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
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 FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
AGNICO EAGLE MINES LTD COM 008474108   5,026,712 98,621 SH   SOLE   32,993 0 65,628
ALAMOS GOLD INC NEW COM CL A 011532108   2,828,151 231,943 SH   SOLE   190,900 0 41,043
AMERISERV FINL INC COM 03074A102   788,623 258,565 SH   SOLE   258,565 0 0
AMREP CORP COM 032159105   992,591 70,950 SH   SOLE   70,950 0 0
BUILD-A-BEAR WORKSHOP INC COM 120076104   6,422,490 276,355 SH   SOLE   276,355 0 0
1895 BANCORP OF WIS INC COM 28253R105   90,144 11,212 SH   SOLE   11,212 0 0
BRT APARTMENTS CORP COM 055645303   6,644,772 336,956 SH   SOLE   200,223 0 136,733
SPROTT PHYSICAL GOLD & SILVE TR UNIT 85208R101   631,121 33,375 SH   SOLE   6,060 0 27,315
CFSB BANCORP INC COM 12530C107   77,700 10,000 SH   SOLE   10,000 0 0
CLIPPER RLTY INC COM 18885T306   554,444 96,593 SH   SOLE   96,593 0 0
CISCO SYS INC COM 17275R102   4,737,526 90,627 SH   SOLE   19,785 0 70,842
CULLMAN BANCORP INC COM 230153108   268,750 25,000 SH   SOLE   25,000 0 0
DIAMOND OFFSHORE DRILLING IN COM 25271C201   3,190,600 265,000 SH   SOLE   265,000 0 0
EASTERN BANKSHARES INC COM 27627N105   686,528 54,400 SH   SOLE   54,400 0 0
EAGLE BANCORP MONT INC COM 26942G100   583,110 41,326 SH   SOLE   41,326 0 0
ECB BANCORP INC COM 26828M106   763,400 55,000 SH   SOLE   55,000 0 0
EMX RTY CORP COM 26873J107   595,480 299,236 SH   SOLE   248,636 0 50,600
ENGLOBAL CORP COM 293306106   228,913 477,400 SH   SOLE   477,400 0 0
EQUINOX GOLD CORP COM 29446Y502   1,049,922 204,723 SH   SOLE   175,423 0 29,300
ESSA BANCORP INC COM 29667D104   1,354,671 86,175 SH   SOLE   86,175 0 0
FLUSHING FINL CORP COM 343873105   397,563 26,700 SH   SOLE   26,700 0 0
FIRST NORTHWEST BANCORP COM 335834107   704,019 61,219 SH   SOLE   61,219 0 0
FRP HLDGS INC COM 30292L107   2,742,586 47,384 SH   SOLE   47,374 0 10
FIRST SEACOAST BANCORP INC COM 33631F104   735,760 85,355 SH   SOLE   85,355 0 0
VANECK ETF TRUST GOLD MINERS ETF 92189F106   506,439 15,655 SH   SOLE   0 0 15,655
SPDR GOLD TR GOLD SHS 78463V107   4,639,497 25,322 SH   SOLE   200 0 25,122
GREAT LAKES DREDGE & DOCK CO COM 390607109   1,869,006 344,200 SH   SOLE   344,200 0 0
CORNING INC COM 219350105   3,567,055 101,107 SH   SOLE   25,015 0 76,092
ALPHABET INC CAP STK CL A 02079K305   662,835 6,390 SH   SOLE   4,840 0 1,550
HOME FED BANCORP INC LA NEW COM 43708L108   1,004,808 58,864 SH   SOLE   58,864 0 0
HECLA MNG CO COM 422704106   1,783,762 281,795 SH   SOLE   198,810 0 82,985
HOMETRUST BANCSHARES INC COM 437872104   1,313,303 53,408 SH   SOLE   52,708 0 700
HURCO CO COM 447324104   4,367,725 172,501 SH   SOLE   119,381 0 53,120
INTEL CORP COM 458140100   2,627,321 80,420 SH   SOLE   19,900 0 60,520
IF BANCORP INC COM 44951J105   689,199 44,350 SH   SOLE   44,350 0 0
MCEWEN MNG INC COM NEW 58039P305   206,092 24,332 SH   SOLE   1,098 0 23,234
NEWMONT CORP COM 651639106   1,755,945 35,821 SH   SOLE   35,221 0 600
NEW GOLD INC CDA COM 644535106   931,557 846,870 SH   SOLE   713,420 0 133,450
ORION ENGINEERED CARBONS S A COM L72967109   1,821,082 69,800 SH   SOLE   69,800 0 0
OSISKO GOLD ROYALTIES LTD COM 68827L101   2,468,664 156,395 SH   SOLE   135,300 0 21,095
PATRIOT TRANSN HLDG INC COM 70338W105   1,191,920 148,990 SH   SOLE   148,990 0 0
PB BANKSHARES INC COM 69318V103   212,128 16,255 SH   SOLE   16,255 0 0
PATHFINDER BANCORP INC MD COM 70319R109   1,583,970 91,718 SH   SOLE   91,718 0 0
PFIZER INC COM 717081103   5,788,337 141,871 SH   SOLE   27,845 0 114,026
SPROTT PHYSICAL GOLD TR UNIT 85207H104   301,470 19,500 SH   SOLE   19,500 0 0
RICHMOND MUT BANCORPORATION COM 76525P100   414,800 40,000 SH   SOLE   40,000 0 0
SALISBURY BANCORP INC COM 795226109   397,505 16,494 SH   SOLE   16,494 0 0
SANDSTORM GOLD LTD COM NEW 80013R206   1,237,472 212,990 SH   SOLE   178,010 0 34,980
SOUND FINL BANCORP INC COM 83607A100   1,330,324 35,945 SH   SOLE   35,945 0 0
SILVERCREST METALS INC COM 828363101   1,082,319 152,405 SH   SOLE   120,395 0 32,010
SEACOR MARINE HLDGS INC COM 78413P101   5,418,617 712,039 SH   SOLE   217,742 0 494,297
TAYLOR DEVICES INC COM 877163105   2,516,904 125,594 SH   SOLE   125,594 0 0
TC BANCSHARES INC COM 87224V108   363,750 25,000 SH   SOLE   25,000 0 0
TEXAS COMMUNITY BANCSHARES I COM 88231Q108   341,500 25,000 SH   SOLE   25,000 0 0
TIDEWATER INC NEW COM 88642R109   237,150 5,380 SH   SOLE   0 0 5,380
TRINITY PL HLDGS INC COM 89656D101   295,687 616,014 SH   SOLE   616,014 0 0
TEJON RANCH CO COM 879080109   1,077,583 58,981 SH   SOLE   58,981 0 0
U HAUL HOLDING COMPANY COM 023586100   373,707 6,265 SH   SOLE   2,825 0 3,440
U HAUL HOLDING COMPANY COM SER N 023586506   2,420,877 46,690 SH   SOLE   16,875 0 29,815
WILLIAM PENN BANCORPORATION COM 96927A105   1,699,500 150,000 SH   SOLE   150,000 0 0
WALMART INC COM 931142103   420,970 2,855 SH   SOLE   0 0 2,855