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 981 139,500 SH   SOLE   139,500 0 0
AEMETIS INC COM 00770K202 1,243 1,151,373 SH   SOLE   1,151,373 0 0
AGNICO EAGLE MINES LTD COM 008474108 43,360 800,292 SH   SOLE   800,292 0 0
ALAMOS GOLD INC COM 011532108 8,881 1,083,067 SH   SOLE   1,083,067 0 0
ALEXCO RESOURCE CORP COM 01535P106 723 406,186 SH   SOLE   406,186 0 0
ALPHABET INC COM 02079K107 12,903 16,600 SH   SOLE   16,600 0 0
ALPS ALERIAN MLP COM 00162Q866 229 18,007 SH   SOLE   18,007 0 0
ALPS SPROTT GOLD MINERS COM 00162Q643 2,540 105,280 SH   SOLE   105,280 0 0
ALPS SPROTT JR GOLD MINERS COM 00162Q585 3,214 77,710 SH   SOLE   77,710 0 0
APPLE INC COM 037833100 33,808 299,055 SH   SOLE   299,055 0 0
APPLE INC PUT 037833950 20,575 182,000 SH   SOLE   182,000 0 0
ARMSTRONG WORLD INDS INC COM 04247X102 2,273 55,000 SH   SOLE   55,000 0 0
ARTISAN PARTNERS ASSET MGMT CL A COM 04316A108 3,427 126,000 SH   SOLE   126,000 0 0
ASANKO GOLD INC COM 04341Y105 35,303 8,405,441 SH   SOLE   8,405,441 0 0
B2GOLD CORP COM 11777Q209 25,061 9,528,992 SH   SOLE   9,528,992 0 0
BARRICK GOLD CORP COM 067901108 249 14,079 SH   SOLE   14,079 0 0
BAYTEX ENERGY CORP COM 07317Q105 425 100,000 SH   SOLE   100,000 0 0
BERKSHIRE HATHAWAY INC CL B COM 084670702 6,472 44,800 SH   SOLE   44,800 0 0
BROOKFIELD INFRAST PARTNERS LP COM G16252101 19,374 559,305 SH   SOLE   559,305 0 0
BROOKFIELD INFRAST PARTNERS LP PUT G16252951 12,124 350,000 SH   SOLE   350,000 0 0
BROOKFIELD PPTY PARTNERS LP COM G16249107 25,753 1,123,610 SH   SOLE   1,123,610 0 0
BUCKLE INC COM 118440106 4,085 170,000 SH   SOLE   170,000 0 0
CAL MAINE FOODS INC COM 128030202 7,145 185,391 SH   SOLE   185,391 0 0
CALLON PETE CO COM 13123X102 5,168 329,200 SH   SOLE   329,200 0 0
CANADIAN NAT RES LTD COM 136385101 14,719 459,400 SH   SOLE   459,400 0 0
CANADIAN NAT RES LTD PUT 136385951 13,563 423,300 SH   SOLE   423,300 0 0
CENOVUS ENERGY INC COM 15135U109 6,189 430,700 SH   SOLE   430,700 0 0
CENTRAL FD CDA LTD CL A COM 153501101 22,008 1,591,315 SH   SOLE   1,591,315 0 0
CENTURY CMNTYS INC COM 156504300 8,935 415,378 SH   SOLE   415,378 0 0
CHICOS FAS INC COM 168615102 2,618 220,000 SH   SOLE   220,000 0 0
CIRRUS LOGIC INC COM 172755100 5,687 107,000 SH   SOLE   107,000 0 0
CISCO SYS INC COM 17275R102 1,320 41,600 SH   SOLE   41,600 0 0
COMCAST CORP COM 20030N101 17,109 257,900 SH   SOLE   257,900 0 0
COMCAST CORP PUT 20030N951 15,855 239,000 SH   SOLE   239,000 0 0
