$APM.to looks very attractive. #gold #silver #copper #mining #PreciousMetals

Water Portfolio Update 🌊 (June 12, 2026) Fresh picks are now live for the next 30-day cycle. Markets remained constructive this period, with strength broadening beyond the largest technology names. Small caps, industrials, materials, and cyclical sectors generally outperformed, creating a favorable environment for systematic stock selection and momentum-driven strategies. The Water models benefited from this broader participation, delivering strong returns and outperforming both the S&P 500 and TSX 60 while keeping pace with a strong Russell 2000 benchmark. Performance (May 15 → June 12): 🌊 Water 1: 6.34% 🌊 Water Portfolio: 5.58% vs. S&P 500: 0.35% Russell 2000: 5.53% TSX 60: 3.87% Strong performance across both portfolios this cycle. Track Record (Since Dec 2022): 🌊 Water 1: $10,000 → $45,419 (354%) 🌊 Water Portfolio: $10,000 → $30,134 (201%) 📊 S&P 500: $10,000 → $19,353 (93%) A highly selective, rules-based process designed to identify the strongest opportunities across changing market environments. How the Water portfolios are built: Water uses only the highest-performing strategies from a ~100 model universe. Unlike Sun, there is no averaging: • Stocks either pass or fail each strategy • Each pass earns a score relative to that strategies performance • Scores are added together 🌊 Water 1 → Highest-scoring stocks (strict threshold) 🌊 Water Portfolio → All stocks above the core threshold Because of this structure, portfolio size changes each month depending on how many names qualify. Current Water 1 Holdings: $MU $CRDO $ONTO $MX.TO $VICR $ASM.TO $BE $MRVI $STRL $CIEN $CLS.TO $DELL $FORM $AMD $DIOD $ON $PENG $TILE $ABX.TO $ELMD $IDR $CVGI $FSTR $TLYS $CARE $MTZ $TTMI $VSXY $OGC.TO $FLXS $JLL $ATI $LUN.TO $HBM.TO $KALU $SANM $PDFS $CVE.TO Current Water Portfolio: Water 1 $LQDA $PLTR $ITRN $SVM.TO $APPS $APM.TO $DAVE EQX.TO ALTO VOXR.TO FLYW ARW PEB Changes This Period: Water 1 Buys: MRVI TLYS CARE KALU MX.TO VICR ASM.TO DELL FORM AMD PENG FSTR TTMI VSXY OGC.TO FLXS JLL ATI LUN.TO HBM.TO CVE.TO Water 1 Sells: ALTO ISSC MCHP AUPH LXRX PHIN PARR AGI.TO CDE SIS.TO INFU WGX.TO MIDD Water Portfolio Buys: MX.TO VICR ASM.TO DELL FORM AMD PENG FSTR TTMI VSXY OGC.TO FLXS JLL ATI LUN.TO HBM.TO CVE.TO LQDA ITRN SVM.TO APPS DAVE VOXR.TO ARW PEB Water Portfolio Sells: ISSC MCHP AUPH LXRX PHIN PARR AGI.TO CDE SIS.TO INFU WGX.TO MIDD EXE.TO WLDN TCMD NVDA HLIO AU VSCO VISN Positioning remains broadly diversified across technology infrastructure, industrials, materials, energy, and selective growth opportunities, reflecting the wider market participation seen over the past month. Full portfolio, buys & sells in the visuals below. #QuantInvesting #FactorMomentum #PortfolioUpdate

$APM.TO $JCTC $POLA Massive breakout ready to ignite any minute. @PaUyFHDu6v2zJHd market vision is legendary, always spotting huge plays early.

$apm.to $anpmf

Nice one Ape. I’ll check on Stillwater. Don’t know it. But, I’m very excited about SantaC /Apm.To and hopefully Guanajuato!! Plus…about 30 more. Arrggh!!!

Bounce here or H&S action going to play out? Doubt it's head and shoulders, the measured move would make it a 100M market cap again. $APM.TO $anpmf

Bought 2 more Producers Andean Precious Metals $APM.TO and Santacruz Silver $SCZ.NE 🙌 I’ll continue reducing my cash position. I had actually planned to buy two more positions today, but my broker kept throwing up an error code, almost as if I wasn’t allowed to buy 😆

Sequence of lower lows and lower highs on $JAG.TO @GoldForecast, what happened? You said $APM.TO was fairly valued at $2 CAD and that $JAG and $SOMA were the best in class gold miners... Ouch.

When is $apm.to buying a copper mine?

