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
ADVANTAGE OIL & GAS LTD COM 00765F101 521 100,000 SH   SOLE   100,000 0 0
AGNICO EAGLE MINES LTD COM 008474108 11,784 465,417 SH   SOLE   465,417 0 0
AGRIUM INC COM 008916108 451 5,035 SH   SOLE   5,035 0 0
ALAMOS GOLD INC COM 011532108 3,025 819,909 SH   SOLE   819,909 0 0
ALCOA INC COM 013817101 145 15,000 SH   SOLE   15,000 0 0
ALEXCO RESOURCE CORP COM 01535P106 1,129 2,821,750 SH   SOLE   2,821,750 0 0
ALPS ETF TR ALERIAN MLP COM 00162Q866 231 18,515 SH   SOLE   18,515 0 0
ALPS ETF TR SPROTT GOLD MINERS COM 00162Q643 2,108 167,600 SH   SOLE   167,600 0 0
ALPS ETF TR SPROTT JR GOLD MINERS COM 00162Q585 12,456 625,000 SH   SOLE   625,000 0 0
APPLE INC COM 037833100 35,764 324,245 SH   SOLE   324,245 0 0
APPLE INC CALL 037833900 287 2,600 SH   SOLE   2,600 0 0
ASANKO GOLD INC COM 04341Y105 4,885 3,323,389 SH   SOLE   3,323,389 0 0
B2GOLD CORP COM 11777Q209 2,045 1,947,964 SH   SOLE   1,947,964 0 0
BAYTEX ENERGY CORP COM 07317Q105 1,920 600,000 SH   SOLE   600,000 0 0
BERKSHIRE HATHAWAY INC CL B COM 084670702 4,955 38,000 SH   SOLE   38,000 0 0
BHP BILLITON LTD COM 088606108 220 6,945 SH   SOLE   6,945 0 0
BUCKLE INC COM 118440106 5,361 145,000 SH   SOLE   145,000 0 0
CAE INC COM 124765108 15,103 1,422,160 SH   SOLE   1,422,160 0 0
CAL MAINE FOODS INC COM 128030202 10,025 183,568 SH   SOLE   183,568 0 0
CAMECO CORP COM 13321L108 374 30,710 SH   SOLE   30,710 0 0
CANADIAN NAT RES LTD COM 136385101 194 10,000 SH   SOLE   10,000 0 0
CDN IMPERIAL BK COMM COM 136069101 24,107 335,000 SH   SOLE   335,000 0 0
CDN IMPERIAL BK COMM PUT 136069951 24,107 335,000 SH   SOLE   335,000 0 0
CENTRAL FD CDA LTD CL A COM 153501101 577 54,515 SH   SOLE   54,515 0 0
CHICOS FAS INC COM 168615102 3,146 200,000 SH   SOLE   200,000 0 0
CIRRUS LOGIC INC COM 172755100 8,665 275,000 SH   SOLE   275,000 0 0
COACH INC COM 189754104 1,880 65,000 SH   SOLE   65,000 0 0
COEUR MNG INC COM 192108504 963 341,500 SH   SOLE   341,500 0 0
COMPANIA DE MINAS BUENAVENTU COM 204448104 675 113,200 SH   SOLE   113,200 0 0
CRESCENT PT ENERGY CORP COM 22576C101 4,348 380,425 SH   SOLE   380,425 0 0
CVS HEALTH CORP COM 126650100 19,971 207,000 SH   SOLE   207,000 0 0
DENISON MINES CORP COM 248356107 605 1,582,790 SH   SOLE   1,582,790 0 0
DISCOVER FINL SVCS COM 254709108 30,530 587,220 SH   SOLE   587,220 0 0
DISNEY WALT CO COM 254687106 664 6,500 SH   SOLE   6,500 0 0
DOMINION DIAMOND CORP COM 257287102 1,080 101,100 SH   SOLE   101,100 0 0
DRDGOLD LIMITED COM 26152H301 15 10,200 SH   SOLE   10,200 0 0
ENBRIDGE INC COM 29250N105 26,798 721,730 SH   SOLE   721,730 0 0
ENERPLUS CORP COM 292766102 1,944 400,000 SH   SOLE   400,000 0 0
EOG RES INC COM 26875P101 218 3,000 SH   SOLE   3,000 0 0
EURASIAN MINERALS INC COM 29843R100 3,162 6,874,901 SH   SOLE   6,874,901 0 0
EXXON MOBIL CORP COM 30231G102 4,912 66,066 SH   SOLE   66,066 0 0
FEDEX CORP COM 31428X106 11,878 82,500 SH   SOLE   82,500 0 0
FIRST MAJESTIC SILVER CORP COM 32076V103 1,797 561,528 SH   SOLE   561,528 0 0