COMPANIA DE MINAS BUENAVENTU SPON ADR COM 204448104 19,724 1,425,160 SH   SOLE   1,425,160 0 0
CONTINENTAL RESOURCES INC COM 212015101 286 5,500 SH   SOLE   5,500 0 0
COOPER TIRE & RUBR CO COM 216831107 2,042 53,719 SH   SOLE   53,719 0 0
CVS HEALTH CORP COM 126650100 37,242 418,500 SH   SOLE   418,500 0 0
CVS HEALTH CORP PUT 126650950 16,054 180,400 SH   SOLE   180,400 0 0
DANAHER CORP COM 235851102 8,113 103,500 SH   SOLE   103,500 0 0
DELPHI AUTOMOTIVE PLC COM G27823106 706 9,900 SH   SOLE   9,900 0 0
DENISON MINES CORP COM 248356107 333 708,835 SH   SOLE   708,835 0 0
DIREXION DAILY GOLD MINERS COM 25490K133 202 6,000 SH   SOLE   6,000 0 0
DISCOVER FINL SVCS COM 254709108 44,333 783,960 SH   SOLE   783,960 0 0
DISCOVER FINL SVCS PUT 254709958 10,247 181,200 SH   SOLE   181,200 0 0
DISNEY WALT CO COM 254687106 1,189 12,800 SH   SOLE   12,800 0 0
DOMINION DIAMOND CORP COM 257287102 13,008 1,335,537 SH   SOLE   1,335,537 0 0
DRDGOLD LIMITED SPON ADR COM 26152H301 50 10,200 SH   SOLE   10,200 0 0
DYCOM INDS INC COM 267475101 736 9,000 SH   SOLE   9,000 0 0
ELDORADO GOLD CORP COM 284902103 500 127,314 SH   SOLE   127,314 0 0
ENBRIDGE INC COM 29250N105 28,003 633,128 SH   SOLE   633,128 0 0
ENCANA CORP COM 292505104 366 35,000 SH   SOLE   35,000 0 0
ENDEAVOUR SILVER CORP COM 29258Y103 3,243 632,076 SH   SOLE   632,076 0 0
ENERGEN CORP COM 29265N108 2,886 50,000 SH   SOLE   50,000 0 0
ENERGY FUELS INC COM 292671708 883 555,622 SH   SOLE   555,622 0 0
ENERPLUS CORP COM 292766102 13,237 2,065,000 SH   SOLE   2,065,000 0 0
EQUIFAX INC COM 294429105 1,090 8,100 SH   SOLE   8,100 0 0
EURASIAN MINERALS INC COM 29843R100 7,645 7,145,098 SH   SOLE   7,145,098 0 0
EXETER RES CORP COM 301835104 49 38,500 SH   SOLE   38,500 0 0
EXXON MOBIL CORP COM 30231G102 5,513 63,167 SH   SOLE   63,167 0 0
FEDERATED INVS INC CL B COM 314211103 2,963 100,000 SH   SOLE   100,000 0 0
FEDEX CORP COM 31428X106 1,066 6,100 SH   SOLE   6,100 0 0
FERROGLOBE PLC COM G33856108 9,539 1,056,400 SH   SOLE   1,056,400 0 0
FIRST MAJESTIC SILVER CORP COM 32076V103 11,812 1,146,765 SH   SOLE   1,146,765 0 0
FIRST MAJESTIC SILVER CORP CALL 32076V903 17,304 1,680,000 SH   SOLE   1,680,000 0 0
FISERV INC COM 337738108 42,971 432,000 SH   SOLE   432,000 0 0
FISERV INC PUT 337738958 16,512 166,000 SH   SOLE   166,000 0 0
FORTUNA SILVER MINES INC COM 349915108 26,752 3,695,055 SH   SOLE   3,695,055 0 0
FRANCO NEVADA CORP COM 351858105 6,578 94,145 SH   SOLE   94,145 0 0
FRANKLIN RES INC COM 354613101 10,315 290,000 SH   SOLE   290,000 0 0
