Mountain Lake Investment Management LLC Diversified Active

Name: Mountain Lake Investment Management LLC Q2 2020 13F Filing | 13F Explorer
Creator: Mountain Lake Investment Management LLC
Published: 2020-08-14

Location: San Francisco, CA

CIK: 0001308555 · Show all filings

Period: Q2 2020 (← Previous) (Next →)

Filing Date: Aug 14, 2020

Total Value: $139M (100.0% shares, 0.0% debt)

Holdings (23)

GLD SPDR GOLD TR 14.4%

Value $20.09M Shares 120,000 Share Price $167.38 Est. Cost/Share — Unrealized @ Report Date —

SPY SPDR S&P 500 ETF TR 8.9%

Value $12.33M Shares 40,000 Share Price $308.35 Est. Cost/Share — Unrealized @ Report Date —

ALGT ALLEGIANT TRAVEL CO 8.1%

Value $11.3M Shares 103,500 Share Price $109.21 * Est. Cost/Share $116.38 Unrealized @ Report Date -24.1%

VSAT VIASAT INC 7.7%

Value $10.67M Shares 278,000 Share Price $38.37 * Est. Cost/Share $61.38 Unrealized @ Report Date -33.8%

— VISTA OUTDOOR INC 7.4%

Value $10.33M Shares 715,000 Share Price $14.45 Est. Cost/Share $10.69 Unrealized @ Report Date —

— BARRICK GOLD CORPORATION 6.3%

Value $8.756M Shares 325,000 Share Price $26.94 Est. Cost/Share $16.29 Unrealized @ Report Date —

AM ANTERO MIDSTREAM CORP 5.2%

Value $7.267M Shares 1,425,000 Share Price $5.10 * Est. Cost/Share $5.20 Unrealized @ Report Date -49.7%

— NATIONAL OILWELL VARCO INC 5.1%

Value $7.044M Shares 575,000 Share Price $12.25 Est. Cost/Share $24.95 Unrealized @ Report Date —

NEM NEWMONT CORP 4.8%

Value $6.668M Shares 108,000 Share Price $61.74 * Est. Cost/Share $34.82 Unrealized @ Report Date +43.2%

CCJ CAMECO CORP 3.9%

Value $5.455M Shares 532,200 Share Price $10.25 * Est. Cost/Share $9.81 Unrealized @ Report Date 0.0%

— ALLEGHANY CORP DEL 3.9%

Value $5.381M Shares 11,000 Share Price $489.18 Est. Cost/Share $489.18 Unrealized @ Report Date —

PHYS SPROTT PHYSICAL GOLD TR 3.6%

Value $5.009M Shares 350,000 Share Price $14.31 Est. Cost/Share $14.31 Unrealized @ Report Date —

EOG EOG RES INC 3.5%

Value $4.813M Shares 95,000 Share Price $50.66 * Est. Cost/Share $37.36 Unrealized @ Report Date 0.0%

— PRECISION DRILLING CORP 3.2%

Value $4.44M Shares 5,850,000 Share Price $0.76 Est. Cost/Share $1.82 Unrealized @ Report Date —

— CONSOL ENERGY INC NEW 2.8%

Value $3.929M Shares 775,000 Share Price $5.07 Est. Cost/Share $24.92 Unrealized @ Report Date —

AR ANTERO RESOURCES CORP 2.3%

Value $3.264M Shares 1,285,000 Share Price $2.54 * Est. Cost/Share $16.15 Unrealized @ Report Date -83.8%

MLM MARTIN MARIETTA MATLS INC 2.2%

Value $3.099M Shares 15,000 Share Price $206.60 * Est. Cost/Share $207.36 Unrealized @ Report Date -10.7%

ARLP ALLIANCE RES PARTNER L P 2.0%

Value $2.787M Shares 855,000 Share Price $3.26 Est. Cost/Share $13.93 Unrealized @ Report Date —

— CINER RES LP 1.7%

Value $2.295M Shares 180,000 Share Price $12.75 Est. Cost/Share $23.55 Unrealized @ Report Date —

