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
ABRDN PLATINUM ETF TRUST PHYSCL PLATM SHS 003260106 10,192,617 57,188 SH SOLE 57,188 0 0
ABRDN SILVER ETF TRUST PHYSCL SILVR SHS 003264108 2,953,411 41,243 SH SOLE 41,243 0 0
ADAM NAT RES FD INC COM 00548F105 2,133,437 76,742 SH SOLE 76,742 0 0
AGNICO EAGLE MINES LTD COM 008474108 139,024,024 685,083 SH SOLE 685,083 0 0
ALAMOS GOLD INC COM CL A 011532108 48,653,956 1,095,070 SH SOLE 1,095,070 0 0
ALBEMARLE CORP COM 012653101 3,499,937 19,495 SH SOLE 19,495 0 0
ALPHA METALLURGICAL RESOUR I COM 020764106 529,186 2,578 SH SOLE 2,578 0 0
ALPHABET INC CAP STK CL C 02079K107 275,386 960 SH SOLE 960 0 0
AMAZON COM INC COM 023135106 761,227 3,655 SH SOLE 3,655 0 0
AMERICAS GOLD AND SILVER COR COM NEW 03062D803 5,697,355 1,091,502 SH SOLE 1,091,501 0 0
AMPLIFY ETF TR AMPLIFY JUNIOR S 032108649 610,033 20,526 SH SOLE 20,526 0 0
AMPLIFY ETF TR PUT 032108959 5,355,544 180,200 SH Put SOLE 180,200 0 0
ANGEL STUDIOS INC CL A COM 034948109 160,708 52,691 SH SOLE 52,691 0 0
ANTERO RESOURCES CORP COM 03674X106 244,030 5,750 SH SOLE 5,750 0 0
ANTERO MIDSTREAM CORP COM 03676B102 376,200 16,500 SH SOLE 16,500 0 0
APPLE INC COM 037833100 1,220,984 4,811 SH SOLE 4,811 0 0
ARIS MINING CORPORATION COM 04040Y109 688,000 37,049 SH SOLE 37,049 0 0
ARTISAN PARTNERS ASSET MGMT CL A 04316A108 13,176,637 362,095 SH SOLE 362,095 0 0
ASTERA LABS INC COM 04626A103 635,680 5,800 SH SOLE 5,800 0 0
AVINO SILVER & GOLD MINES LT COM 053906103 1,111,568 175,881 SH SOLE 175,881 0 0
BARRICK MNG CORP COM SHS 06849F108 65,216,018 1,597,248 SH SOLE 1,597,247 0 0
BARRICK MNG CORP CALL 06849F908 0 71,000 SH Call SOLE 71,000 0 0
BHP BILLITON LIMITED SPONSORED ADS 088606108 1,120,706 15,407 SH SOLE 15,407 0 0
BLOCK H & R INC COM 093671105 5,237,100 165,000 SH SOLE 165,000 0 0
BRAZIL POTASH CORP COMMON SHARES 10586A108 32,400 10,000 SH SOLE 10,000 0 0
BROOKFIELD ASSET MANAGMT LTD CL A LMT VTG SHS 113004105 1,706,581 38,393 SH SOLE 38,393 0 0
B2GOLD CORP COM 11777Q209 2,105,173 464,718 SH SOLE 464,718 0 0
BUCKLE INC COM 118440106 11,079,200 220,000 SH SOLE 220,000 0 0
CF INDUSTRIES HOLD COM 125269100 30,768,120 236,970 SH SOLE 236,970 0 0
CME GROUP INC COM 12572Q105 1,731,452 5,862 SH SOLE 5,862 0 0
CACI INTL INC CL A 127190304 324,147 596 SH SOLE 596 0 0
CAL MAINE FOODS INC COM NEW 128030202 25,152,287 317,780 SH SOLE 317,780 0 0
CAMECO CORP COM 13321L108 22,321,827 205,523 SH SOLE 205,522 0 0
CANADIAN NAT RES LTD MED TER COM 136385101 1,338,808 27,474 SH SOLE 27,474 0 0