FIRST TRUST DJ INTERNT INDEX COM 33733E302 205 3,100 SH   SOLE   3,100 0 0
FISERV INC COM 337738108 693 8,000 SH   SOLE   8,000 0 0
FORTUNA SILVER MINES INC COM 349915108 5,226 2,397,220 SH   SOLE   2,397,220 0 0
FRANCO NEVADA CORP COM 351858105 11,860 269,415 SH   SOLE   269,415 0 0
FRANKLIN RES INC COM 354613101 8,812 236,500 SH   SOLE   236,500 0 0
GAMESTOP CORP COM 36467W109 9,684 235,000 SH   SOLE   235,000 0 0
GARMIN LTD COM H2906T109 3,767 105,000 SH   SOLE   105,000 0 0
GENERAL ELECTRIC CO COM 369604103 5,155 204,400 SH   SOLE   204,400 0 0
GILDAN ACTIVEWEAR INC COM 375916103 21,888 725,730 SH   SOLE   725,730 0 0
GOLD STD VENTURES CORP COM 380738104 223 588,000 SH   SOLE   588,000 0 0
GOLDCORP INC COM 380956409 2,462 196,607 SH   SOLE   196,607 0 0
GOLDCORP INC CALL 380956909 9,628 769,000 SH   SOLE   769,000 0 0
GOOGLE INC CL C CALL 38259P906 608 1,000 SH   SOLE   1,000 0 0
GOOGLE INC CL C COM 38259P706 1,217 2,000 SH   SOLE   2,000 0 0
GROUPE CGI INC CL A COM 39945C109 29,386 811,550 SH   SOLE   811,550 0 0
HARMONY GOLD MNG LTD COM 413216300 9 14,500 SH   SOLE   14,500 0 0
HECLA MNG CO COM 422704106 615 312,015 SH   SOLE   312,015 0 0
HELMERICH & PAYNE INC COM 423452101 3,110 65,800 SH   SOLE   65,800 0 0
INTERCONTINENTAL EXCHANGE INC COM 45866F104 33,632 143,120 SH   SOLE   143,120 0 0
ISHARES 20+ YR TREASURY BOND ETF COM 464287432 210 1,700 SH   SOLE   1,700 0 0
ISHARES RUSSELL 2000 ETF COM 464287655 480 4,400 SH   SOLE   4,400 0 0
ISHARES TRANS AVG ETF COM 464287192 210 1,500 SH   SOLE   1,500 0 0
JACOBS ENGR GROUP INC COM 469814107 2,901 77,500 SH   SOLE   77,500 0 0
KINROSS GOLD CORP COM 496902404 18 10,545 SH   SOLE   10,545 0 0
LAKE SHORE GOLD CORP COM 510728108 9,097 10,933,566 SH   SOLE   10,933,566 0 0
MAG SILVER CORP COM 55903Q104 7,953 1,116,978 SH   SOLE   1,116,978 0 0
MAGNA INTL INC COM 559222401 10,034 209,000 SH   SOLE   209,000 0 0
MARATHON OIL CORP COM 565849106 159 10,300 SH   SOLE   10,300 0 0
MARATHON PETE CORP COM 56585A102 238 5,143 SH   SOLE   5,143 0 0
MARKET VECTORS GOLD MINER ETF PUT 57060U950 27,480 2,000,000 SH   SOLE   2,000,000 0 0
MEMORIAL RESOURCE DEV CORP COM 58605Q109 2,198 125,000 SH   SOLE   125,000 0 0
METLIFE INC COM 59156R108 467 9,900 SH   SOLE   9,900 0 0
MKS INSTRUMENT INC COM 55306N104 7,880 235,000 SH   SOLE   235,000 0 0
MOHAWK INDS INC COM 608190104 2,363 13,000 SH   SOLE   13,000 0 0
MONSANTO CO COM 61166W101 273 3,200 SH   SOLE   3,200 0 0
MOSAIC CO COM 61945C103 3,154 101,380 SH   SOLE   101,380 0 0
MOUNTAIN PROV DIAMONDS INC COM 62426E402 37 14,057 SH   SOLE   14,057 0 0
NEVSUN RES LTD COM 64156L101 3,126 1,077,801 SH   SOLE   1,077,801 0 0
NU SKIN ENTERPRISES INC CL A COM 67018T105 3,509 85,000 SH   SOLE   85,000 0 0
NXP SEMICONDUCTORS N V COM N6596X109 30,060 345,240 SH   SOLE   345,240 0 0
NXP SEMICONDUCTORS N V CALL N6596X909 218 2,500 SH   SOLE   2,500 0 0
PAN AMERICAN SILVER CORP COM 697900108 2,886 454,486 SH   SOLE   454,486 0 0
PFIZER INC COM 717081103 30,348 966,180 SH   SOLE   966,180 0 0
