The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
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COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
AMAZON COM INC COM 023135106 378 120 SH   SOLE   120 0 0
AMAZON COM INC COM 023135106 2,834 900 SH Put SOLE   900 0 0
ANGLOGOLD ASHANTI LIMITED SPONSORED ADR 035128206 17,003 644,546 SH   SOLE   644,546 0 0
APPLE INC COM 037833100 266 2,300 SH Put SOLE   2,300 0 0
ARK ETF TR INNOVATION ETF 00214Q104 4,600 50,000 SH Put SOLE   50,000 0 0
CAMECO CORP COM 13321L108 505 50,000 SH Call SOLE   50,000 0 0
ELDORADO GOLD CORP NEW COM 284902509 1,055 100,000 SH Call SOLE   100,000 0 0
EQUINOX GOLD CORP COM 29446Y502 586 50,000 SH Call SOLE   50,000 0 0
FIRST MAJESTIC SILVER CORP COM 32076V103 95 10,000 SH Put SOLE   10,000 0 0
FIRST MAJESTIC SILVER CORP COM 32076V103 6,664 700,000 SH Call SOLE   700,000 0 0
GALIANO GOLD INC COM 36352H100 28 20,000 SH   SOLE   20,000 0 0
HECLA MNG CO COM 422704106 127 25,000 SH Call SOLE   25,000 0 0
HYCROFT MINING HOLDING CORP *W EXP 10/12/202 44862P125 28 97,132 SH   SOLE   97,132 0 0
INVESCO CURRENCYSHARES EURO EURO SHS 46138K103 118,968 1,077,900 SH Put SOLE   1,077,900 0 0
INVESCO QQQ TR UNIT SER 1 46090E103 11,114 40,000 SH Put SOLE   40,000 0 0
ISHARES SILVER TR ISHARES 46428Q109 444 20,500 SH Call SOLE   20,500 0 0
ISHARES TR 20 YR TR BD ETF 464287952 1,482 9,080,000 SH Put SOLE   9,080,000 0 0
ISHARES TR JPMORGAN USD EMG 464288281 94,279 850,200 SH Put SOLE   850,200 0 0
KIRKLAND LAKE GOLD LTD COM 49741E100 79,223 1,623,817 SH   SOLE   1,623,817 0 0
MICROSOFT CORP COM 594918104 273 1,300 SH Put SOLE   1,300 0 0
NETFLIX INC COM 64110L106 10,001 20,000 SH Put SOLE   20,000 0 0
NEW GOLD INC CDA COM 644535106 48 28,000 SH   SOLE   28,000 0 0
PAN AMERN SILVER CORP COM 697900108 965 30,000 SH Call SOLE   30,000 0 0
PAN AMERN SILVER CORP COM 697900108 93,932 2,921,902 SH   SOLE   2,921,902 0 0
SANDSTORM GOLD LTD COM 80013R206 591 70,000 SH Call SOLE   70,000 0 0
SELECT SECTOR SPDR TR SBI MATERIALS 81369Y100 1,498 50,000 SH Call SOLE   50,000 0 0
SNAP INC CL A 83304A106 16,972 650,000 SH Put SOLE   650,000 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 3,349 10,000 SH Call SOLE   10,000 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 13,697 40,900 SH Put SOLE   40,900 0 0
SPROTT INC COM NEW 852066208 1,966 57,586 SH   SOLE   57,586 0 0
TEXAS PAC LD TR SUB CTF PROP I T 882610108 385 853 SH   SOLE   853 0 0
TRILOGY METALS INC NEW COM 89621C105 358 200,000 SH Call SOLE   200,000 0 0
TURQUOISE HILL RES LTD COM 900435108 15 17,815 SH   SOLE   17,815 0 0
URANIUM ENERGY CORP COM 916896103 52 87,521 SH   SOLE   87,521 0 0
VANECK VECTORS ETF TR GOLD MINERS ETF 92189F106 803 20,500 SH Put SOLE   20,500 0 0
VANECK VECTORS ETF TR JR GOLD MINERS E 92189F791 1,107 20,000 SH Call SOLE   20,000 0 0
VANECK VECTORS ETF TR JR GOLD MINERS E 92189F791 1,223 22,100 SH Put SOLE   22,100 0 0