CENOVUS ENERGY INC COM 15135U109 1,038,411 39,141 SH SOLE 39,141 0 0
CHENIERE ENERGY INC COM NEW 16411R208 3,626,217 12,779 SH SOLE 12,779 0 0
CHEVRON CORPORATION COM 166764100 1,411,889 6,824 SH SOLE 6,824 0 0
CIRRUS LOGIC INC COM 172755100 12,726,560 88,000 SH SOLE 88,000 0 0
COEUR MNG INC COM NEW 192108504 127,964,321 6,817,492 SH SOLE 6,817,492 0 0
COLLECTIVE MINING LTD COM 19425C100 318,741 18,100 SH SOLE 18,100 0 0
COMPANIA DE MINAS BUENAVENTU SPONSORED ADR 204448104 9,639,536 267,468 SH SOLE 267,468 0 0
CONOCOPHILLIPS COM 20825C104 357,984 2,712 SH SOLE 2,712 0 0
CONTANGO SILVER & GOLD INC COM 21077F100 1,342,797 71,616 SH SOLE 71,616 0 0
CORE NATURAL RESOURCES INC COM SHS 218937100 550,359 5,255 SH SOLE 5,255 0 0
CORTEVA INC COM 22052L104 3,116,212 37,226 SH SOLE 37,226 0 0
DENISON MINES CORP COM 248356107 5,308,591 1,503,850 SH SOLE 1,503,850 0 0
DEVON ENERGY CORP NEW COM 25179M103 1,518,356 30,174 SH SOLE 30,174 0 0
DIGI PWR X INC COM SUB VTG 25380B102 60,900 30,000 SH SOLE 30,000 0 0
DIVERSIFIED ENERGY CO COMMON STOCK 25520W107 924,320 53,000 SH SOLE 53,000 0 0
EOG RES INC COM 26875P101 308,079 2,131 SH SOLE 2,131 0 0
EQT CORP COM 26884L109 458,844 7,210 SH SOLE 7,210 0 0
EAGLE MATLS INC COM 26969P108 720,627 3,804 SH SOLE 3,804 0 0
ELDORADO GOLD CORP NEW COM 284902509 51,893,916 1,511,620 SH SOLE 1,511,620 0 0
ELECTROMED INC COM 285409108 234,100 10,000 SH SOLE 10,000 0 0
ELEMENTAL RTY CORP COM NEW 28620K106 35,448,410 1,881,552 SH SOLE 1,881,552 0 0
ENDEAVOUR SILVER CORP COM 29258Y103 25,036,756 2,688,725 SH SOLE 2,688,726 0 0
ENDEAVOUR SILVER CORP CALL 29258Y903 121,030 13,000 SH Call SOLE 13,000 0 0
ENCORE ENERGY CORP COM NEW 29259W700 217,339 120,744 SH SOLE 120,744 0 0
ENERGY FUELS INC COM NEW 292671708 1,393,479 76,355 SH SOLE 76,355 0 0
EQUINOR ASA SPONSORED ADR 29446M102 422,000 10,000 SH SOLE 10,000 0 0
EQUINOX GOLD CORP COM 29446Y502 137,315,957 9,505,436 SH SOLE 9,505,436 0 0
EQUINOX GOLD CORP CALL 29446Y902 760,596 52,600 SH Call SOLE 52,600 0 0
ERO COPPER CORP COM 296006109 9,712,793 364,273 SH SOLE 364,273 0 0
EXCHANGE TRADED CONCEPTS TRU RANGE GLOBAL COA 301505467 286,336 10,435 SH SOLE 10,435 0 0
EXXON MOBIL CORP COM 30231G102 42,438,260 250,137 SH SOLE 250,137 0 0
FRP HLDGS INC COM 30292L107 6,221,359 284,340 SH SOLE 284,340 0 0
FEDERATED HERMES INC CL B 314211103 29,142,418 513,885 SH SOLE 513,885 0 0
FIRST MAJESTIC SILVER CORP COM 32076V103 12,235,293 569,734 SH SOLE 569,734 0 0
FORTUNA MNG CORP COM NEW 349942102 2,163,161 217,841 SH SOLE 217,841 0 0
FRANCO NEV CORP COM 351858105 56,157,624 227,294 SH SOLE 227,294 0 0