PLATINUM GROUP METALS LTD COM 72765Q205 1,168 5,076,928 SH   SOLE   5,076,928 0 0
POTASH CORP SASK INC COM 73755L107 278 13,525 SH   SOLE   13,525 0 0
POWERSHARES QQQ TRUST COM 73935A104 855 8,400 SH   SOLE   8,400 0 0
POWERSHARES QQQ TRUST CALL 73935A904 4,070 40,000 SH   SOLE   40,000 0 0
PRETIUM RES INC COM 74139C102 14,026 2,318,373 SH   SOLE   2,318,373 0 0
PRIMERO MNG CORP COM 74164W106 455 195,351 SH   SOLE   195,351 0 0
RANDGOLD RES LTD COM 752344309 15,253 258,139 SH   SOLE   258,139 0 0
ROYAL BK CDA COM 780087102 884 16,000 SH   SOLE   16,000 0 0
ROYAL GOLD INC COM 780287108 628 13,371 SH   SOLE   13,371 0 0
RUBICON MINERALS CORP COM 780911103 222 304,384 SH   SOLE   304,384 0 0
SANDISK CORP COM 80004C101 3,205 59,000 SH   SOLE   59,000 0 0
SELECT SECTOR SPDR CONS DISCR COM 81369Y407 423 5,700 SH   SOLE   5,700 0 0
SELECT SECTOR SPDR CONS STPLS COM 81369Y308 227 4,800 SH   SOLE   4,800 0 0
SELECT SECTOR SPDR HEALTHCARE COM 81369Y209 291 4,400 SH   SOLE   4,400 0 0
SELECT SECTOR SPDR TECHNOLOGY COM 81369Y803 506 12,800 SH   SOLE   12,800 0 0
SILVER STD RES INC COM 82823L106 251 38,570 SH   SOLE   38,570 0 0
SILVER WHEATON CORP COM 828336107 1,731 144,148 SH   SOLE   144,148 0 0
SILVERCORP METALS INC COM 82835P103 89 142,800 SH   SOLE   142,800 0 0
SPDR S&P 500 ETF TR CALL 78462F903 152,537 796,000 SH   SOLE   796,000 0 0
SPDR S&P 500 ETF TR PUT 78462F953 729,190 3,805,200 SH   SOLE   3,805,200 0 0
SPDR S&P 500 ETF TR COM 78462F103 4,906 25,600 SH   SOLE   25,600 0 0
SPDR S&P REGL BKG CALL 78464A908 16,472 400,000 SH   SOLE   400,000 0 0
SPROTT PHYSICAL GOLD TRUST COM 85207H104 610 66,423 SH   SOLE   66,423 0 0
SPROTT PHYSICAL PLAT PALLAD COM 85207Q104 560 82,300 SH   SOLE   82,300 0 0
SPROTT PHYSICAL SILVER TRUST COM 85207K107 2,982 525,847 SH   SOLE   525,847 0 0
STARBUCKS CORP COM 855244109 2,558 45,000 SH   SOLE   45,000 0 0
SUNCOR ENERGY INC COM 867224107 12,476 466,900 SH   SOLE   466,900 0 0
SUNCOR ENERGY INC PUT 867224957 8,016 300,000 SH   SOLE   300,000 0 0
TAHOE RES INC COM 873868103 1,094 141,308 SH   SOLE   141,308 0 0
TESORO CORP COM 881609101 438 4,500 SH   SOLE   4,500 0 0
TIMMINS GOLD CORP COM 88741P103 17 70,200 SH   SOLE   70,200 0 0
TOTAL S A COM 89151E109 264 5,900 SH   SOLE   5,900 0 0
U S GEOTHERMAL INC COM 90338S102 40 65,078 SH   SOLE   65,078 0 0
UNION PAC CORP COM 907818108 11,382 128,740 SH   SOLE   128,740 0 0
UNITEDHEALTH GROUP INC COM 91324P102 30,955 266,830 SH   SOLE   266,830 0 0
URANIUM ENERGY CORP COM 916896103 199 198,518 SH   SOLE   198,518 0 0
VALERO ENERGY CORP COM 91913Y100 240 4,000 SH   SOLE   4,000 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 22,569 518,719 SH   SOLE   518,719 0 0
VISTA GOLD CORP COM 927926303 240 803,866 SH   SOLE   803,866 0 0
WELLS FARGO & CO COM 949746101 359 7,000 SH   SOLE   7,000 0 0
WESTERN DIGITAL CORP COM 958102105 9,930 125,000 SH   SOLE   125,000 0 0
WEYERHAEUSER CO COM 962166104 223 8,145 SH   SOLE   8,145 0 0
YAMANA GOLD INC COM 98462Y100 68 39,728 SH   SOLE   39,728 0 0