]

THE 10-YEAR JUST HIT 5%. GOLD WINS WHETHER THEY HIKE OR CUT: 66 months above target inflation meets a yield spike equals a blown out deficit. Hike or cut and gold wins either way! https://t.co/AVdacuVCDY

[Mario Vetro @themariovetro]

1/ Why wasn't this already a mine?

Over 6 billion pounds of copper in a great location.

Exploration permits and community agreements in place.

Nearly $100 million invested privately.

Something didn't add up.

It took me 2.5 years, a chance meeting, and one incredible coincidence to figure it out.

Now a major copper producer is investing at a premium to market as part of a $50 million financing.

Here's what everyone was missing…

[Gold Telegraph ⚡ @GoldTelegraph]

You have 3 very interesting developments unfolding in the global gold market:

Singapore:

Its central bank has launched a service to store gold for foreign central banks, with a capacity of 500 tonnes.

China:

Beijing is courting foreign central banks to buy and store gold in China through the Shanghai Gold Exchange.

Hong Kong:

Authorities are seeking participation from foreign central banks in a new gold-clearing system, while aiming to expand gold storage capacity to over 2,000 tonnes.

Watch this closely...

A scramble is playing out.

[Ari Sussman @Ariski73]

Some thoughts on today’s press release from $CNL @CollectiveCNL

Four holes, four results below the base of our Mineral Resource. Today’s drilling takes the Ramp Zone deeper, and three step-outs push it north into ground we had never drilled.

APC171-D3, our deepest hole to date:

44.55 m at 5.75 g/t AuEq (5.58 g/t Au, 8 g/t Ag), including 21.40 m at 11.06 g/t AuEq (10.78 g/t Au, 15 g/t Ag), from 1,274 m below surface
79.80 m at 2.02 g/t Au, including 2.70 m at 25.58 g/t AuEq (25.53 g/t Au, 3 g/t Ag), from 1,727 m below surface

That deeper interval reaches ~280 masl, ~370 vertical meters below the base of the Mineral Resource. Ramp Zone mineralization has now been intersected over ~720 vertical meters, from ~1,000 to 280 masl, more than double the ~350 vertical meters defined in the Mineral Resource.

The key point of the news today:
The Ramp Zone is growing in more than one direction.

The three step-outs, to the north and northwest, intersected broad mineralization ~100 to 190 m beyond the outer boundary of the Mineral Resource:

APC164-D5: 13.75 m at 11.68 g/t AuEq (11.25 g/t Au, 22 g/t Ag)
APC164-D6: 20.90 m at 3.41 g/t AuEq (3.39 g/t Au, 1 g/t Ag)
APC172-D1: 7.80 m at 5.97 g/t AuEq (5.94 g/t Au, 2 g/t Ag)

And higher in APC171-D3, the 44.55 m interval lies largely within the Mineral Resource and returned grades 154% higher than the estimated blocks it crossed (5.75 vs 2.26 g/t AuEq). A local comparison for geological context, not a Mineral Resource update.

For context, the Mineral Resource covers only ~315 m (~21%) of the ~1.5 km circumference of the Apollo breccia body at depth. Mineralization along the rest of the circumference is being tested by drilling and remains open in all directions, including at depth.

What comes next:

6 of our 13 rigs are dedicated to the Ramp Zone. Our first track-mounted deep-drilling rig is operating on site, a second is expected within the next 30 days, and we intend to drill the Ramp Zone down to sea level in 2027.

Construction of the ~3 km underground exploration adit is expected to start this month. It is designed to intersect the Ramp Zone at ~700 masl, in the core of the high-grade portion of the Ramp Zone’s Mineral Resource.

Visible gold has been logged in APC174-D6, APC174-D7, APC174-D8, APC180-D4 and APC181-D1, and visible scheelite with gold in APC180-D3. Assays are pending, and visual observations are not a substitute for assay results.

80 holes pending, 12 from the Ramp Zone.

With deep rigs now on site, we believe the vertical dimension of the Ramp Zone may become one of the defining stories of Apollo.

[U.S. Department of Energy @ENERGY]

MINE, BABY, MINE! 🇺🇸⛏️

The Energy Department is investing in the future of American mining — bolstering our national security and supporting America’s critical mineral production.

[KilconaVC @KilconaVC]

Elbows Up!

[Frank Grimes Jr. @FrankGrimes_Jr]

Nothing sums up Canada better

[KilconaVC @KilconaVC]

@Martyupnorth She is very pro-China.

Also the returns of the hedge fund she oversaw as head researcher and then Co-CIO. Underperformed unmanaged S&P Index Funds.

She will fit right in with Carney and crew. 🤣

[KilconaVC @KilconaVC]

Naturally Carney’s pick for the Sovereign Wealth CEO is pro China.

During her time at Bridgewater, the fund she oversaw underperformed the returns of unmanaged S&P Index ETF’s.

Also she only has Canadian citizenship via birthright from her Mom. She’s born and raise Israeli. Who later educated in and moved to the USA.

Must have some serious connections in her past to land this gig at 41.

https://t.co/06C7mZ80XI

[Oliver Groß @minenergybiz]

Optimistic
Europe taps China playbook to cut $1.5trn rare earth risk 🇪🇺🇨🇳
https://t.co/E6uXwuXGA0

[KilconaVC @KilconaVC]

Funny story. She’s in Michigan. Michigan is a winter climate.

Dem’s made clean fuel regulations that force a certain content of biofuels to be blended into your fuels.

Problem is, it’s 5-8x more expensive than transition fuels.

Second problem is, it doesn’t perform well in winter. So it’s removed in winter to a lower blend.

Less expensive fuel in the gas = less expensive gas.

This is the secret to fuel seasonality in bellow freezing capable states.

[KilconaVC @KilconaVC]

Canada’s new Sovereign Wealth Fund CEO

41 y/o ✅
Pro-China ✅
Foreign Born ✅
Wrong about trade war ✅

You would have earned more returns buying an Index ETF. Instead of investing in the Hedge Fund she was head of research, and then later became Co-CIO.

What could go wrong?! 🤷🏻‍♂️

https://t.co/06C7mZ80XI

[BNN Bloomberg @BNNBloomberg]

Carney names first CEO of Canada's sovereign wealth fund https://t.co/nPQ9AaueCZ