Mountain Lake Investment Management LLC Diversified Active

Name: Mountain Lake Investment Management LLC Q1 2023 13F Filing | 13F Explorer
Creator: Mountain Lake Investment Management LLC
Published: 2023-05-15

Location: San Francisco, CA

CIK: 0001308555 · Show all filings

Period: Q1 2023 (← Previous) (Next →)

Filing Date: May 15, 2023

Total Value: $110M (100.0% shares, 0.0% debt)

Holdings (23)

SGOL ABRDN GOLD ETF TRUST 12.3%

Value $13.49M Shares 715,000 Share Price $18.87 Est. Cost/Share $17.92 Unrealized @ Report Date —

ALGT ALLEGIANT TRAVEL CO 10.0%

Value $10.99M Shares 119,500 Share Price $91.98 * Est. Cost/Share $131.77 Unrealized @ Report Date -34.1%

— SITIO ROYALTIES CORP 8.9%

Value $9.705M Shares 429,418 Share Price $22.60 Est. Cost/Share $27.33 Unrealized @ Report Date —

PDS PRECISION DRILLING CORP 8.4%

Value $9.153M Shares 178,000 Share Price $51.42 * Est. Cost/Share $23.03 Unrealized @ Report Date +181.3%

NE NOBLE CORP PLC 6.8%

Value $7.42M Shares 188,000 Share Price $39.47 * Est. Cost/Share $31.31 Unrealized @ Report Date +11.6%

EQT EQT CORP 6.6%

Value $7.18M Shares 225,000 Share Price $31.91 * Est. Cost/Share $23.51 Unrealized @ Report Date +30.5%

SDRL SEADRILL 2021 LTD 6.2%

Value $6.827M Shares 170,000 Share Price $40.16 * Est. Cost/Share $39.18 Unrealized @ Report Date 0.0%

NXE NEXGEN ENERGY LTD 5.9%

Value $6.511M Shares 1,700,000 Share Price $3.83 * Est. Cost/Share $2.63 Unrealized @ Report Date +63.4%

PHYS SPROTT PHYSICAL GOLD TR 5.4%

Value $5.906M Shares 382,000 Share Price $15.46 Est. Cost/Share $14.71 Unrealized @ Report Date —

— VISTA OUTDOOR INC 5.2%

Value $5.681M Shares 205,000 Share Price $27.71 Est. Cost/Share $24.69 Unrealized @ Report Date —

AR ANTERO RESOURCES CORP 4.9%

Value $5.322M Shares 230,500 Share Price $23.09 * Est. Cost/Share $17.92 Unrealized @ Report Date +47.1%

TFPM TRIPLE FLAG PRECIOUS METAL 4.8%

Value $5.232M Shares 350,000 Share Price $14.95 * Est. Cost/Share $13.48 Unrealized @ Report Date +1.1%

NOV NOV INC 3.6%

Value $3.98M Shares 215,000 Share Price $18.51 * Est. Cost/Share $14.57 Unrealized @ Report Date +48.1%

EOG EOG RES INC 3.5%

Value $3.783M Shares 33,000 Share Price $114.63 * Est. Cost/Share $35.99 Unrealized @ Report Date +203.7%

URNM SPROTT FDS TR 2.1%

Value $2.259M Shares 72,000 Share Price $31.37 Est. Cost/Share $46.72 Unrealized @ Report Date —

SMR NUSCALE PWR CORP 1.9%

Value $2.118M Shares 233,000 Share Price $9.09 * Est. Cost/Share $10.11 Unrealized @ Report Date -0.8%

COST COSTCO WHSL CORP NEW 1.1%

Value $1.242M Shares 2,500 Share Price $496.87 * Est. Cost/Share $468.97 Unrealized @ Report Date +0.5%

BBCP CONCRETE PUMPING HLDGS INC 0.9%

Value $935K Shares 137,500 Share Price $6.80 * Est. Cost/Share $4.12 Unrealized @ Report Date +56.2%

— ARES ACQUISITION CORPORATION 0.5%

Value $516K Shares 50,000 Share Price $10.32 Est. Cost/Share $10.32 Unrealized @ Report Date —

