The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Expires: July 31, 2015
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ERO COPPER CORP COM 296006109 19,971,973 1,648,581 SH SOLE 0 0 0
ERO COPPER CORP CALL 296006109 207,653 1,320 SH SOLE 0 0 0
ABERCROMBIE & FITCH CO CL A 002896207 8,697,245 113,883 SH SOLE 0 0 0
ARCELORMITTAL SA LUXEMBOURG NY REGISTRY SH 03938L023 538,889 18,679 SH SOLE 0 0 0
TECK RESOURCES LTD CL B 878742204 15,810,620 434,000 SH SOLE 0 0 0
DIREXION SHS ETF TR DAILY SMCAP BULLX3 25459W847 1,995,532 68,200 SH SOLE 0 0 0
HUNTSMAN CORP COM 447011107 5,049,042 319,762 SH SOLE 0 0 0
HUNTSMAN CORP CALL 447011107 400,614 2,020 SH SOLE 0 0 0
SCHLUMBERGER LTD COM STK 806857108 1,045,000 25,000 SH SOLE 0 0 0
BUCKLE INC COM 118440106 16,554,240 432,000 SH SOLE 0 0 0
BUCKLE INC CALL 118440106 17,142 80 SH SOLE 0 0 0
CONOCOPHILLIPS COM 20825C104 2,625,500 25,000 SH SOLE 0 0 0
NEW GOLD INC CDA COM 644535106 3,710,000 1,000,000 SH SOLE 0 0 0
ACADEMT SPORTS & OUTDOORS INC COM 00402L107 13,917,937 305,151 SH SOLE 0 0 0
WEST FRASIER TIMBER CO LTD COM 952845105 8,749,610 113,900 SH SOLE 0 0 0
CENTURY ALUM CO COM 156431108 17,300,778 932,154 SH SOLE 0 0 0
NEWMONT CORP COM 651587107 3,138,200 65,000 SH SOLE 0 0 0
VAIL RESORTS INC COM 91879Q109 1,120,140 7,000 SH SOLE 0 0 0