Mountain Lake Investment Management LLC Diversified Active

Name: Mountain Lake Investment Management LLC Q4 2023 13F Filing | 13F Explorer
Creator: Mountain Lake Investment Management LLC
Published: 2024-02-14

Location: San Francisco, CA

CIK: 0001308555 · Show all filings

Period: Q4 2023 (← Previous) (Next →)

Filing Date: Feb 14, 2024

Total Value: $97.77M (100.0% shares, 0.0% debt)

Holdings (17)

SGOL ABRDN GOLD ETF TRUST 12.6%

Value $12.3M Shares 623,000 Share Price $19.74 Est. Cost/Share $17.92 Unrealized @ Report Date —

ALGT ALLEGIANT TRAVEL CO 10.0%

Value $9.748M Shares 118,000 Share Price $82.61 * Est. Cost/Share $130.30 Unrealized @ Report Date -45.8%

SDRL SEADRILL 2021 LTD 9.1%

Value $8.903M Shares 188,300 Share Price $47.28 * Est. Cost/Share $38.78 Unrealized @ Report Date +9.4%

— SITIO ROYALTIES CORP 9.0%

Value $8.816M Shares 375,000 Share Price $23.51 Est. Cost/Share $27.29 Unrealized @ Report Date —

NXE NEXGEN ENERGY LTD 8.9%

Value $8.694M Shares 1,242,000 Share Price $7.00 * Est. Cost/Share $2.63 Unrealized @ Report Date +136.7%

NE NOBLE CORP PLC 8.8%

Value $8.572M Shares 178,000 Share Price $48.16 * Est. Cost/Share $31.50 Unrealized @ Report Date +30.8%

— VISTA OUTDOOR INC 8.2%

Value $8.058M Shares 272,500 Share Price $29.57 Est. Cost/Share $25.88 Unrealized @ Report Date —

PDS PRECISION DRILLING CORP 6.1%

Value $5.996M Shares 110,450 Share Price $54.29 * Est. Cost/Share $23.03 Unrealized @ Report Date +150.8%

AR ANTERO RESOURCES CORP 5.3%

Value $5.228M Shares 230,500 Share Price $22.68 * Est. Cost/Share $18.97 Unrealized @ Report Date +33.6%

PHYS SPROTT PHYSICAL GOLD TR 5.2%

Value $5.066M Shares 318,000 Share Price $15.93 Est. Cost/Share $14.71 Unrealized @ Report Date —

EQT EQT CORP 4.3%

Value $4.253M Shares 110,000 Share Price $38.66 Est. Cost/Share $23.51 Unrealized @ Report Date +67.2%

TFPM TRIPLE FLAG PRECIOUS METAL 3.7%

Value $3.594M Shares 270,000 Share Price $13.31 Est. Cost/Share $13.48 Unrealized @ Report Date -2.9%

URNJ SPROTT FDS TR 2.5%

Value $2.413M Shares 102,300 Share Price $23.59 Est. Cost/Share $17.17 Unrealized @ Report Date —

ABG ASBURY AUTOMOTIVE GROUP INC 2.3%

Value $2.25M Shares 10,000 Share Price $224.97 * Est. Cost/Share $211.37 Unrealized @ Report Date 0.0%

BLDR BUILDERS FIRSTSOURCE INC 1.8%

Value $1.753M Shares 10,500 Share Price $166.94 * Est. Cost/Share $132.90 Unrealized @ Report Date 0.0%

COST COSTCO WHSL CORP NEW 1.4%

Value $1.337M Shares 2,025 Share Price $660.08 * Est. Cost/Share $468.97 Unrealized @ Report Date +22.3%

SA SEABRIDGE GOLD INC 0.8%

Value $788K Shares 65,000 Share Price $12.13 * Est. Cost/Share $11.50 Unrealized @ Report Date 0.0%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
SGOL	ABRDN GOLD ETF TRUST	623,000	$12.3M	12.6%	$19.74	$17.92	—	PHYSCL GOLD SHS	00326A104
ALGT	ALLEGIANT TRAVEL CO	118,000	$9.748M	10.0%	$82.61 *	$130.30	-45.8%	COM	01748X102
SDRL	SEADRILL 2021 LTD	188,300	$8.903M	9.1%	$47.28 *	$38.78	+9.4%	COM	G7997W102
—	SITIO ROYALTIES CORP	375,000	$8.816M	9.0%	$23.51	$27.29	—	CLASS A COM	82983N108
NXE	NEXGEN ENERGY LTD	1,242,000	$8.694M	8.9%	$7.00 *	$2.63	+136.7%	COM	65340P106
NE	NOBLE CORP PLC	178,000	$8.572M	8.8%	$48.16 *	$31.50	+30.8%	ORD SHS A	G65431127
—	VISTA OUTDOOR INC	272,500	$8.058M	8.2%	$29.57	$25.88	—	COM	928377100
PDS	PRECISION DRILLING CORP	110,450	$5.996M	6.1%	$54.29 *	$23.03	+150.8%	COM NEW	74022D407
AR	ANTERO RESOURCES CORP	230,500	$5.228M	5.3%	$22.68 *	$18.97	+33.6%	COM	03674X106
PHYS	SPROTT PHYSICAL GOLD TR	318,000	$5.066M	5.2%	$15.93	$14.71	—	UNIT	85207H104
EQT	EQT CORP	110,000	$4.253M	4.3%	$38.66	$23.51	+67.2%	COM	26884L109
TFPM	TRIPLE FLAG PRECIOUS METAL	270,000	$3.594M	3.7%	$13.31	$13.48	-2.9%	COM	89679M104
URNJ	SPROTT FDS TR	102,300	$2.413M	2.5%	$23.59	$17.17	—	JUNIOR URANIUM	85208P808
ABG	ASBURY AUTOMOTIVE GROUP INC	10,000	$2.25M	2.3%	$224.97 *	$211.37	0.0%	COM	043436104
BLDR	BUILDERS FIRSTSOURCE INC	10,500	$1.753M	1.8%	$166.94 *	$132.90	0.0%	COM	12008R107
COST	COSTCO WHSL CORP NEW	2,025	$1.337M	1.4%	$660.08 *	$468.97	+22.3%	COM	22160K105
SA	SEABRIDGE GOLD INC	65,000	$788K	0.8%	$12.13 *	$11.50	0.0%	COM	811916105