$NWST.V, $APM.TO, $CAPT.V, $CUU.V, $EPG.CN, $ESAU.CN, $FRG.CN, $KRI.V, $LVG.V, $MSA.TO, $RIO.TO, $SCZ.V, $FISH.V

My boy @Ben_Pirie1 knows his shit on mining stocks. Picked $OMG.V at $0.09, $SCZ.V at $0.31, $APM.TO at $1.50, and many more...

Also remember $APM.TO, insiders sold en masse starting at $2 and had almost nothing left to sell by $4

$APM.TO : $8 seems to be some kind of line in the sand. There's been big volumes changing hands during the current political unrest over the last couple weeks.

$MAI.v $RIO.to $APM.to

#BOLIVIA HEADS UP: #Bolivia is seeing serious unrest right now, with protests, roadblocks, miners involved, supply disruptions, clashes, and growing political pressure around the government. This matters for mining investors because Bolivia is an important jurisdiction for several silver, zinc, lead, tin, gold and lithium projects. A few Bolivia-exposed names/projects to keep on the radar: $ELO.TO / $ELRRF, Eloro Resources, Iska Iska silver-tin-polymetallic project, Potosí $NUAG.TO / $NEWP, New Pacific Metals, Silver Sand, Carangas and Silverstrike projects $ORV.TO / $ORVMF, Orvana Minerals, Don Mario / Oxides Stockpile Project $SCZ.V / $SCZMF, Santacruz Silver, producing silver-zinc-lead assets in Bolivia $APM.TO, Andean Precious Metals, San Bartolomé processing facility in Potosí Why it matters: Political unrest can affect logistics, road access, fuel supply, explosives availability, community relations, government approvals, drilling timelines and permitting. If this stays short-lived, it may mostly be a temporary sentiment hit. But if the crisis escalates, or if the political outcome pushes Bolivia back toward heavier state control, tougher mining rules, higher royalties, contract revisions or slower foreign investment approvals, the market could start applying a bigger Bolivia jurisdiction discount. This is not an issue right now, but if escalated, it may start pricing in Bolivia as a higher risk jurisdiction Just a heads up that Bolivia risk is something investors in these names should keep on the radar this year. Confirmed backdrop: Reuters and AP are reporting serious unrest involving miners, unions, transport workers and roadblocks, with supply disruption and calls for President Rodrigo Paz to resign. For the company list, the strongest direct Bolivia names are $ELO.TO, $NUAG.TO, $ORV.TO, $SCZ.V and $APM.TO. New Pacific and Eloro are cited as active Bolivia explorers; Orvana, Santacruz and Andean all have Bolivia assets or operations.

