Merk Investments LLC Long-Term Concentrated

CIK: 0001302842 · Show all filings

Period: Q1 2025 (← Previous) (Next →)

Filing Date: May 16, 2025

Total Value ($000): $183,433 (100.0% shares, 0.0% debt)

Holdings (10)

ORLA ORLA MNG LTD NEW 31.6%

Value ($000) $57,970 Shares 6,200,000 Est. Cost $4.19 Unrealized +69.5%

— AMERICAS GOLD AND SILVER COR 20.7%

Value ($000) $38,062 Shares 71,151,028 Est. Cost $0.62 Unrealized —

AGI ALAMOS GOLD INC NEW 14.6%

Value ($000) $26,740 Shares 1,000,000 Est. Cost $5.19 Unrealized +334.0%

AEM AGNICO EAGLE MINES LTD 9.8%

Value ($000) $17,886 Shares 165,000 Est. Cost $50.36 Unrealized +87.8%

GFI GOLD FIELDS LTD 6.0%

Value ($000) $11,045 Shares 500,000 Est. Cost $8.22 Unrealized —

AU ANGLOGOLD ASHANTI PLC 5.6%

Value ($000) $10,208 Shares 275,000 Est. Cost $17.52 Unrealized +67.7%

MTA METALLA RTY & STREAMING LTD 4.7%

Value ($000) $8,580 Shares 3,000,000 Est. Cost $3.00 Unrealized -3.7%

ITRG INTEGRA RES CORP 3.7%

Value ($000) $6,857 Shares 5,524,510 Est. Cost $0.77 Unrealized +40.2%

BTG B2GOLD CORP 3.1%

Value ($000) $5,700 Shares 2,000,000 Est. Cost $2.82 Unrealized -5.9%

OUNZ VANECK MERK GOLD ETF 0.2%

Value ($000) $386 Shares 12,794 Est. Cost $23.23 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
ORLA	ORLA MNG LTD NEW	6,200,000	$57,970	31.6%	$4.19	+69.5%	COM	68634K106
—	AMERICAS GOLD AND SILVER COR	71,151,028	$38,062	20.7%	$0.62	—	COM	03062D100
AGI	ALAMOS GOLD INC NEW	1,000,000	$26,740	14.6%	$5.19	+334.0%	COM CL A	011532108
AEM	AGNICO EAGLE MINES LTD	165,000	$17,886	9.8%	$50.36	+87.8%	COM	008474108
GFI	GOLD FIELDS LTD	500,000	$11,045	6.0%	$8.22	—	SPONSORED ADR	38059T106
AU	ANGLOGOLD ASHANTI PLC	275,000	$10,208	5.6%	$17.52	+67.7%	COM SHS	G0378L100
MTA	METALLA RTY & STREAMING LTD	3,000,000	$8,580	4.7%	$3.00	-3.7%	COM NEW	59124U605
ITRG	INTEGRA RES CORP	5,524,510	$6,857	3.7%	$0.77	+40.2%	COM	45826T509
BTG	B2GOLD CORP	2,000,000	$5,700	3.1%	$2.82	-5.9%	COM	11777Q209
OUNZ	VANECK MERK GOLD ETF	12,794	$386	0.2%	$23.23	—	GOLD SHS	921078101