FREEPORT MCMORAN INC CL B 35671D857 3,301,818 56,172 SH SOLE 56,172 0 0
FURY GOLD MINES LIMITED COM 36117T100 24,492 40,171 SH SOLE 40,171 0 0
GALIANO GOLD INC COM 36352H100 156,529 62,362 SH SOLE 62,362 0 0
GENTEX CORP COM 371901109 2,622,000 120,000 SH SOLE 120,000 0 0
GLOBAL X FDS GLOBAL X COPPER 37954Y830 2,568,796 33,645 SH SOLE 33,645 0 0
GLOBAL X FDS GLOBAL X SILVER 37954Y848 3,812,731 42,326 SH SOLE 42,326 0 0
GOLD FIELDS LTD SPONSORED ADR 38059T106 4,268,096 94,011 SH SOLE 94,011 0 0
GOLD ROYALTY CORP COMMON SHARES 38071H106 1,113,051 310,908 SH SOLE 310,908 0 0
GOLDMINING INC COM 38149E101 439,108 368,998 SH SOLE 368,998 0 0
GRANITESHARES PLATINUM TR SHS BEN INT 38748T103 392,383 20,750 SH SOLE 20,750 0 0
GRAYSCALE BITCOIN TRUST ETF SHS REP COM UT 389637109 1,519,224 28,795 SH SOLE 28,795 0 0
GRAYSCALE ETHEREUM STAKING E SHS 389638107 292,751 17,150 SH SOLE 17,150 0 0
HECLA MINING COMPANY COM 422704106 4,030,876 216,365 SH SOLE 216,365 0 0
HECLA MINING COMPANY CALL 422704906 242,190 13,000 SH Call SOLE 13,000 0 0
HELMERICH & PAYNE INC COM 423452101 30,892,410 857,408 SH SOLE 857,408 0 0
HIGHLANDER SILVER CORP COM 43087N204 3,738,740 637,184 SH SOLE 637,184 0 0
HUDBAY MINERALS INC COM 443628102 2,942,179 140,576 SH SOLE 140,576 0 0
HYCROFT MINING HOLDING CORP CL A NEW 44862P208 3,944,237 112,052 SH SOLE 112,052 0 0
CRESCENT ENERGY COMPANY CL A COM 44952J104 151,875 11,250 SH SOLE 11,250 0 0
I-80 GOLD CORP COM 44955L106 54,382,553 35,862,753 SH SOLE 35,862,753 0 0
I-80 GOLD CORP *W EXP 11/16/202 44955L155 11,300,000 11,300,000 SH SOLE 11,300,000 0 0
IAMGOLD CORP COM 450913108 123,695,290 6,572,889 SH SOLE 6,572,888 0 0
IAMGOLD CORP CALL 450913908 1,129,200 60,000 SH Call SOLE 60,000 0 0
INGREDION INC COM 457187102 356,825 3,167 SH SOLE 3,167 0 0
INTEGRA RES CORP COM 45826T509 1,287,689 471,691 SH SOLE 471,691 0 0
INTERCONTINENTAL EXCHANGE IN COM 45866F104 792,709 5,040 SH SOLE 5,040 0 0
INTERNATIONAL FLAVORS&FRAGRA COM 459506101 481,768 6,640 SH SOLE 6,640 0 0
INTERNATIONAL TOWER HILL MIN COM 46050R102 23,040,694 9,959,165 SH SOLE 9,959,165 0 0
INVESCO QQQ TR PUT 46090E953 15,987,886 27,700 SH Put SOLE 27,700 0 0
ISHARES INC MSCI BRAZIL ETF 464286400 358,947 9,350 SH SOLE 9,350 0 0
ISHARES TR CORE US AGGBD ET 464287226 528,099 5,320 SH SOLE 5,320 0 0
ISHARES TR 20 YR TR BD ETF 464287432 364,511 4,205 SH SOLE 4,205 0 0
ISHARES TR CALL 464287900 12,550,360 131,500 SH Call SOLE 131,500 0 0
ISHARES SILVER TR ISHARES 46428Q109 2,830,843 41,545 SH SOLE 41,545 0 0
