Mountain Lake Investment Management LLC Diversified Active

CIK: 0001308555 · Show all filings

Period: Q1 2023 (← Previous) (Next →)

Filing Date: May 15, 2023

Total Value ($000): $109,603 (100.0% shares, 0.0% debt)

Holdings (23)

SGOL ABRDN GOLD ETF TRUST 12.3%

Value ($000) $13,492 Shares 715,000 Est. Cost $17.92 Unrealized —

ALGT ALLEGIANT TRAVEL CO 10.0%

Value ($000) $10,992 Shares 119,500 Est. Cost $131.77 Unrealized -34.1%

— SITIO ROYALTIES CORP 8.9%

Value ($000) $9,705 Shares 429,418 Est. Cost $27.33 Unrealized —

PDS PRECISION DRILLING CORP 8.4%

Value ($000) $9,153 Shares 178,000 Est. Cost $23.03 Unrealized +181.3%

NE NOBLE CORP PLC 6.8%

Value ($000) $7,420 Shares 188,000 Est. Cost $31.31 Unrealized +11.6%

EQT EQT CORP 6.6%

Value ($000) $7,180 Shares 225,000 Est. Cost $23.51 Unrealized +30.5%

SDRL SEADRILL 2021 LTD 6.2%

Value ($000) $6,827 Shares 170,000 Est. Cost $39.18 Unrealized 0.0%

NXE NEXGEN ENERGY LTD 5.9%

Value ($000) $6,511 Shares 1,700,000 Est. Cost $2.63 Unrealized +63.4%

PHYS SPROTT PHYSICAL GOLD TR 5.4%

Value ($000) $5,906 Shares 382,000 Est. Cost $14.71 Unrealized —

— VISTA OUTDOOR INC 5.2%

Value ($000) $5,681 Shares 205,000 Est. Cost $24.69 Unrealized —

AR ANTERO RESOURCES CORP 4.9%

Value ($000) $5,322 Shares 230,500 Est. Cost $17.92 Unrealized +47.1%

TFPM TRIPLE FLAG PRECIOUS METAL 4.8%

Value ($000) $5,233 Shares 350,000 Est. Cost $13.48 Unrealized +1.1%

NOV NOV INC 3.6%

Value ($000) $3,980 Shares 215,000 Est. Cost $14.57 Unrealized +48.1%

EOG EOG RES INC 3.5%

Value ($000) $3,783 Shares 33,000 Est. Cost $35.99 Unrealized +203.7%

URNM SPROTT FDS TR 2.1%

Value ($000) $2,259 Shares 72,000 Est. Cost $46.72 Unrealized —

SMR NUSCALE PWR CORP 1.9%

Value ($000) $2,118 Shares 233,000 Est. Cost $10.11 Unrealized -0.8%

COST COSTCO WHSL CORP NEW 1.1%

Value ($000) $1,242 Shares 2,500 Est. Cost $468.97 Unrealized +0.5%

BBCP CONCRETE PUMPING HLDGS INC 0.9%

Value ($000) $935 Shares 137,500 Est. Cost $4.12 Unrealized +56.2%

— ARES ACQUISITION CORPORATION 0.5%

Value ($000) $516 Shares 50,000 Est. Cost $10.32 Unrealized —

DNN DENISON MINES CORP 0.5%

Value ($000) $499 Shares 458,000 Est. Cost $1.53 Unrealized -19.0%

RIG TRANSOCEAN LTD 0.4%

Value ($000) $477 Shares 75,000 Est. Cost $6.42 Unrealized 0.0%

JOE ST JOE CO 0.3%

Value ($000) $291 Shares 7,000 Est. Cost $42.82 Unrealized 0.0%

— NUSCALE PWR CORP 0.1%

Value ($000) $83 Shares 50,000 Est. Cost $2.04 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SGOL	ABRDN GOLD ETF TRUST	715,000	$13,492	12.3%	$17.92	—	PHYSCL GOLD SHS	00326A104
ALGT	ALLEGIANT TRAVEL CO	119,500	$10,992	10.0%	$131.77	-34.1%	COM	01748X102
—	SITIO ROYALTIES CORP	429,418	$9,705	8.9%	$27.33	—	CLASS A COM	82983N108
PDS	PRECISION DRILLING CORP	178,000	$9,153	8.4%	$23.03	+181.3%	COM NEW	74022D407
NE	NOBLE CORP PLC	188,000	$7,420	6.8%	$31.31	+11.6%	ORD SHS A	G65431127
EQT	EQT CORP	225,000	$7,180	6.6%	$23.51	+30.5%	COM	26884L109
SDRL	SEADRILL 2021 LTD	170,000	$6,827	6.2%	$39.18	0.0%	COM	G7997W102
NXE	NEXGEN ENERGY LTD	1,700,000	$6,511	5.9%	$2.63	+63.4%	COM	65340P106
PHYS	SPROTT PHYSICAL GOLD TR	382,000	$5,906	5.4%	$14.71	—	UNIT	85207H104
—	VISTA OUTDOOR INC	205,000	$5,681	5.2%	$24.69	—	COM	928377100
AR	ANTERO RESOURCES CORP	230,500	$5,322	4.9%	$17.92	+47.1%	COM	03674X106
TFPM	TRIPLE FLAG PRECIOUS METAL	350,000	$5,233	4.8%	$13.48	+1.1%	COM	89679M104
NOV	NOV INC	215,000	$3,980	3.6%	$14.57	+48.1%	COM	62955J103
EOG	EOG RES INC	33,000	$3,783	3.5%	$35.99	+203.7%	COM	26875P101
URNM	SPROTT FDS TR	72,000	$2,259	2.1%	$46.72	—	URANIUM MINERS E	85208P303
SMR	NUSCALE PWR CORP	233,000	$2,118	1.9%	$10.11	-0.8%	CL A COM	67079K100
COST	COSTCO WHSL CORP NEW	2,500	$1,242	1.1%	$468.97	+0.5%	COM	22160K105
BBCP	CONCRETE PUMPING HLDGS INC	137,500	$935	0.9%	$4.12	+56.2%	COM	206704108
—	ARES ACQUISITION CORPORATION	50,000	$516	0.5%	$10.32	—	COM CL A	G33032106
DNN	DENISON MINES CORP	458,000	$499	0.5%	$1.53	-19.0%	COM	248356107
RIG	TRANSOCEAN LTD	75,000	$477	0.4%	$6.42	0.0%	REG SHS	H8817H100
JOE	ST JOE CO	7,000	$291	0.3%	$42.82	0.0%	COM	790148100
—	NUSCALE PWR CORP	50,000	$83	0.1%	$2.04	—	*W EXP 05/02/202	67079K118