FREEPORT-MCMORAN INC CL B COM 35671D857 157 14,475 SH   SOLE   14,475 0 0
FRP HLDGS INC COM 30292L107 2,175 70,000 SH   SOLE   70,000 0 0
GAMESTOP CORP COM 36467W109 9,725 352,500 SH   SOLE   352,500 0 0
GARMIN LTD COM H2906T109 4,234 88,000 SH   SOLE   88,000 0 0
GENERAL ELECTRIC CO COM 369604103 33,346 1,125,800 SH   SOLE   1,125,800 0 0
GENTEX CORP COM 371901109 5,092 290,000 SH   SOLE   290,000 0 0
GILEAD SCIENCES INC COM 375558103 5,459 69,000 SH   SOLE   69,000 0 0
GLADSTONE INVT CORP COM 376546107 151 17,000 SH   SOLE   17,000 0 0
GOLD FIELDS LTD COM 38059T106 126 25,911 SH   SOLE   25,911 0 0
GOLD RESOURCE CORP COM 38068T105 371 50,000 SH   SOLE   50,000 0 0
GOLD STD VENTURES CORP COM 380738104 1,274 501,500 SH   SOLE   501,500 0 0
GOLDCORP INC COM 380956409 1,090 65,971 SH   SOLE   65,971 0 0
GRAN TIERRA ENERGY INC COM 38500T101 68 22,500 SH   SOLE   22,500 0 0
GREAT PANTHER SILVER LTD COM 39115V101 176 130,360 SH   SOLE   130,360 0 0
GROUPE CGI INC CL A COM 39945C109 26,537 557,150 SH   SOLE   557,150 0 0
HANESBRANDS INC COM 410345102 1,184 46,900 SH   SOLE   46,900 0 0
HECLA MNG CO COM 422704106 4,094 718,315 SH   SOLE   718,315 0 0
HELMERICH & PAYNE INC COM 423452101 7,231 107,450 SH   SOLE   107,450 0 0
HI-CRUSH PARTNERS LP COM 428337109 1,534 100,000 SH   SOLE   100,000 0 0
HOME DEPOT INC COM 437076102 9,831 76,400 SH   SOLE   76,400 0 0
IAMGOLD CORP COM 450913108 4,180 1,032,189 SH   SOLE   1,032,189 0 0
INTERCONTINENTAL EXCHANGE INC COM 45866F104 40,700 151,100 SH   SOLE   151,100 0 0
INTERCONTINENTAL EXCHANGE INC PUT 45866F954 8,215 30,500 SH   SOLE   30,500 0 0
ISHARES SILVER TRUST COM 46428Q109 21,874 1,201,853 SH   SOLE   1,201,853 0 0
JACOBS ENGR GROUP INC COM 469814107 3,491 67,500 SH   SOLE   67,500 0 0
JOHNSON & JOHNSON COM 478160104 874 7,400 SH   SOLE   7,400 0 0
JPMORGAN CHASE & CO COM 46625H100 926 13,900 SH   SOLE   13,900 0 0
KENNEDY-WILSON HLDGS INC COM 489398107 10,055 445,885 SH   SOLE   445,885 0 0
KINROSS GOLD CORP COM 496902404 3,792 900,595 SH   SOLE   900,595 0 0
KIRBY CORP COM 497266106 1,554 25,000 SH   SOLE   25,000 0 0
KLONDEX MNS LTD COM 498696103 22,723 3,951,911 SH   SOLE   3,951,911 0 0
LAM RESEARCH CORP COM 512807108 2,368 25,000 SH   SOLE   25,000 0 0
MACQUARIE INFRASTRUCTURE CORP COM 55608B105 1,831 22,000 SH   SOLE   22,000 0 0
MAG SILVER CORP COM 55903Q104 15,732 1,043,243 SH   SOLE   1,043,243 0 0
MARATHON OIL CORP COM 565849106 173 10,932 SH   SOLE   10,932 0 0