ISHARES INC MSCI JAPAN ETF 46434G822 596,991 7,070 SH SOLE 7,070 0 0
ISHARES TR 0-3 MNTH TREASRY 46436E718 954,848 9,486 SH SOLE 9,486 0 0
ISOENERGY LTD COM NEW 46500E867 701,659 66,444 SH SOLE 66,444 0 0
IVANHOE ELECTRIC INC COM 46578C108 214,048 18,109 SH SOLE 18,109 0 0
DAKOTA GOLD CORP COM 46655E100 6,226,226 1,232,916 SH SOLE 1,232,916 0 0
KINDER MORGAN INC DEL COM 49456B101 510,762 15,233 SH SOLE 15,233 0 0
KINROSS GOLD CORP COM 496902404 67,156,899 2,200,358 SH SOLE 2,200,359 0 0
LAM RESEARCH CORP COM NEW 512807306 384,588 1,800 SH SOLE 1,800 0 0
LANDBRIDGE COMPANY LLC CL A 514952100 6,808,606 98,604 SH SOLE 98,604 0 0
LARGO INC COM 517097101 845,307 754,739 SH SOLE 754,739 0 0
LARGO INC CALL 517097901 12,320 11,000 SH Call SOLE 11,000 0 0
LITHIUM AMERS CORP NEW COM SHS 53681J103 81,180 20,552 SH SOLE 20,552 0 0
LOCKHEED MARTIN CORP COM 539830109 241,921 400 SH SOLE 400 0 0
LUCID DIAGNOSTICS INC COM 54948X109 23,000 20,000 SH SOLE 20,000 0 0
MP MATERIALS CORP COM CL A 553368101 6,947,115 143,952 SH SOLE 143,952 0 0
MAKO MNG CORP COM NEW 56089A400 212,947 33,325 SH SOLE 33,325 0 0
MARATHON PETE CORP COM 56585A102 225,134 922 SH SOLE 922 0 0
MARAVAI LIFESCIENCES HLDGS I COM CL A 56600D107 28,300 10,000 SH SOLE 10,000 0 0
MARCUS & MILLICHAP INC COM 566324109 5,583,900 210,000 SH SOLE 210,000 0 0
MCEWEN INC COM NEW 58039P305 428,447 20,957 SH SOLE 20,957 0 0
METALLA RTY & STREAMING LTD COM NEW 59124U605 10,605,039 1,599,530 SH SOLE 1,599,530 0 0
MOSAIC CO COM 61945C103 216,521 8,491 SH SOLE 8,491 0 0
NVR INC COM 62944T105 474,468 72 SH SOLE 72 0 0
NERVGEN PHARMA CORP COM 64082X203 94,250 25,000 SH SOLE 25,000 0 0
VIPER ENERGY INC CL A 64361Q101 30,114,640 640,873 SH SOLE 640,872 0 0
NEW FOUND GOLD CORP COM 64440N103 14,986,998 7,725,030 SH SOLE 7,725,030 0 0
NEW PAC METALS CORP COM 64782A107 890,389 215,070 SH SOLE 215,070 0 0
NEWMONT CORP COM 651639106 17,647,287 163,023 SH SOLE 163,023 0 0
NEXGEN ENERGY LTD COM 65340P106 8,198,742 706,863 SH SOLE 706,863 0 0
NORTHERN DYNASTY MINERALS LT COM NEW 66510M204 91,683 65,488 SH SOLE 65,488 0 0
NUCOR CORP COM 670346105 34,914,077 206,470 SH SOLE 206,470 0 0
NVIDIA CORPORATION COM 67066G104 769,104 4,410 SH SOLE 4,410 0 0
NVIDIA CORPORATION PUT 67066G954 348,800 2,000 SH Put SOLE 2,000 0 0
NUTRIEN LTD COM 67077M108 3,917,472 51,915 SH SOLE 51,915 0 0
OCCIDENTAL PETE CORP COM 674599105 707,525 10,885 SH SOLE 10,885 0 0
ONEOK INC NEW COM 682680103 307,326 3,400 SH SOLE 3,400 0 0
OR ROYALTIES INC COM SHS 68390D106 89,887,036 2,362,660 SH SOLE 2,362,660 0 0