Canadian Earnings — Last Week's Winners May 11–17 Sector winners who delivered at least one of: ✓ Revenue growth ✓ Margin expansion ✓ Guidance raise ✓ Capital action ⚡ ENERGY $PEY.TO — Peyto Exploration Quadruple win. Record Q1 production 147,513 boe/d ( 10% YoY), $293M FFO, $171M earnings, dividend hiked 9%, $89M debt repaid in the quarter. Cash costs $1.28/Mcfe (-10% YoY). Half of 2026 gas hedged at $3.96 already. $BIR.TO — Birchcliff Energy Revenue $217.8M ( 10% YoY), OCF 21%, free funds flow 260%, debt down $36.5M from year-end. Realized 112% premium to AECO. $NPI.TO — Northland Power Revenue $774.6M vs $665.1M ( 16.5% YoY), NI to shareholders $88.6M, OCF $571M. $LGN.V — Logan Energy Production 43% YoY (14,237 boe/d), sales 37%, adj funds flow 56%, OCF 62%. Closed $66.3M Simonette acquisition, raised $70M equity, borrowing base upsized $150M → $250M. $KEI.TO — Kolibri Global Energy Gross revenue US$24.7M ( 17% YoY), production 15% to 4,685 BOEPD, Adj EBITDA $14.8M, FCF $9.2M. Strong cash generation as drilling cycle moderates. $KEY.TO — Keyera Plains Canadian NGL business acquisition CLOSED May 12 (within window) — major capital action. Q1 OCF $322M, DCF $133M adjusted for acquisition costs. ⛏️ MINING & METALS $DSV.TO — Discovery Silver Revenue $285M vs $0 prior year — first full quarter at Cordero post-Newmont acquisition. 60% mine margin, OCF flipped from -$6M to $43M. $KNT.TO — K92 Mining Quarterly record revenue $236.3M ( 63% YoY), EBITDA $179.9M ( 68%), net earnings $116.6M ( 66%), OCF $114.2M ( 81%). Cash hit record $287M. $USA.TO — Americas Gold and Silver Revenue nearly tripled YoY (record). Profit flipped from $19.7M loss to $9.98M profit. OCF up $21.9M, cash to $122M. $GMIN.TO — G Mining Ventures Revenue $139.9M ( 43% YoY), OCF $69.7M, FCF $56.2M. G2 Goldfields acquisition closed April 9, consolidating the Oko district in Guyana. $FNV.TO — Franco-Nevada Operating income $577.8M, OCF $520.4M — Q1 OCF 39% above FY2025 quarterly average. $AAUC.TO — Allied Gold Zijin C$44/share all-cash deal closing May 29 — final quarterly print before delisting. Headlines understate it; binding takeover within the window is a real capital event. $ORV.TO — Orvana Minerals Record quarter. OCF $29.9M, cash grew $32M → $48M. $ABX.TO — Barrick Mining Adj net EPS $0.98 ( vs PY despite 17% QoQ production drop on seasonal pattern), AISC -4% YoY, realized gold $4,823/oz ( 66% YoY). $3B buyback authorized. Hemlo and Tongon divestitures completed in Q1. $APM.TO — Andean Precious Metals Revenue $163.1M ( 163% YoY), gross profit 228%, net income $48.2M ( 230%), Adj EBITDA $71.0M ( 224%). FCF $39.6M vs -$1.5M PY. Filed for NYSE listing. $204M in liquid assets, net cash ~$70M. $ORE.TO — Orezone Gold Revenue US$185.9M ( 125% YoY), net earnings $39.6M ( 148%), Adj EBITDA $94.2M (record). Gold production 35%. Stage 1 hard rock plant declared commercial production. Casa Berardi (Hecla Quebec) acquisition closed March 25 — total assets nearly doubled to $1.30B. $ASM.TO — Avino Silver & Gold Mines Revenue US$39.4M ( 109% YoY, record), net income $15.9M ( 183%, record), EBITDA $25.5M ( 163%). Silver realized $86.42/oz ( 173%). Cash $138.6M ( $36.9M QoQ). NCIB approved. Maiden 127M Ag-eq oz P&P reserve published. $GAU.TO — Galiano Gold Gross revenue US$166.5M ( 117% YoY), Adj EBITDA $93.4M ( 364%). Mine operations flipped to $72.5M profit from $19.8M loss prior year. Gold production 68%. Zero debt, $114.9M cash. $DNG.TO — Dynacor Group Sales US$154.1M ( 93% YoY), EBITDA $13.6M ( 86%), net income $7.3M ( 42%). Q1 record processing and production. Senegal pilot commissioning Q2 2026. $JAG.TO — Jaguar Mining Revenue US$44.6M ( 22% YoY), gross profit $27.9M (margin 63%). MTL strategic production restart announced. Realized gold prices driving operational reset. $AYA.TO — Aya Gold & Silver Revenue US$117.3M ( 247% YoY, record), gross profit $83.8M (margin 71.4%), net income $48.5M (vs $6.9M PY). OCF $70.2M ( 785% YoY, record). Production 40% YoY. Cash $171.7M; $14M debt principal repaid. 💰 FINANCIALS $MFC.TO — Manulife Core earnings 8% CER, Core EPS 11%, dividend 10%, $1.2B returned to shareholders, Core ROE 16.5% ( 90 bps YoY). Schroders Indonesia acquisition closed. $POW.TO — Power Corp Net earnings $820M ( 19% YoY), Adj EPS $1.43 ( 17%). $1.2B returned to shareholders in Q1 ($0.8B dividends $0.4B buybacks). Sagard-Unigestion combination closed April 2026. Great-West ROE 16.8%, IGM AUM $314B ( 14% YoY). 