MASONITE INTL CORP COM 575385109 1,243 20,000 SH   SOLE   20,000 0 0
MASTERCARD INCORPORATED CL A COM 57636Q104 1,506 14,800 SH   SOLE   14,800 0 0
MCEWEN MNG INC COM 58039P107 2,576 701,800 SH   SOLE   701,800 0 0
MEDTRONIC PLC COM G5960L103 38,370 444,100 SH   SOLE   444,100 0 0
MEDTRONIC PLC PUT G5960L953 17,505 202,600 SH   SOLE   202,600 0 0
METHANEX CORP COM 59151K108 357 10,000 SH   SOLE   10,000 0 0
MKS INSTRUMENT INC COM 55306N104 11,562 232,500 SH   SOLE   232,500 0 0
MOUNTAIN PROV DIAMONDS INC COM 62426E402 2,061 393,311 SH   SOLE   393,311 0 0
NABORS INDUSTRIES LTD COM G6359F103 365 30,000 SH   SOLE   30,000 0 0
NASDAQ INC COM 631103108 18,033 267,000 SH   SOLE   267,000 0 0
NEVSUN RES LTD COM 64156L101 31,721 10,469,054 SH   SOLE   10,469,054 0 0
NEW GOLD INC CDA COM 644535106 7,020 1,613,750 SH   SOLE   1,613,750 0 0
NEW MEDIA INVT GROUP INC COM 64704V106 1,550 100,000 SH   SOLE   100,000 0 0
NEWFIELD EXPL CO COM 651290108 4,346 100,000 SH   SOLE   100,000 0 0
NIELSEN HLDGS PLC COM G6518L108 1,125 21,000 SH   SOLE   21,000 0 0
NIKE INC CL B COM 654106103 937 17,800 SH   SOLE   17,800 0 0
NORTHERN DYNASTY MINERALS LTD COM 66510M204 2,184 3,075,600 SH   SOLE   3,075,600 0 0
NORTHROP GRUMMAN CORP COM 666807102 19,662 91,900 SH   SOLE   91,900 0 0
NU SKIN ENTERPRISES INC CL A COM 67018T105 2,656 41,000 SH   SOLE   41,000 0 0
NXP SEMICONDUCTORS NV COM N6596X109 1,153 11,300 SH   SOLE   11,300 0 0
OSISKO GOLD ROYALTIES LTD COM 68827L101 854 78,038 SH   SOLE   78,038 0 0
PAN AMERICAN SILVER CORP COM 697900108 9,493 538,737 SH   SOLE   538,737 0 0
PEPSICO INC COM 713448108 9,224 84,800 SH   SOLE   84,800 0 0
PEPSICO INC PUT 713448958 9,191 84,500 SH   SOLE   84,500 0 0
PFIZER INC COM 717081103 34,357 1,014,380 SH   SOLE   1,014,380 0 0
PFIZER INC CALL 717081903 13,209 390,000 SH   SOLE   390,000 0 0
PFIZER INC PUT 717081953 16,854 497,600 SH   SOLE   497,600 0 0
PLATINUM GROUP METALS LTD COM 72765Q601 852 310,950 SH   SOLE   310,950 0 0
POWERSHARES S&P500 HGH BETA COM 73937B829 319 9,700 SH   SOLE   9,700 0 0
POWERSHARES QQQ TRUST COM 73935A104 202 1,700 SH   SOLE   1,700 0 0
PRETIUM RES INC COM 74139C102 26,103 2,541,632 SH   SOLE   2,541,632 0 0
RANDGOLD RES LTD ADR COM 752344309 18,512 184,994 SH   SOLE   184,994 0 0
RICHMONT MINES INC COM 76547T106 21,804 2,169,591 SH   SOLE   2,169,591 0 0
ROWAN COMPANIES PLC COM G7665A101 334 22,000 SH   SOLE   22,000 0 0
ROYAL GOLD INC COM 780287108 13,714 177,109 SH   SOLE   177,109 0 0
SANDERSON FARMS INC COM 800013104 9,795 101,685 SH   SOLE   101,685 0 0