ORLA MNG LTD NEW COM 68634K106 698,655 43,314 SH SOLE 43,314 0 0
OSISKO DEVELOPMENT CORP *W EXP 05/27/202 68828E239 35,953 143,753 SH SOLE 143,753 0 0
OSISKO DEVELOPMENT CORP COM NEW 68828E809 4,542,486 1,397,688 SH SOLE 1,397,688 0 0
PAN AMERN SILVER CORP COM 697900108 77,921,664 1,426,336 SH SOLE 1,426,335 0 0
PATTERSON-UTI ENERGY INC COM 703481101 292,410 27,000 SH SOLE 27,000 0 0
PEABODY ENGR CORP COM 704551100 1,054,565 32,005 SH SOLE 32,005 0 0
PERPETUA RESOURCES CORP COM 714266103 63,596,234 2,261,602 SH SOLE 2,261,602 0 0
PETROLEO BRASILEIRO S A SPONSORED ADR 71654V408 4,769,076 229,835 SH SOLE 229,835 0 0
PROSHARES TR PSHS ULT S&P 500 74347R107 1,265,872 24,400 SH SOLE 24,400 0 0
PROSHARES TR ULTRAPRO QQQ 74347X831 1,283,744 30,800 SH SOLE 30,800 0 0
PROSHARES TR SHORT S&P 500 NE 74349Y753 379,300 10,000 SH SOLE 10,000 0 0
QUANTA SVCS INC COM 74762E102 1,784,832 3,251 SH SOLE 3,251 0 0
RELIANCE INC COM 759509102 16,201,063 53,307 SH SOLE 53,307 0 0
RING ENERGY INC COM 76680V108 436,050 285,000 SH SOLE 285,000 0 0
RIO TINTO PLC SPONSORED ADR 767204100 312,242 3,347 SH SOLE 3,347 0 0
ROYAL GOLD INC COM 780287108 38,452,636 151,097 SH SOLE 151,097 0 0
STATE STR SPDR S&P 500 ETF T TR UNIT 78462F103 229,153 352 SH SOLE 352 0 0
STATE STR SPDR S&P 500 ETF T PUT 78462F953 71,147,196 109,400 SH Put SOLE 109,400 0 0
SPDR GOLD TR GOLD SHS 78463V107 1,450,077 3,370 SH SOLE 3,370 0 0
SPDR SERIES TRUST PUT 78464A959 209,000 3,800 SH Put SOLE 3,800 0 0
SPDR SERIES TRUST STATE STREET SPD 78468R523 328,152 3,300 SH SOLE 3,300 0 0
SPDR SERIES TRUST STATE STREET SPD 78468R556 234,379 1,289 SH SOLE 1,289 0 0
SPDR SERIES TRUST STATE STREET SPD 78468R663 80,464,579 878,051 SH SOLE 878,051 0 0
SSR MINING IN COM 784730103 19,152,335 651,440 SH SOLE 651,440 0 0
SANTACRUZ SILVER MNG LTD COM NEW SHS 80280U205 2,470,496 285,407 SH SOLE 285,407 0 0
SLB LIMITED COM STK 806857108 7,086,887 137,904 SH SOLE 137,904 0 0
SEABRIDGE GOLD INC COM 811916105 1,400,733 49,426 SH SOLE 49,426 0 0
SELECT SECTOR SPDR TR STATE STREET ENE 81369Y506 2,248,181 36,699 SH SOLE 36,699 0 0
SELECT SECTOR SPDR TR PUT 81369Y955 6,146,565 124,500 SH Put SOLE 124,500 0 0
SIBANYE STILLWATER LTD SPONSORED ADR 82575P107 646,344 52,463 SH SOLE 52,463 0 0
SILVERCORP METALS INC COM 82835P103 2,692,999 250,740 SH SOLE 250,740 0 0
SKEENA RES LTD NEW COM 83056P715 30,254,114 1,017,709 SH SOLE 1,017,710 0 0
SMART SAND INC COM 83191H107 3,840,000 750,000 SH SOLE 750,000 0 0
SOCIEDAD QUIMICA Y MINERA DE SPON ADR SER B 833635105 4,952,084 61,182 SH SOLE 61,182 0 0
