Mountain Lake Investment Management LLC Diversified Active

CIK: 0001308555 · Show all filings

Period: Q4 2023 (← Previous) (Next →)

Filing Date: Feb 14, 2024

Total Value ($000): $97,766 (100.0% shares, 0.0% debt)

Holdings (17)

SGOL ABRDN GOLD ETF TRUST 12.6%

Value ($000) $12,298 Shares 623,000 Est. Cost $17.92 Unrealized —

ALGT ALLEGIANT TRAVEL CO 10.0%

Value ($000) $9,748 Shares 118,000 Est. Cost $130.30 Unrealized -45.8%

SDRL SEADRILL 2021 LTD 9.1%

Value ($000) $8,903 Shares 188,300 Est. Cost $38.78 Unrealized +9.4%

— SITIO ROYALTIES CORP 9.0%

Value ($000) $8,816 Shares 375,000 Est. Cost $27.29 Unrealized —

NXE NEXGEN ENERGY LTD 8.9%

Value ($000) $8,694 Shares 1,242,000 Est. Cost $2.63 Unrealized +136.7%

NE NOBLE CORP PLC 8.8%

Value ($000) $8,572 Shares 178,000 Est. Cost $31.50 Unrealized +30.8%

— VISTA OUTDOOR INC 8.2%

Value ($000) $8,058 Shares 272,500 Est. Cost $25.88 Unrealized —

PDS PRECISION DRILLING CORP 6.1%

Value ($000) $5,996 Shares 110,450 Est. Cost $23.03 Unrealized +150.8%

AR ANTERO RESOURCES CORP 5.3%

Value ($000) $5,228 Shares 230,500 Est. Cost $18.97 Unrealized +33.6%

PHYS SPROTT PHYSICAL GOLD TR 5.2%

Value ($000) $5,066 Shares 318,000 Est. Cost $14.71 Unrealized —

EQT EQT CORP 4.3%

Value ($000) $4,253 Shares 110,000 Est. Cost $23.51 Unrealized +67.2%

TFPM TRIPLE FLAG PRECIOUS METAL 3.7%

Value ($000) $3,594 Shares 270,000 Est. Cost $13.48 Unrealized -2.9%

URNJ SPROTT FDS TR 2.5%

Value ($000) $2,413 Shares 102,300 Est. Cost $17.17 Unrealized —

ABG ASBURY AUTOMOTIVE GROUP INC 2.3%

Value ($000) $2,250 Shares 10,000 Est. Cost $211.37 Unrealized 0.0%

BLDR BUILDERS FIRSTSOURCE INC 1.8%

Value ($000) $1,753 Shares 10,500 Est. Cost $132.90 Unrealized 0.0%

COST COSTCO WHSL CORP NEW 1.4%

Value ($000) $1,337 Shares 2,025 Est. Cost $468.97 Unrealized +22.3%

SA SEABRIDGE GOLD INC 0.8%

Value ($000) $788 Shares 65,000 Est. Cost $11.50 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SGOL	ABRDN GOLD ETF TRUST	623,000	$12,298	12.6%	$17.92	—	PHYSCL GOLD SHS	00326A104
ALGT	ALLEGIANT TRAVEL CO	118,000	$9,748	10.0%	$130.30	-45.8%	COM	01748X102
SDRL	SEADRILL 2021 LTD	188,300	$8,903	9.1%	$38.78	+9.4%	COM	G7997W102
—	SITIO ROYALTIES CORP	375,000	$8,816	9.0%	$27.29	—	CLASS A COM	82983N108
NXE	NEXGEN ENERGY LTD	1,242,000	$8,694	8.9%	$2.63	+136.7%	COM	65340P106
NE	NOBLE CORP PLC	178,000	$8,572	8.8%	$31.50	+30.8%	ORD SHS A	G65431127
—	VISTA OUTDOOR INC	272,500	$8,058	8.2%	$25.88	—	COM	928377100
PDS	PRECISION DRILLING CORP	110,450	$5,996	6.1%	$23.03	+150.8%	COM NEW	74022D407
AR	ANTERO RESOURCES CORP	230,500	$5,228	5.3%	$18.97	+33.6%	COM	03674X106
PHYS	SPROTT PHYSICAL GOLD TR	318,000	$5,066	5.2%	$14.71	—	UNIT	85207H104
EQT	EQT CORP	110,000	$4,253	4.3%	$23.51	+67.2%	COM	26884L109
TFPM	TRIPLE FLAG PRECIOUS METAL	270,000	$3,594	3.7%	$13.48	-2.9%	COM	89679M104
URNJ	SPROTT FDS TR	102,300	$2,413	2.5%	$17.17	—	JUNIOR URANIUM	85208P808
ABG	ASBURY AUTOMOTIVE GROUP INC	10,000	$2,250	2.3%	$211.37	0.0%	COM	043436104
BLDR	BUILDERS FIRSTSOURCE INC	10,500	$1,753	1.8%	$132.90	0.0%	COM	12008R107
COST	COSTCO WHSL CORP NEW	2,025	$1,337	1.4%	$468.97	+22.3%	COM	22160K105
SA	SEABRIDGE GOLD INC	65,000	$788	0.8%	$11.50	0.0%	COM	811916105