SEABRIDGE GOLD INC COM 811916105 3,493 316,720 SH   SOLE   316,720 0 0
SELECT SECTOR SPDR TECHNOLOGY COM 81369Y803 215 4,500 SH   SOLE   4,500 0 0
SILVER STD RES INC COM 82823L106 10,762 892,400 SH   SOLE   892,400 0 0
SILVER WHEATON CORP COM 828336107 34,163 1,263,903 SH   SOLE   1,263,903 0 0
SOUTHWESTERN ENERGY CO COM 845467109 249 18,000 SH   SOLE   18,000 0 0
SPDR S&P 500 ETF CALL 78462F903 185,694 858,500 SH   SOLE   858,500 0 0
SPDR S&P 500 ETF PUT 78462F953 1,035,644 4,788,000 SH   SOLE   4,788,000 0 0
SPDR S&P 500 ETF COM 78462F103 5,256 24,300 SH   SOLE   24,300 0 0
SPECTRA ENERGY CORP COM 847560109 3,554 83,141 SH   SOLE   83,141 0 0
SPROTT PHYSICAL GOLD TRUST COM 85207H104 1,408 128,563 SH   SOLE   128,563 0 0
SPROTT PHYSICAL PLAT PALLAD COM 85207Q104 830 108,200 SH   SOLE   108,200 0 0
SPROTT PHYSICAL SILVER TRUST COM 85207K107 1,337 180,870 SH   SOLE   180,870 0 0
STANTEC INC COM 85472N109 2,352 100,000 SH   SOLE   100,000 0 0
STARBUCKS CORP COM 855244109 1,381 25,500 SH   SOLE   25,500 0 0
SUNCOR ENERGY INC COM 867224107 31,315 1,127,238 SH   SOLE   1,127,238 0 0
SUNCOR ENERGY INC PUT 867224957 12,643 455,100 SH   SOLE   455,100 0 0
TAHOE RES INC COM 873868103 19,221 1,498,092 SH   SOLE   1,498,092 0 0
TECK RESOURCES LTD CL B COM 878742204 325 18,000 SH   SOLE   18,000 0 0
TEUCRIUM WHEAT FUND COM 88166A508 129 18,000 SH   SOLE   18,000 0 0
THOR INDS INC COM 885160101 5,336 63,000 SH   SOLE   63,000 0 0
TIMMINS GOLD CORP COM 88741P103 30 64,185 SH   SOLE   64,185 0 0
TRANSCANADA CORP COM 89353D107 34,482 725,020 SH   SOLE   725,020 0 0
U S CONCRETE INC COM 90333L201 2,073 45,000 SH   SOLE   45,000 0 0
U S SILICA HLDGS INC COM 90346E103 4,856 104,300 SH   SOLE   104,300 0 0
UNIT CORP COM 909218109 5,952 320,000 SH   SOLE   320,000 0 0
UNITEDHEALTH GROUP INC COM 91324P102 36,933 263,810 SH   SOLE   263,810 0 0
UNITEDHEALTH GROUP INC PUT 91324P952 17,500 125,000 SH   SOLE   125,000 0 0
URANIUM ENERGY CORP COM 916896103 177 179,636 SH   SOLE   179,636 0 0
US BANCORP COM 902973304 956 22,300 SH   SOLE   22,300 0 0
VISA INC CL A COM 92826C839 1,141 13,800 SH   SOLE   13,800 0 0
VISTA GOLD CORP COM 927926303 789 743,996 SH   SOLE   743,996 0 0
WESTERN DIGITAL CORP COM 958102105 6,256 107,000 SH   SOLE   107,000 0 0
WESTLAKE CHEM CORP COM 960413102 8,453 158,000 SH   SOLE   158,000 0 0
WHITING PETE CORP COM 966387102 1,016 116,200 SH   SOLE   116,200 0 0
YAMANA GOLD INC COM 98462Y100 400 92,826 SH   SOLE   92,826 0 0