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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
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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
ALEXCO RESOURCE CORP COM 01535P106 1,643 730,000 SH   SOLE   730,000 0 0
APOLLO ENDOSURGERY INC COM 03767D108 2,174 1,329,512 SH   SOLE   1,329,512 0 0
COEUR MNG INC COM NEW 192108504 20,320 4,000,000 SH   SOLE   4,000,000 0 0
FIRST MAJESTIC SILVER CORP COM 32076V103 20,895 2,100,000 SH   SOLE   2,100,000 0 0
FIRST TR NASDAQ-100 TECH IND DJ INTERNT IDX 33733E302 375 2,200 SH   SOLE   2,200 0 0
FORTUNA SILVER MINES INC COM 349915108 12,956 2,545,355 SH   SOLE   2,545,355 0 0
GOLDEN STAR RES LTD CDA COM 38119T807 27,997 9,654,216 SH   SOLE   9,654,216 0 0
HARMONY GOLD MINING CO LTD SPONSORED ADR 413216300 35,445 8,500,000 SH   SOLE   8,500,000 0 0
INVESCO QQQ TR UNIT SER 1 46090E103 347 1,400 SH   SOLE   1,400 0 0
KINROSS GOLD CORP COM 496902404 28,880 4,000,000 SH   SOLE   4,000,000 0 0
KIRKLAND LAKE GOLD LTD COM 49741E100 48,985 1,187,795 SH   SOLE   1,187,795 0 0
REATA PHARMACEUTICALS INC CL A 75615P103 477,978 3,063,567 SH   SOLE   3,063,567 0 0
SCORPIO BULKERS INC COM Y7546A130 14,044 917,915 SH   SOLE   917,915 0 0
SIBANYE STILLWATER LTD SPONSORED ADR 82575P107 40,001 4,624,441 SH   SOLE   4,624,441 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 11,032 35,776 SH   SOLE   35,776 0 0
SPROTT ETF TR GOLD MINERS ETF 85210B102 332 10,500 SH   SOLE   10,500 0 0
TIDEWATER INC NEW COM 88642R109 5,645 1,009,782 SH   SOLE   1,009,782 0 0