The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete. | |||||||||||||||||
|
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F FORM 13F INFORMATION TABLE |
|
||||||||||||||||
| 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 |
| AUTOZONE INC | COM | 053332102 | 445 | 600 | SH | Put | SOLE | 600 | 0 | 0 | |
| BARRICK GOLD CORP | COM | 067901108 | 46,985 | 6,366,463 | SH | SOLE | 3,322,429 | 0 | 3,044,034 | ||
| CAMECO CORP | COM | 13321L108 | 74,788 | 6,065,594 | SH | SOLE | 3,333,720 | 0 | 2,731,874 | ||
| CENTRAIS ELETRICAS BRASILEIR | SPON ADR PFD B | 15234Q108 | 6,082 | 2,357,251 | SH | SOLE | 2,357,251 | 0 | 0 | ||
| CLOUD PEAK ENERGY INC | COM | 18911Q102 | 7,276 | 3,498,418 | SH | SOLE | 2,380,787 | 0 | 1,117,631 | ||
| CONSOL ENERGY INC | COM | 20854P109 | 14,345 | 1,815,763 | SH | SOLE | 1,021,523 | 0 | 794,240 | ||
| DIANA SHIPPING INC | COM | Y2066G104 | 11,743 | 2,699,879 | SH | SOLE | 1,389,165 | 0 | 1,310,714 | ||
| GOLDCORP INC NEW | COM | 380956409 | 22,383 | 1,936,314 | SH | SOLE | 1,038,790 | 0 | 897,524 | ||
| HOME DEPOT INC | COM | 437076102 | 1,125 | 8,500 | SH | Put | SOLE | 8,500 | 0 | 0 | |
| KBR INC | COM | 48242W106 | 7,627 | 450,637 | SH | SOLE | 239,355 | 0 | 211,282 | ||
| KINROSS GOLD CORP | COM NO PAR | 496902404 | 48,098 | 26,427,711 | SH | SOLE | 14,024,500 | 0 | 12,403,211 | ||
| KT CORP | SPONSORED ADR | 48268K101 | 8,580 | 720,296 | SH | SOLE | 497,426 | 0 | 222,870 | ||
| LAYNE CHRISTENSEN CO | COM | 521050104 | 5,630 | 1,070,381 | SH | SOLE | 766,392 | 0 | 303,989 | ||
| MARKET VECTORS ETF TR | JR GOLD MINERS E | 57061R544 | 2,562 | 133,372 | SH | SOLE | 0 | 0 | 133,372 | ||
| NAM TAI PPTY INC | SHS | G63907102 | 4,294 | 741,670 | SH | SOLE | 487,107 | 0 | 254,563 | ||
| NEW GOLD INC CDA | COM | 644535106 | 11,042 | 4,759,048 | SH | SOLE | 2,617,394 | 0 | 2,141,654 | ||
| NEWMONT MINING CORP | COM | 651639106 | 3,092 | 171,898 | SH | SOLE | 35,653 | 0 | 136,245 | ||
| NORTHERN DYNASTY MINERALS LT | COM NEW | 66510M204 | 2,025 | 6,591,473 | SH | SOLE | 6,316,833 | 0 | 274,640 | ||
| NOVAGOLD RES INC | COM NEW | 66987E206 | 12,280 | 2,916,482 | SH | SOLE | 1,188,985 | 0 | 1,727,497 | ||
| PANDORA MEDIA INC | COM | 698354107 | 22,486 | 1,676,805 | SH | SOLE | 861,739 | 0 | 815,066 | ||
| PEABODY ENERGY CORP | COM NEW | 704549203 | 8,021 | 1,044,535 | SH | SOLE | 498,315 | 0 | 546,220 | ||
| ROYAL GOLD INC | COM | 780287108 | 19,524 | 535,350 | SH | SOLE | 311,655 | 0 | 223,695 | ||
| SAFE BULKERS INC | COM | Y7388L103 | 3,453 | 4,261,989 | SH | SOLE | 2,590,897 | 0 | 1,671,092 | ||
| SILVER STD RES INC | COM | 82823L106 | 16,283 | 3,143,372 | SH | SOLE | 1,744,665 | 0 | 1,398,707 | ||
| SILVER WHEATON CORP | COM | 828336107 | 16,566 | 1,333,825 | SH | SOLE | 756,106 | 0 | 577,719 | ||
| SKYWEST INC | COM | 830879102 | 26,019 | 1,367,897 | SH | SOLE | 651,083 | 0 | 716,814 | ||
| SOCIEDAD QUIMICA MINERA DE C | SPON ADR SER B | 833635105 | 8,178 | 430,175 | SH | SOLE | 244,310 | 0 | 185,865 | ||
| STARBUCKS CORP | COM | 855244109 | 516 | 8,600 | SH | Put | SOLE | 8,600 | 0 | 0 | |
| TIFFANY & CO NEW | COM | 886547108 | 374 | 4,900 | SH | Put | SOLE | 4,900 | 0 | 0 | |
| TSAKOS ENERGY NAVIGATION LTD | SHS | G9108L108 | 9,393 | 1,186,047 | SH | SOLE | 611,184 | 0 | 574,863 | ||
| TURQUOISE HILL RES LTD | COM | 900435108 | 22,224 | 8,750,294 | SH | SOLE | 4,829,785 | 0 | 3,920,509 | ||
| YANDEX N V | SHS CLASS A | N97284108 | 22,027 | 1,401,135 | SH | SOLE | 674,329 | 0 | 726,806 | ||