Mountain Lake Investment Management LLC Diversified Active

Location: San Francisco, CA

CIK: 0001308555 · Show all filings

Period: Q2 2022 (← Previous) (Next →)

Filing Date: Aug 15, 2022

Total Value: $117M (100.0% shares, 0.0% debt)

Holdings (26)

PDS PRECISION DRILLING CORP 11.4%

Value $13.32M Shares 208,000 Share Price $64.02 * Est. Cost/Share $16.66 Unrealized @ Report Date +335.6%

NOV NOV INC 10.9%

Value $12.68M Shares 750,000 Share Price $16.91 * Est. Cost/Share $14.57 Unrealized @ Report Date +29.1%

SGOL ABRDN GOLD ETF TRUST 9.7%

Value $11.35M Shares 655,000 Share Price $17.33 Est. Cost/Share $18.05 Unrealized @ Report Date —

ALGT ALLEGIANT TRAVEL CO 8.2%

Value $9.584M Shares 84,750 Share Price $113.09 * Est. Cost/Share $146.37 Unrealized @ Report Date -5.0%

AR ANTERO RESOURCES CORP 6.3%

Value $7.372M Shares 240,500 Share Price $30.65 * Est. Cost/Share $15.87 Unrealized @ Report Date +130.5%

TPL TEXAS PACIFIC LAND CORPORATI 6.3%

Value $7.366M Shares 4,950 Share Price $1488.08 * Est. Cost/Share $117.17 Unrealized @ Report Date +33.2%

EQT EQT CORP 5.7%

Value $6.639M Shares 193,000 Share Price $34.40 * Est. Cost/Share $22.00 Unrealized @ Report Date +77.4%

EOG EOG RES INC 5.3%

Value $6.24M Shares 56,500 Share Price $110.44 * Est. Cost/Share $35.99 Unrealized @ Report Date +193.8%

PHYS SPROTT PHYSICAL GOLD TR 4.8%

Value $5.601M Shares 395,000 Share Price $14.18 Est. Cost/Share $14.71 Unrealized @ Report Date —

NXE NEXGEN ENERGY LTD 4.8%

Value $5.565M Shares 1,550,000 Share Price $3.59 * Est. Cost/Share $2.43 Unrealized @ Report Date +95.3%

— BARRICK GOLD CORP 4.2%

Value $4.865M Shares 275,000 Share Price $17.69 Est. Cost/Share $17.00 Unrealized @ Report Date —

— CONSOL ENERGY INC NEW 3.6%

Value $4.157M Shares 84,185 Share Price $49.38 Est. Cost/Share $24.28 Unrealized @ Report Date —

SMR NUSCALE PWR CORP 3.5%

Value $4.146M Shares 415,000 Share Price $9.99 Est. Cost/Share $10.11 Unrealized @ Report Date 0.0%

VSAT VIASAT INC 3.4%

Value $3.982M Shares 130,000 Share Price $30.63 * Est. Cost/Share $59.02 Unrealized @ Report Date -34.5%

BBCP CONCRETE PUMPING HLDGS INC 2.2%

Value $2.583M Shares 426,160 Share Price $6.06 * Est. Cost/Share $4.12 Unrealized @ Report Date +21.9%

SA SEABRIDGE GOLD INC 1.9%

Value $2.268M Shares 182,500 Share Price $12.43 * Est. Cost/Share $18.00 Unrealized @ Report Date -11.0%

NEM NEWMONT CORP 1.9%

Value $2.267M Shares 38,000 Share Price $59.66 * Est. Cost/Share $37.20 Unrealized @ Report Date +70.1%

URNM SPROTT FDS TR 1.6%

Value $1.828M Shares 32,000 Share Price $57.13 Est. Cost/Share $57.13 Unrealized @ Report Date —

CCJ CAMECO CORP 1.5%

Value $1.755M Shares 83,500 Share Price $21.02 * Est. Cost/Share $23.42 Unrealized @ Report Date +6.7%

EQT EQT CORP 0.7%

Value $860K Shares 25,000 Share Price $34.40 * Est. Cost/Share $22.00 Unrealized @ Report Date +77.4%

BBBY OVERSTOCK COM INC DEL 0.5%

Value $538K Shares 21,500 Share Price $25.02 * Est. Cost/Share $33.06 Unrealized @ Report Date 0.0%

PFE PFIZER INC 0.4%

Value $524K Shares 10,000 Share Price $52.40 Est. Cost/Share — Unrealized @ Report Date —

