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
AGNICO EAGLE MINES LTD COM 008474108 5,078 110,978 SH   SOLE   46,657 0 64,321
ALAMOS GOLD INC NEW COM CL A 011532108 1,835 261,503 SH   SOLE   225,460 0 36,043
AMERISERV FINL INC COM 03074A102 1,018 258,565 SH   SOLE   258,565 0 0
AMREP CORP COM 032159105 796 70,950 SH   SOLE   70,950 0 0
BUILD-A-BEAR WORKSHOP INC COM 120076104 4,537 276,355 SH   SOLE   276,355 0 0
BAYCOM CORP COM 07272M107 405 19,602 SH   SOLE   19,602 0 0
1895 BANCORP OF WIS INC COM 28253R105 114 11,212 SH   SOLE   11,212 0 0
BRT APARTMENTS CORP COM 055645303 7,760 361,105 SH   SOLE   220,322 0 140,783
SPROTT PHYSICAL GOLD & SILVE TR UNIT 85208R101 581 34,570 SH   SOLE   6,060 0 28,510
CFSB BANCORP INC COM 12530C107 92 10,000 SH   SOLE   10,000 0 0
CISCO SYS INC COM 17275R102 4,030 94,530 SH   SOLE   21,785 0 72,745
CULLMAN BANCORP INC COM 230153108 282 25,000 SH   SOLE   25,000 0 0
DHT HOLDINGS INC SHS NEW Y2065G121 1,072 175,000 SH   SOLE   175,000 0 0
DIAMOND OFFSHORE DRILLING IN COM 25271C201 824 140,000 SH   SOLE   140,000 0 0
EASTERN BANKSHARES INC COM 27627N105 1,004 54,400 SH   SOLE   54,400 0 0
EAGLE BANCORP MONT INC COM 26942G100 822 41,326 SH   SOLE   41,326 0 0
EMX RTY CORP COM 26873J107 830 448,156 SH   SOLE   397,556 0 50,600
ENGLOBAL CORP COM 293306106 682 717,400 SH   SOLE   717,400 0 0
EQUINOX GOLD CORP COM 29446Y502 911 204,723 SH   SOLE   179,357 0 25,366
ESSA BANCORP INC COM 29667D104 1,447 86,175 SH   SOLE   86,175 0 0
EURONAV NV SHS B38564108 226 19,000 SH   SOLE   19,000 0 0
FFBW INC MD COM 30260M103 607 50,000 SH   SOLE   50,000 0 0
FLUSHING FINL CORP COM 343873105 567 26,700 SH   SOLE   26,700 0 0
FIRST NORTHWEST BANCORP COM 335834107 955 61,219 SH   SOLE   61,219 0 0
FRP HLDGS INC COM 30292L107 2,859 47,384 SH   SOLE   47,374 0 10
FIRST SEACOAST BANCORP COM 33631P102 580 54,266 SH   SOLE   54,266 0 0
VANECK ETF TRUST GOLD MINERS ETF 92189F106 440 16,075 SH   SOLE   0 0 16,075
SPDR GOLD TR GOLD SHS 78463V107 4,237 25,152 SH   SOLE   200 0 24,952
CORNING INC COM 219350105 2,988 94,858 SH   SOLE   26,015 0 68,843
ALPHABET INC CAP STK CL A 02079K305 566 260 SH   SOLE   242 0 18
HOME FED BANCORP INC LA NEW COM 43708L108 1,157 58,864 SH   SOLE   58,864 0 0
HECLA MNG CO COM 422704106 1,408 359,195 SH   SOLE   300,210 0 58,985
HOMETRUST BANCSHARES INC COM 437872104 1,335 53,408 SH   SOLE   52,708 0 700
HURCO CO COM 447324104 1,391 56,229 SH   SOLE   56,229 0 0
INTEL CORP COM 458140100 3,381 90,390 SH   SOLE   26,525 0 63,865
IF BANCORP INC COM 44951J105 842 44,350 SH   SOLE   44,350 0 0
MCEWEN MNG INC COM 58039P107 141 321,700 SH   SOLE   10,980 0 310,720
NEWMONT CORP COM 651639106 1,263 21,168 SH   SOLE   20,568 0 600
NEW GOLD INC CDA COM 644535106 906 846,870 SH   SOLE   762,020 0 84,850
OSISKO GOLD ROYALTIES LTD COM 68827L101 1,579 156,395 SH   SOLE   140,300 0 16,095
PATRIOT TRANSN HLDG INC COM 70338W105 922 123,990 SH   SOLE   123,990 0 0
PB BANKSHARES INC COM 69318V103 213 16,255 SH   SOLE   16,255 0 0
PATHFINDER BANCORP INC MD COM 70319R109 1,827 91,718 SH   SOLE   91,718 0 0
PFIZER INC COM 717081103 7,475 142,581 SH   SOLE   26,645 0 115,936
SPROTT PHYSICAL GOLD TR UNIT 85207H104 311 22,000 SH   SOLE   22,000 0 0
RICHMOND MUT BANCORPORATION COM 76525P100 559 40,000 SH   SOLE   40,000 0 0
SALISBURY BANCORP INC COM 795226109 389 8,247 SH   SOLE   8,247 0 0
SANDSTORM GOLD LTD COM NEW 80013R206 1,333 224,140 SH   SOLE   189,160 0 34,980
SOUND FINL BANCORP INC COM 83607A100 1,364 35,945 SH   SOLE   35,945 0 0
SILVERCREST METALS INC COM 828363101 1,380 226,245 SH   SOLE   194,235 0 32,010
SEACOR MARINE HLDGS INC COM 78413P101 4,910 852,578 SH   SOLE   283,135 0 569,443
TAYLOR DEVICES INC COM 877163105 1,091 125,594 SH   SOLE   125,594 0 0
TC BANCSHARES INC COM 87224V108 340 25,000 SH   SOLE   25,000 0 0
TEXAS COMMUNITY BANCSHARES I COM 88231Q108 411 25,000 SH   SOLE   25,000 0 0
TRINITY PL HLDGS INC COM 89656D101 622 616,014 SH   SOLE   616,014 0 0
TEJON RANCH CO COM 879080109 915 58,981 SH   SOLE   58,981 0 0
WILLIAM PENN BANCORPORATION COM 96927A105 1,755 150,000 SH   SOLE   150,000 0 0
WALMART INC COM 931142103 268 2,205 SH   SOLE   0 0 2,205