Merk Investments LLC Long-Term Concentrated

CIK: 0001302842 · Show all filings

Period: Q1 2024 (← Previous) (Next →)

Filing Date: May 14, 2024

Total Value ($000): $89,642 (100.0% shares, 0.0% debt)

Holdings (13)

ORLA ORLA MNG LTD NEW 26.2%

Value ($000) $23,498 Shares 6,200,000 Est. Cost $4.19 Unrealized -17.7%

AGI ALAMOS GOLD INC NEW 16.5%

Value ($000) $14,750 Shares 1,000,000 Est. Cost $5.19 Unrealized +141.7%

— BARRICK GOLD CORP 12.1%

Value ($000) $10,816 Shares 650,000 Est. Cost $24.12 Unrealized —

AEM AGNICO EAGLE MINES LTD 11.0%

Value ($000) $9,842 Shares 165,000 Est. Cost $50.36 Unrealized -1.6%

GFI GOLD FIELDS LTD 10.6%

Value ($000) $9,534 Shares 600,000 Est. Cost $8.22 Unrealized —

AU ANGLOGOLD ASHANTI PLC 6.8%

Value ($000) $6,105 Shares 275,000 Est. Cost $17.52 Unrealized +0.3%

BTG B2GOLD CORP 5.8%

Value ($000) $5,220 Shares 2,000,000 Est. Cost $2.82 Unrealized -10.6%

SKE SKEENA RES LTD NEW 3.6%

Value ($000) $3,234 Shares 700,000 Est. Cost $10.34 Unrealized -59.2%

ITRG INTEGRA RES CORP 3.6%

Value ($000) $3,186 Shares 4,487,472 Est. Cost $0.74 Unrealized +9.7%

SBSW SIBANYE STILLWATER LTD 1.4%

Value ($000) $1,286 Shares 273,043 Est. Cost $5.30 Unrealized —

PPTA PERPETUA RESOURCES CORP 1.1%

Value ($000) $957 Shares 229,983 Est. Cost $3.37 Unrealized -2.3%

MTA METALLA RTY & STREAMING LTD 0.7%

Value ($000) $623 Shares 200,000 Est. Cost $2.85 Unrealized 0.0%

— AMERICAS GOLD AND SILVER COR 0.7%

Value ($000) $591 Shares 2,701,028 Est. Cost $2.86 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
ORLA	ORLA MNG LTD NEW	6,200,000	$23,498	26.2%	$4.19	-17.7%	COM	68634K106
AGI	ALAMOS GOLD INC NEW	1,000,000	$14,750	16.5%	$5.19	+141.7%	COM CL A	011532108
—	BARRICK GOLD CORP	650,000	$10,816	12.1%	$24.12	—	COM	067901108
AEM	AGNICO EAGLE MINES LTD	165,000	$9,842	11.0%	$50.36	-1.6%	COM	008474108
GFI	GOLD FIELDS LTD	600,000	$9,534	10.6%	$8.22	—	SPONSORED ADR	38059T106
AU	ANGLOGOLD ASHANTI PLC	275,000	$6,105	6.8%	$17.52	+0.3%	COM SHS	G0378L100
BTG	B2GOLD CORP	2,000,000	$5,220	5.8%	$2.82	-10.6%	COM	11777Q209
SKE	SKEENA RES LTD NEW	700,000	$3,234	3.6%	$10.34	-59.2%	COM	83056P715
ITRG	INTEGRA RES CORP	4,487,472	$3,186	3.6%	$0.74	+9.7%	COM	45826T509
SBSW	SIBANYE STILLWATER LTD	273,043	$1,286	1.4%	$5.30	—	SPONSORED ADR	82575P107
PPTA	PERPETUA RESOURCES CORP	229,983	$957	1.1%	$3.37	-2.3%	COM	714266103
MTA	METALLA RTY & STREAMING LTD	200,000	$623	0.7%	$2.85	0.0%	COM NEW	59124U605
—	AMERICAS GOLD AND SILVER COR	2,701,028	$591	0.7%	$2.86	—	COM	03062D100