SII SPROTT INC 1.5%

Value $2.094M Shares 58,000 Share Price $36.10 * Est. Cost/Share $22.75 Unrealized @ Report Date 0.0%

BBCP CONCRETE PUMPING HLDGS INC 1.2%

Value $1.653M Shares 475,000 Share Price $3.48 * Est. Cost/Share $4.06 Unrealized @ Report Date -33.5%

NXE NEXGEN ENERGY LTD 0.2%

Value $284K Shares 220,000 Share Price $1.29 Est. Cost/Share $1.28 Unrealized @ Report Date 0.0%

— RAMACO RES INC 0.0%

Value $43,000 Shares 20,000 Share Price $2.15 Est. Cost/Share $2.40 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
GLD	SPDR GOLD TR	120,000	$20.09M	14.4%	$167.38	—	—	Call	78463V107
SPY	SPDR S&P 500 ETF TR	40,000	$12.33M	8.9%	$308.35	—	—	Put	78462F103
ALGT	ALLEGIANT TRAVEL CO	103,500	$11.3M	8.1%	$109.21 *	$116.38	-24.1%	COM	01748X102
VSAT	VIASAT INC	278,000	$10.67M	7.7%	$38.37 *	$61.38	-33.8%	COM	92552V100
—	VISTA OUTDOOR INC	715,000	$10.33M	7.4%	$14.45	$10.69	—	COM	928377100
—	BARRICK GOLD CORPORATION	325,000	$8.756M	6.3%	$26.94	$16.29	—	COM	067901108
AM	ANTERO MIDSTREAM CORP	1,425,000	$7.267M	5.2%	$5.10 *	$5.20	-49.7%	COM	03676B102
—	NATIONAL OILWELL VARCO INC	575,000	$7.044M	5.1%	$12.25	$24.95	—	COM	637071101
NEM	NEWMONT CORP	108,000	$6.668M	4.8%	$61.74 *	$34.82	+43.2%	COM	651639106
CCJ	CAMECO CORP	532,200	$5.455M	3.9%	$10.25 *	$9.81	0.0%	COM	13321L108
—	ALLEGHANY CORP DEL	11,000	$5.381M	3.9%	$489.18	$489.18	—	COM	017175100
PHYS	SPROTT PHYSICAL GOLD TR	350,000	$5.009M	3.6%	$14.31	$14.31	—	UNIT	85207H104
EOG	EOG RES INC	95,000	$4.813M	3.5%	$50.66 *	$37.36	0.0%	COM	26875P101
—	PRECISION DRILLING CORP	5,850,000	$4.44M	3.2%	$0.76	$1.82	—	COM 2010	74022D308
—	CONSOL ENERGY INC NEW	775,000	$3.929M	2.8%	$5.07	$24.92	—	COM	20854L108
AR	ANTERO RESOURCES CORP	1,285,000	$3.264M	2.3%	$2.54 *	$16.15	-83.8%	COM	03674X106
MLM	MARTIN MARIETTA MATLS INC	15,000	$3.099M	2.2%	$206.60 *	$207.36	-10.7%	COM	573284106
ARLP	ALLIANCE RES PARTNER L P	855,000	$2.787M	2.0%	$3.26	$13.93	—	UT LTD PART	01877R108
—	CINER RES LP	180,000	$2.295M	1.7%	$12.75	$23.55	—	COM UNIT LTD	172464109
SII	SPROTT INC	58,000	$2.094M	1.5%	$36.10 *	$22.75	0.0%	COM NEW	852066208
BBCP	CONCRETE PUMPING HLDGS INC	475,000	$1.653M	1.2%	$3.48 *	$4.06	-33.5%	COM	206704108
NXE	NEXGEN ENERGY LTD	220,000	$284K	0.2%	$1.29	$1.28	0.0%	COM	65340P106
—	RAMACO RES INC	20,000	$43,000	0.0%	$2.15	$2.40	—	COM	75134P303