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 (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ABBVIE INC COM 00287y109 5,511 40,701 SH   SOLE   40,701 0 0
AGNICO EAGLE MINES LTD COM 008474108 7,137 134,297 SH   SOLE   134,067 0 230
APACHE CORP COM 03743Q108 3,226 119,953 SH   SOLE   119,953 0 0
BAKER HUGHES A GE CO CL A COM 05722g100 844 35,085 SH   SOLE   35,085 0 0
BARRICK GOLD CORP COM 067901108 12,111 637,416 SH   SOLE   636,683 0 733
BERKSHIRE HATHAWAY CL B COM 084670702 34,734 116,168 SH   SOLE   116,001 0 167
BERKSHIRE HATHAWAY HLD A COM 084670108 451 1 SH   SOLE   1 0 0
CADENCE NTNL BANK GATESVILLE T COM 12740c103 781 26,213 SH   SOLE   26,213 0 0
CAMECO CORP COM 13321l108 18,019 826,196 SH   SOLE   824,261 0 1,935
CENOVUS ENERGY, INC. COM 15135U109 3,907 318,150 SH   SOLE   317,963 0 187
CHEVRON COM 166764100 27,195 231,744 SH   SOLE   231,611 0 133
CHUBB LTD INC COM H1467J104 297 1,537 SH   SOLE   1,537 0 0
CISCO SYSTEMS COM 17275R102 9,312 146,953 SH   SOLE   146,786 0 167
CONOCOPHILLIPS COM 20825c104 23,315 323,012 SH   SOLE   322,609 0 403
CORNING COM 219350105 3,760 100,993 SH   SOLE   100,720 0 273
DEVON ENERGY COM 25179m103 2,969 67,391 SH   SOLE   67,391 0 0
EASTMAN CHEMICAL COM 277432100 363 3,000 SH   SOLE   3,000 0 0
EXXON MOBIL COM 30231G102 25,949 424,071 SH   SOLE   423,258 0 813
FEDERATED HERMES, INC COM 314211103 14,313 380,869 SH   SOLE   380,117 0 752
FRANKLIN RES INC COM 354613101 15,545 464,165 SH   SOLE   463,565 0 600
FREEPORT-MCMORAN INC. COM 35671d857 9,855 236,162 SH   SOLE   236,162 0 0
GILEAD SCIENCES INC COM 375558103 11,811 162,662 SH   SOLE   162,462 0 200
GLATFELTER CORP COM 377320106 6,895 400,875 SH   SOLE   400,114 0 761
GRAFTECH INTERNATIONAL LTD COM 384313508 6,886 582,072 SH   SOLE   580,935 0 1,137
HP INC COM 40434L105 12,135 322,140 SH   SOLE   321,540 0 600
IMPERIAL OIL LTD COM 453038408 387 10,725 SH   SOLE   10,725 0 0
INTEL CORP. COM 458140100 13,911 270,124 SH   SOLE   269,607 0 517
INTERNATIONAL BUSINESS MACHINE COM 459200101 204 1,524 SH   SOLE   1,524 0 0
KRAFT HEINZ COMPANY COM 500754106 11,022 307,013 SH   SOLE   306,613 0 400
LOEWS COM 540424108 7,677 132,915 SH   SOLE   132,915 0 0
LUMEN TECHNOLOGIES COM 550241103 27,795 2,214,703 SH   SOLE   2,210,456 0 4,247
MARATHON PETROLEUM CORP COM 56585a102 341 5,334 SH   SOLE   5,334 0 0
MERCK AND CO. INC. COM 58933Y105 16,525 215,614 SH   SOLE   215,187 0 427
MOSAIC COM 61945c103 25,769 655,857 SH   SOLE   654,924 0 933
NEWMONT GOLDCORP COM 651639106 37,956 612,004 SH   SOLE   611,324 0 680
ORGANON & CO COM 68622v106 646 21,228 SH   SOLE   21,186 0 42
OVINTIV INC COM 69047q102 2,708 80,343 SH   SOLE   80,039 0 304
PEMBINA PIPELINE CORP COM 706327103 1,303 42,950 SH   SOLE   42,950 0 0
PERMIAN BASIN ROYALTY TRUST COM 714236106 7,241 716,920 SH   SOLE   715,853 0 1,067
PFIZER COM 717081103 23,652 400,546 SH   SOLE   399,746 0 800
PHILLIPS 66 COM 718546104 4,852 66,967 SH   SOLE   66,967 0 0
PRECISION DRILLING CORP COM 74022d407 479 13,522 SH   SOLE   13,432 0 90
SAN JUAN BASIN ROYALTY TRUST COM 798241105 98 16,125 SH   SOLE   16,125 0 0
SANOFI COM 80105n105 12,050 240,525 SH   SOLE   240,125 0 400
TECK RESOURCES LTD CL B COM 878742204 32,524 1,128,528 SH   SOLE   1,127,395 0 1,133
TEJON RANCH CO COM 879080109 7,927 415,486 SH   SOLE   414,699 0 787
THE TRAVELERS COS., INC. COM 89417e109 383 2,448 SH   SOLE   2,448 0 0
TRANSOCEAN, LTD COM H8817H100 593 214,721 SH   SOLE   214,454 0 267
TSAKOS ENERGY NAVIGATION LTD COM g9108l173 2,036 281,174 SH   SOLE   281,174 0 0
VIACOMCBS INC COM 92556h206 18,247 604,615 SH   SOLE   603,427 0 1,188
WAL-MART STORES COM 931142103 563 3,890 SH   SOLE   3,890 0 0