VSAT VIASAT INC 0.4%

Value $505K Shares 16,500 Share Price $30.61 * Est. Cost/Share $59.02 Unrealized @ Report Date -34.5%

DNN DENISON MINES CORP 0.4%

Value $446K Shares 458,000 Share Price $0.97 * Est. Cost/Share $1.53 Unrealized @ Report Date -15.9%

— SOUTHWESTERN ENERGY CO 0.3%

Value $313K Shares 50,000 Share Price $6.26 Est. Cost/Share — Unrealized @ Report Date —

— NUSCALE PWR CORP 0.1%

Value $102K Shares 50,000 Share Price $2.04 Est. Cost/Share $2.04 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
PDS	PRECISION DRILLING CORP	208,000	$13.32M	11.4%	$64.02 *	$16.66	+335.6%	COM NEW	74022D407
NOV	NOV INC	750,000	$12.68M	10.9%	$16.91 *	$14.57	+29.1%	COM	62955J103
SGOL	ABRDN GOLD ETF TRUST	655,000	$11.35M	9.7%	$17.33	$18.05	—	PHYSCL GOLD SHS	00326A104
ALGT	ALLEGIANT TRAVEL CO	84,750	$9.584M	8.2%	$113.09 *	$146.37	-5.0%	COM	01748X102
AR	ANTERO RESOURCES CORP	240,500	$7.372M	6.3%	$30.65 *	$15.87	+130.5%	COM	03674X106
TPL	TEXAS PACIFIC LAND CORPORATI	4,950	$7.366M	6.3%	$1488.08 *	$117.17	+33.2%	COM	88262P102
EQT	EQT CORP	193,000	$6.639M	5.7%	$34.40 *	$22.00	+77.4%	COM	26884L109
EOG	EOG RES INC	56,500	$6.24M	5.3%	$110.44 *	$35.99	+193.8%	COM	26875P101
PHYS	SPROTT PHYSICAL GOLD TR	395,000	$5.601M	4.8%	$14.18	$14.71	—	UNIT	85207H104
NXE	NEXGEN ENERGY LTD	1,550,000	$5.565M	4.8%	$3.59 *	$2.43	+95.3%	COM	65340P106
—	BARRICK GOLD CORP	275,000	$4.865M	4.2%	$17.69	$17.00	—	COM	067901108
—	CONSOL ENERGY INC NEW	84,185	$4.157M	3.6%	$49.38	$24.28	—	COM	20854L108
SMR	NUSCALE PWR CORP	415,000	$4.146M	3.5%	$9.99	$10.11	0.0%	CL A COM	67079K100
VSAT	VIASAT INC	130,000	$3.982M	3.4%	$30.63 *	$59.02	-34.5%	COM	92552V100
BBCP	CONCRETE PUMPING HLDGS INC	426,160	$2.583M	2.2%	$6.06 *	$4.12	+21.9%	COM	206704108
SA	SEABRIDGE GOLD INC	182,500	$2.268M	1.9%	$12.43 *	$18.00	-11.0%	COM	811916105
NEM	NEWMONT CORP	38,000	$2.267M	1.9%	$59.66 *	$37.20	+70.1%	COM	651639106
URNM	SPROTT FDS TR	32,000	$1.828M	1.6%	$57.13	$57.13	—	URANIUM MINERS E	85208P303
CCJ	CAMECO CORP	83,500	$1.755M	1.5%	$21.02 *	$23.42	+6.7%	COM	13321L108
EQT	EQT CORP	25,000	$860K	0.7%	$34.40 *	$22.00	+77.4%	Call	26884L109
BBBY	OVERSTOCK COM INC DEL	21,500	$538K	0.5%	$25.02 *	$33.06	0.0%	COM	690370101
PFE	PFIZER INC	10,000	$524K	0.4%	$52.40	—	—	Put	717081103
VSAT	VIASAT INC	16,500	$505K	0.4%	$30.61 *	$59.02	-34.5%	Call	92552V100
DNN	DENISON MINES CORP	458,000	$446K	0.4%	$0.97 *	$1.53	-15.9%	COM	248356107
—	SOUTHWESTERN ENERGY CO	50,000	$313K	0.3%	$6.26	—	—	Call	845467109
—	NUSCALE PWR CORP	50,000	$102K	0.1%	$2.04	$2.04	—	*W EXP 05/02/202	67079K118