SOLARIS RES INC COM NEW 83419D201 15,120,788 1,761,374 SH SOLE 1,761,374 0 0
SOLITARIO RESOURCES CORP COM 8342EP107 27,333 33,333 SH SOLE 33,333 0 0
SOUTHERN COPPER CORP COM 84265V105 269,962 1,569 SH SOLE 1,569 0 0
SPROTT INC COM NEW 852066208 597,854,567 4,183,727 SH SOLE 4,183,727 0 0
SPROTT ASSET MANAGEMENT LP PHYSICAL GOLD TR 85207H104 74,762,023 2,109,488 SH SOLE 2,109,488 0 0
SPROTT ASSET MANAGEMENT LP PHYSICAL SILVER 85207K107 40,389,718 1,655,995 SH SOLE 1,655,995 0 0
SPROTT ASSET MANAGEMENT LP PHYSICAL PLATINU 85207Q104 2,483,666 159,927 SH SOLE 159,927 0 0
SPROTT FOCUS TR INC COM 85208J109 148,304,061 15,536,886 SH SOLE 15,536,886 0 0
SPROTT FDS TR URANIUM MINERS E 85208P303 1,980,314 31,359 SH SOLE 31,359 0 0
SPROTT FDS TR NICKEL MINERS ET 85208P600 730,296 45,615 SH SOLE 45,615 0 0
SPROTT FDS TR LITHIUM MINERS 85208P709 1,025,506 77,280 SH SOLE 77,280 0 0
SPROTT FDS TR ACTIVE METALS 85208P857 10,255,306 381,380 SH SOLE 381,380 0 0
SPROTT FDS TR ACTIVE GOLD & SI 85208P865 7,706,731 169,598 SH SOLE 169,598 0 0
SPROTT FDS TR SILVER MINERS 85208P873 656,901 11,100 SH SOLE 11,100 0 0
SPROTT FDS TR COPPER MINER ETF 85208P881 928,113 25,983 SH SOLE 25,983 0 0
SPROTT ASSET MANAGEMENT LP PHYSICAL GOLD AN 85208R101 30,955,630 648,693 SH SOLE 648,693 0 0
SPROTT ETF TRUST GOLD MINERS ETF 85210B102 2,268,625 30,052 SH SOLE 30,052 0 0
SPROTT ETF TRUST JR GOLD MINERS E 85210B201 2,810,426 32,649 SH SOLE 32,649 0 0
STEEL DYNAMICS INC COM 858119100 17,255,340 95,863 SH SOLE 95,863 0 0
SUNCOR ENERGY INC NEW COM 867224107 1,647,395 24,919 SH SOLE 24,919 0 0
TMC THE METALS COMPANY INC COM 87261Y106 51,533 11,035 SH SOLE 11,035 0 0
TRX GOLD CORPORATION COM 87283P109 128,549 85,699 SH SOLE 85,699 0 0
TASEKO MINES LTD COM 876511106 966,679 149,345 SH SOLE 149,345 0 0
TESLA INC COM 88160R101 695,544 1,871 SH SOLE 1,871 0 0
TEXAS PACIFIC LAND CORPORATI COM 88262P102 19,969,626 42,080 SH SOLE 42,080 0 0
THOR INDS INC COM 885160101 8,388,450 105,000 SH SOLE 105,000 0 0
TRILOGY METALS INC NEW COM 89621C105 434,796 121,113 SH SOLE 121,113 0 0
TRIPLE FLAG PRECIOUS METAL COM 89679M104 35,608,649 1,025,889 SH SOLE 1,025,890 0 0
UNITED STS OIL FD LP PUT 91232N957 2,799,500 22,000 SH Put SOLE 22,000 0 0
UR-ENERGY INC COM 91688R108 239,410 160,678 SH SOLE 160,678 0 0
URANIUM ENERGY CORP COM 916896103 10,114,754 749,241 SH SOLE 749,241 0 0
URANIUM RTY CORP COM 91702V101 5,907,416 1,618,470 SH SOLE 1,618,470 0 0
VALE S A SPONSORED ADS 91912E105 1,905,256 119,752 SH SOLE 119,752 0 0
VANECK MERK GOLD ETF GOLD SHS 921078101 2,008,464 44,583 SH SOLE 44,583 0 0
