Mountain Lake Investment Management LLC Diversified Active

CIK: 0001308555 · Show all filings

Period: Q1 2022 (← Previous) (Next →)

Filing Date: May 16, 2022

Total Value ($000): $165,745 (100.0% shares, 0.0% debt)

Holdings (27)

PDS PRECISION DRILLING CORP 11.0%

Value ($000) $18,203 Shares 246,250 Est. Cost $16.66 Unrealized +218.2%

NOV NOV INC 9.9%

Value ($000) $16,374 Shares 835,000 Est. Cost $14.57 Unrealized +20.1%

ALGT ALLEGIANT TRAVEL CO 7.7%

Value ($000) $12,829 Shares 79,000 Est. Cost $146.90 Unrealized +10.9%

SGOL ABRDN GOLD ETF TRUST 7.7%

Value ($000) $12,727 Shares 685,000 Est. Cost $18.05 Unrealized —

AR ANTERO RESOURCES CORP 6.8%

Value ($000) $11,341 Shares 371,500 Est. Cost $15.87 Unrealized +41.5%

TPL TEXAS PACIFIC LAND CORPORATI 6.8%

Value ($000) $11,223 Shares 8,300 Est. Cost $117.17 Unrealized +6.8%

EOG EOG RES INC 5.5%

Value ($000) $9,181 Shares 77,000 Est. Cost $35.99 Unrealized +159.7%

NXE NEXGEN ENERGY LTD 5.5%

Value ($000) $9,084 Shares 1,605,000 Est. Cost $2.43 Unrealized +97.7%

— CONSOL ENERGY INC NEW 4.5%

Value ($000) $7,451 Shares 198,000 Est. Cost $24.28 Unrealized —

— BARRICK GOLD CORP 4.4%

Value ($000) $7,359 Shares 300,000 Est. Cost $17.00 Unrealized —

EQT EQT CORP 4.4%

Value ($000) $7,312 Shares 212,500 Est. Cost $22.00 Unrealized +4.5%

VSAT VIASAT INC 4.2%

Value ($000) $6,930 Shares 142,000 Est. Cost $59.02 Unrealized -22.0%

— VIDLER WATER RESOUCES INC 3.5%

Value ($000) $5,836 Shares 378,000 Est. Cost $12.61 Unrealized —

SPY SPDR S&P 500 ETF TR 3.4%

Value ($000) $5,645 Shares 12,500 Est. Cost — Unrealized —

PHYS SPROTT PHYSICAL GOLD TR 3.2%

Value ($000) $5,380 Shares 350,000 Est. Cost $14.78 Unrealized —

SA SEABRIDGE GOLD INC 2.9%

Value ($000) $4,866 Shares 263,000 Est. Cost $18.00 Unrealized -5.4%

NEM NEWMONT CORP 2.2%

Value ($000) $3,615 Shares 45,500 Est. Cost $37.20 Unrealized +61.4%

BBCP CONCRETE PUMPING HLDGS INC 1.8%

Value ($000) $2,915 Shares 435,000 Est. Cost $4.12 Unrealized +64.9%

CCJ CAMECO CORP 1.3%

Value ($000) $2,171 Shares 74,600 Est. Cost $23.23 Unrealized 0.0%

VSAT VIASAT INC 0.8%

Value ($000) $1,293 Shares 26,500 Est. Cost $59.02 Unrealized -22.0%

SV SPRING VY ACQUISITION CORP 0.6%

Value ($000) $1,047 Shares 100,000 Est. Cost $10.47 Unrealized —

EQT EQT CORP 0.5%

Value ($000) $860 Shares 25,000 Est. Cost $22.00 Unrealized +4.5%

DNN DENISON MINES CORP 0.5%

Value ($000) $800 Shares 500,000 Est. Cost $1.53 Unrealized -7.5%

PFE PFIZER INC 0.3%

Value ($000) $518 Shares 10,000 Est. Cost — Unrealized —

— EXCHANGE TRADED CONCEPTS TR 0.3%

Value ($000) $416 Shares 5,000 Est. Cost $83.20 Unrealized —

— SPRING VY ACQUISITION CORP 0.2%

Value ($000) $349 Shares 30,000 Est. Cost $11.63 Unrealized —

— SPRING VY ACQUISITION CORP 0.0%

Value ($000) $20 Shares 10,400 Est. Cost $1.92 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
PDS	PRECISION DRILLING CORP	246,250	$18,203	11.0%	$16.66	+218.2%	COM NEW	74022D407
NOV	NOV INC	835,000	$16,374	9.9%	$14.57	+20.1%	COM	62955J103
ALGT	ALLEGIANT TRAVEL CO	79,000	$12,829	7.7%	$146.90	+10.9%	COM	01748X102
SGOL	ABRDN GOLD ETF TRUST	685,000	$12,727	7.7%	$18.05	—	PHYSCL GOLD SHS	00326A104
AR	ANTERO RESOURCES CORP	371,500	$11,341	6.8%	$15.87	+41.5%	COM	03674X106
TPL	TEXAS PACIFIC LAND CORPORATI	8,300	$11,223	6.8%	$117.17	+6.8%	COM	88262P102
EOG	EOG RES INC	77,000	$9,181	5.5%	$35.99	+159.7%	COM	26875P101
NXE	NEXGEN ENERGY LTD	1,605,000	$9,084	5.5%	$2.43	+97.7%	COM	65340P106
—	CONSOL ENERGY INC NEW	198,000	$7,451	4.5%	$24.28	—	COM	20854L108
—	BARRICK GOLD CORP	300,000	$7,359	4.4%	$17.00	—	COM	067901108
EQT	EQT CORP	212,500	$7,312	4.4%	$22.00	+4.5%	COM	26884L109
VSAT	VIASAT INC	142,000	$6,930	4.2%	$59.02	-22.0%	COM	92552V100
—	VIDLER WATER RESOUCES INC	378,000	$5,836	3.5%	$12.61	—	COM	92660E107
SPY	SPDR S&P 500 ETF TR	12,500	$5,645	3.4%	—	—	Put	78462F103
PHYS	SPROTT PHYSICAL GOLD TR	350,000	$5,380	3.2%	$14.78	—	UNIT	85207H104
SA	SEABRIDGE GOLD INC	263,000	$4,866	2.9%	$18.00	-5.4%	COM	811916105
NEM	NEWMONT CORP	45,500	$3,615	2.2%	$37.20	+61.4%	COM	651639106
BBCP	CONCRETE PUMPING HLDGS INC	435,000	$2,915	1.8%	$4.12	+64.9%	COM	206704108
CCJ	CAMECO CORP	74,600	$2,171	1.3%	$23.23	0.0%	COM	13321L108
VSAT	VIASAT INC	26,500	$1,293	0.8%	$59.02	-22.0%	Call	92552V100
SV	SPRING VY ACQUISITION CORP	100,000	$1,047	0.6%	$10.47	—	CL A	G8377A108
EQT	EQT CORP	25,000	$860	0.5%	$22.00	+4.5%	Call	26884L109
DNN	DENISON MINES CORP	500,000	$800	0.5%	$1.53	-7.5%	COM	248356107
PFE	PFIZER INC	10,000	$518	0.3%	—	—	Put	717081103
—	EXCHANGE TRADED CONCEPTS TR	5,000	$416	0.3%	$83.20	—	NORTH SHOR GBL	301505715
—	SPRING VY ACQUISITION CORP	30,000	$349	0.2%	$11.63	—	UNIT 11/11/2025	G8377A116
—	SPRING VY ACQUISITION CORP	10,400	$20	0.0%	$1.92	—	*W EXP 05/20/202	G8377A124