DNN DENISON MINES CORP 0.5%

Value $499K Shares 458,000 Share Price $1.09 * Est. Cost/Share $1.53 Unrealized @ Report Date -19.0%

RIG TRANSOCEAN LTD 0.4%

Value $477K Shares 75,000 Share Price $6.36 Est. Cost/Share $6.42 Unrealized @ Report Date 0.0%

JOE ST JOE CO 0.3%

Value $291K Shares 7,000 Share Price $41.61 * Est. Cost/Share $42.82 Unrealized @ Report Date 0.0%

— NUSCALE PWR CORP 0.1%

Value $82,500 Shares 50,000 Share Price $1.65 Est. Cost/Share $2.04 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
SGOL	ABRDN GOLD ETF TRUST	715,000	$13.49M	12.3%	$18.87	$17.92	—	PHYSCL GOLD SHS	00326A104
ALGT	ALLEGIANT TRAVEL CO	119,500	$10.99M	10.0%	$91.98 *	$131.77	-34.1%	COM	01748X102
—	SITIO ROYALTIES CORP	429,418	$9.705M	8.9%	$22.60	$27.33	—	CLASS A COM	82983N108
PDS	PRECISION DRILLING CORP	178,000	$9.153M	8.4%	$51.42 *	$23.03	+181.3%	COM NEW	74022D407
NE	NOBLE CORP PLC	188,000	$7.42M	6.8%	$39.47 *	$31.31	+11.6%	ORD SHS A	G65431127
EQT	EQT CORP	225,000	$7.18M	6.6%	$31.91 *	$23.51	+30.5%	COM	26884L109
SDRL	SEADRILL 2021 LTD	170,000	$6.827M	6.2%	$40.16 *	$39.18	0.0%	COM	G7997W102
NXE	NEXGEN ENERGY LTD	1,700,000	$6.511M	5.9%	$3.83 *	$2.63	+63.4%	COM	65340P106
PHYS	SPROTT PHYSICAL GOLD TR	382,000	$5.906M	5.4%	$15.46	$14.71	—	UNIT	85207H104
—	VISTA OUTDOOR INC	205,000	$5.681M	5.2%	$27.71	$24.69	—	COM	928377100
AR	ANTERO RESOURCES CORP	230,500	$5.322M	4.9%	$23.09 *	$17.92	+47.1%	COM	03674X106
TFPM	TRIPLE FLAG PRECIOUS METAL	350,000	$5.232M	4.8%	$14.95 *	$13.48	+1.1%	COM	89679M104
NOV	NOV INC	215,000	$3.98M	3.6%	$18.51 *	$14.57	+48.1%	COM	62955J103
EOG	EOG RES INC	33,000	$3.783M	3.5%	$114.63 *	$35.99	+203.7%	COM	26875P101
URNM	SPROTT FDS TR	72,000	$2.259M	2.1%	$31.37	$46.72	—	URANIUM MINERS E	85208P303
SMR	NUSCALE PWR CORP	233,000	$2.118M	1.9%	$9.09 *	$10.11	-0.8%	CL A COM	67079K100
COST	COSTCO WHSL CORP NEW	2,500	$1.242M	1.1%	$496.87 *	$468.97	+0.5%	COM	22160K105
BBCP	CONCRETE PUMPING HLDGS INC	137,500	$935K	0.9%	$6.80 *	$4.12	+56.2%	COM	206704108
—	ARES ACQUISITION CORPORATION	50,000	$516K	0.5%	$10.32	$10.32	—	COM CL A	G33032106
DNN	DENISON MINES CORP	458,000	$499K	0.5%	$1.09 *	$1.53	-19.0%	COM	248356107
RIG	TRANSOCEAN LTD	75,000	$477K	0.4%	$6.36	$6.42	0.0%	REG SHS	H8817H100
JOE	ST JOE CO	7,000	$291K	0.3%	$41.61 *	$42.82	0.0%	COM	790148100
—	NUSCALE PWR CORP	50,000	$82,500	0.1%	$1.65	$2.04	—	*W EXP 05/02/202	67079K118