VANECK ETF TRUST GOLD MINERS ETF 92189F106 6,066,181 66,102 SH SOLE 66,102 0 0
VANECK ETF TRUST JUNIOR GOLD MINE 92189F791 240,320 2,002 SH SOLE 2,002 0 0
VANECK ETF TRUST PUT 92189F951 25,904,632 215,800 SH Put SOLE 215,800 0 0
VANECK ETF TRUST OIL SERVICES ETF 92189H607 557,810 1,380 SH SOLE 1,380 0 0
VANGUARD SCOTTSDALE FDS SHRT TRM CORP BD 92206C409 5,184,258 65,400 SH SOLE 65,400 0 0
VERSAMET ROYALTIES CORP COM NEW 92528V200 2,068,230 217,641 SH SOLE 217,641 0 0
VISTA GOLD CORP COM NEW 927926303 560,250 285,842 SH SOLE 285,842 0 0
VISHAY INTERTECHNOLOGY INC COM 928298108 5,400,000 300,000 SH SOLE 300,000 0 0
VIZSLA SILVER CORP COM NEW 92859G608 56,474,556 17,068,053 SH SOLE 17,068,052 0 0
WARRIOR MET COAL INC COM 93627C101 873,843 9,381 SH SOLE 9,381 0 0
WESTERN COPPER & GOLD CORP COM 95805V108 219,680 86,830 SH SOLE 86,830 0 0
WESTLAKE CORPORATION COM 960413102 15,491,500 132,610 SH SOLE 132,610 0 0
WHEATON PRECIOUS METALS CORP COM 962879102 114,580,912 873,752 SH SOLE 873,752 0 0
ANGLOGOLD ASHANTI PLC COM SHS G0378L100 61,489,932 631,573 SH SOLE 631,573 0 0
BITFUFU INC *W EXP 03/01/202 G1152A120 1,875 15,000 SH SOLE 15,000 0 0
ASA GOLD AND PRECIOUS MTLS L SHS G3156P103 12,417,351 200,183 SH SOLE 200,183 0 0
HIMALAYA SHIPPING LTD ORD SHS G4660A103 598,500 45,000 SH SOLE 45,000 0 0
FREIGHTOS LTD *W EXP 99/99/999 G51405119 1,700 10,000 SH SOLE 10,000 0 0
LIFEZONE METALS LIMITED ORD SHS G5568L109 308,636 91,856 SH SOLE 91,856 0 0
LIFEZONE METALS LIMITED *W EXP 07/05/202 G5568L117 277,383 676,544 SH SOLE 676,544 0 0
JOBY AVIATION INC COMMON STOCK G65163100 158,220 19,155 SH SOLE 19,155 0 0
NOBLE CORP PLC ORD SHS A G65431127 1,962,800 40,000 SH SOLE 40,000 0 0
TSAKOS ENERGY NAVIGATION LTD SHS G9108L173 2,872,688 72,800 SH SOLE 72,800 0 0
BUNGE GLOBAL SA COM SHS H11356104 306,298 2,408 SH SOLE 2,408 0 0
ALTISOURCE PORTFOLIO SOLUTIO *W EXP 04/30/203 L0175J112 6,118 16,100 SH SOLE 16,100 0 0
FRONTLINE PLC COM M46528101 1,632,633 46,834 SH SOLE 46,834 0 0
ARDMORE SHIPPING CORP COM Y0207T100 2,093,825 137,300 SH SOLE 137,300 0 0
BW LPG LTD COM Y10230103 1,372,230 79,000 SH SOLE 79,000 0 0
DHT HOLDINGS INC SHS NEW Y2065G121 1,161,789 63,590 SH SOLE 63,590 0 0
DORIAN LPG LTD SHS USD Y2106R110 1,197,000 35,000 SH SOLE 35,000 0 0
HAFNIA LTD SHS Y2990R101 1,497,200 197,000 SH SOLE 197,000 0 0
INTERNATIONAL SEAWAYS INC COM Y41053102 2,199,664 30,182 SH SOLE 30,182 0 0
OKEANIS ECO TANKERS COR SHS Y64177101 799,322 15,800 SH SOLE 15,800 0 0
SCORPIO TANKERS INC SHS Y7542C130 746,600 10,000 SH SOLE 10,000 0 0