💻 TECHNOLOGY $CSU.TO — Constellation Software Revenue $3,181M ( 20% YoY), organic 6%, OCF 9%, FCFA2S 44%. $1.00/share dividend declared, $809M deployed on Q1 acquisitions. $VCM.TO — Vecima Networks VBS revenue 9.6% YoY, Entra DAA deployments 13.5%, Adj EBITDA 9.2%. Calendar 2026 revenue growth guidance RAISED to 22.5–30% (from 20–30%). Charter Spectrum multi-year DOCSIS 4.0 deal announced. Third consecutive quarter of gross margin expansion. $QBR-A.TO — Quebecor Net income to shareholders $225.4M ( 18% YoY), basic EPS $1.00 ( 22%), Adj EBITDA $576.6M ( 4.9%). Telecom adj EBITDA 6.6%. $85.2M Class B repurchases. $CGY.TO — Calian Group Q2 FY2026 revenue $228.7M, net profit $6.7M (record), EPS $0.59. Adjusted EBITDA $28M ( 60% YoY). Defense and Health segments driving the print. $QTRH.TO — Quarterhill Revenue US$38.6M ( 14% YoY), gross margin 1,600 bps to 28%. Operating loss halved to -$3.7M from -$7.3M. AI-driven intelligent transportation systems segment grew sharply. 🏭 INDUSTRIALS $FTT.TO — Finning International Record Q1 adjusted EPS $1.02. Product support 6% YoY (8th consecutive quarter). Dividend raised 7.4% to $0.325 — 25th consecutive year of increases. Equipment backlog $3.8B (record). Adj ROIC 18.7%. $BRM.V — Biorem Revenue $6.8M ( 44% YoY). Net earnings flipped to $201K profit. Record $77M order backlog. 18.6M share float. $MAL.TO — Magellan Aerospace Revenue $285.1M ( 9.3% YoY), gross margin 130 bps to 14.2%, EBIT 41.5%, Adj EBITDA 35.4%, EPS $0.29 ( 52.6%). Signed TKMS Teaming Agreement on Canadian Patrol Submarine Project torpedoes. $ANRG.TO — Anaergia Revenue $55.2M ( 122% YoY), gross profit 135%, margin 130 bps to 23.0%. Adjusted EBITDA flipped positive ($1.1M vs -$3.9M). Third straight quarter of positive Adj EBITDA. $GRN.TO — Greenlane Renewables Revenue $9.5M ( 36% YoY), gross margin 300 bps to 43%. System sales 38% YoY, parts & service 32%. Signed Panasonic Brazil definitive agreements for Cascade LF localization. Backlog $31.5M. $ATRL.TO — AtkinsRéalis Revenue $3.0B ( 18% YoY), Adj EBITDA $253.7M ( 18%), net income to shareholders $92.8M ( 34%), diluted EPS $0.56 vs $0.39. Cash $1.1B. Engineering Services and Nuclear segments drove the print. ⚡ UTILITIES $H.TO — Hydro One Revenue $2,648M ( 10.0% YoY), net income to common $391M ( 9.2%), EPS $0.65 ( 8.3%). Selected to develop Greenstone, Sudbury-to-Barrie, and Red Lake Transmission Lines — extends rate base growth into the late 2020s. $BLX.TO — Boralex Revenue $286M ( 21% YoY), production 12% to 1,888 GWh, operating income $92M ( 42%). Brookfield La Caisse going-private agreement at $37.25/share (31.8% premium) — shareholder vote scheduled for June 4, 2026. 💎 ROYALTIES $ELE.TO — Elemental Royalty Record revenue US$24.3M ( 83% YoY), Adj EBITDA $17.7M ( 55%), OCF 340% YoY. Inaugural US$0.12/share dividend, new US$150M revolver, 2.5% NSR acquired post-quarter on Western Queen Gold. $DIV.TO — Diversified Royalty Revenue 11.8% YoY, distributable cash 10.4%, dividend 13.9% YoY. Binding agreement to acquire Mr. Lube Tires franchisor; BarBurrito added 9 restaurants to royalty pool. 🛒 CONSUMER $CTC.TO — Canadian Tire Net income 176% YoY ($129.5M vs $47.0M continuing). Diluted EPS $2.02 vs $0.67 ($2.00 normalized). Retail revenue ex-petroleum 5%. SportChek 3.3% comp (7th straight growth quarter), Mark's 1.2%. $64.5M buybacks $90.7M dividends paid. $XLY.TO — Auxly Cannabis Revenue $39.8M ( 22% YoY), gross margin 55% ( 700 bps from 48%). Adj EBITDA $12.3M ( 65%) — 31% margin. OCF before WC $11.3M ( 102%). NCIB authorized. 🏥 HEALTHCARE / M&A $CTX.TO — Crescita Therapeutics ClinActiv take-private at $0.80/share — 74% premium to 5-day VWAP. Shareholder vote held May 14. Expected to close Q2 2026. Full breakdowns: investorlens.io #TSX #CanadianStocks #Earnings #FinTwit

Andean Precious Metals $APM.TO blows past @Atrium_Research $3.75 price target they set a year ago. It's up ~300%

The cash flow leader is waking up again. Excellent relative strength. $APM.TO $anpmf $apm

Clearing the 200 day would be a good first step. $APM.TO