0000919574-12-003559.txt : 20120515 0000919574-12-003559.hdr.sgml : 20120515 20120515151754 ACCESSION NUMBER: 0000919574-12-003559 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20120331 FILED AS OF DATE: 20120515 DATE AS OF CHANGE: 20120515 EFFECTIVENESS DATE: 20120515 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SUN VALLEY GOLD LLC CENTRAL INDEX KEY: 0001280493 IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-10808 FILM NUMBER: 12843946 BUSINESS ADDRESS: STREET 1: 620 SUN VALLEY ROAD STREET 2: P.O. BOX 2759 CITY: SUN VALLEY STATE: ID ZIP: 83353 BUSINESS PHONE: 208-726-2327 MAIL ADDRESS: STREET 1: 620 SUN VALLEY ROAD STREET 2: P.O. BOX 2759 CITY: SUN VALLEY STATE: ID ZIP: 83353 13F-HR 1 d1290325_13f-hr.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F FORM 13F Cover Page Report for the Calendar Year or Quarter Ended: March 31, 2012 Check here if Amendment: |_|; Amendment Number: ____ This Amendment (Check only one): |_| is a restatement |_| adds new holding entries. Institutional Manager Filing this Report: Name: Sun Valley Gold LLC Address: 620 Sun Valley Road P.O. Box 2759 Sun Valley, Idaho 83353 13F File Number: 028-10808 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Peter F. Palmedo Title: Managing Member, Sun Valley Gold LLC Phone: 208-726-2327 Signature, Place and Date of Signing: /s/ Peter F. Palmedo Sun Valley, Idaho May 15, 2012 -------------------------- -------------------- ------------------ [Signature] [City, State] [Date] Report Type: (Check only one): [X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report). [_] 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting managers(s).) [_] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) List of Other Managers Reporting for this Manager: NONE Form 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 32 Form 13F Information Table Value Total: $2,238,139 (thousands) List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. NONE FORM 13F INFORMATION TABLE March 31, 2012
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COL 6 COL 7 COLUMN 8 TITLE OF VALUE SHRS OR SH/ PUT/ INVSMT OTHR VOTING AUTHORITY NAME OF ISSUER CLASS CUSIP (X$1000) PRN AMT PRN CALL DSCRTN MGRS SOLE SHARED NONE AGNICO EAGLE MINES LTD COM 008474108 31,685 949,227 SH SOLE NONE 949,227 AURICO GOLD INC COM 05155C105 31,428 3,543,185 SH SOLE NONE 3,543,185 AURIZON MINES LTD COM 05155P106 8,296 1,696,825 SH SOLE NONE 1,696,825 BARRICK GOLD CORP COM 067901108 58,770 1,351,659 SH SOLE NONE 1,351,659 BARRICK GOLD CORP COM 067901108 53,811 1,237,600 CALL SOLE NONE 1,237,600 COEUR D ALENE MINES CORP IDA COM NEW 192108504 30,192 1,271,795 SH SOLE NONE 1,271,795 COMSTOCK MNG INC COM 205750102 1,349 688,026 SH SOLE NONE 688,026 ELDORADO GOLD CORP NEW COM 284902103 16,695 1,216,305 SH SOLE NONE 1,216,305 EXETER RES CORP COM 301835104 5,687 2,064,017 SH SOLE NONE 2,064,017 GOLDCORP INC NEW COM 380956409 763 16,930 SH SOLE NONE 16,930 GOLDEN MINERALS CO COM 381119106 1,366 162,000 SH SOLE NONE 162,000 GOLDEN STAR RES LTD CDA COM 38119T104 3,390 1,822,482 SH SOLE NONE 1,822,482 HUDBAY MINERALS INC COM 443628102 10,926 996,800 SH SOLE NONE 996,800 IAMGOLD CORP COM 450913108 2,337 175,674 SH SOLE NONE 175,674 JAGUAR MNG INC COM 47009M103 11,086 2,354,287 SH SOLE NONE 2,354,287 KIMBER RES INC COM 49435N101 2,295 2,490,199 SH SOLE NONE 2,490,199 KINROSS GOLD CORP COM NO PAR 496902404 50,538 5,162,252 SH SOLE NONE 5,162,252 KOBEX MINERALS INC COM 49989C105 134 238,285 SH SOLE NONE 238,285 MAG SILVER CORP COM 55903Q104 9,980 986,206 SH SOLE NONE 986,206 MARKET VECTORS ETF TR GOLD MINER ETF 57060U100 48,103 971,000 CALL SOLE NONE 971,000 MARKET VECTORS ETF TR JR GOLD MINERS E 57060U589 46,450 1,892,077 SH SOLE NONE 1,892,077 MIDWAY GOLD CORP COM 598153104 451 445,429 SH SOLE NONE 445,429 MINEFINDERS CORP LTD COM 602900102 19,786 1,413,646 SH SOLE NONE 1,413,646 NEWMONT MINING CORP COM 651639106 90,128 1,757,900 CALL SOLE NONE 1,757,900 POWERSHARES QQQ TRUST UNIT SER 1 73935A104 88,200 1,305,700 PUT SOLE NONE 1,305,700 PRIMERO MNG CORP COM 74164W106 7,296 2,806,200 SH SOLE NONE 2,806,200 RANDGOLD RES LTD ADR 752344309 8,576 97,473 SH SOLE NONE 97,473 SPDR GOLD TRUST GOLD SHS 78463V107 45,126 278,350 SH SOLE NONE 278,350 SPDR GOLD TRUST GOLD SHS 78463V107 1,296,960 8,000,000 CALL SOLE NONE 8,000,000 SPDR S&P 500 ETF TR TR UNIT 78462F103 153,708 1,091,600 PUT SOLE NONE 1,091,600 STILLWATER MNG CO COM 86074Q102 73,909 5,847,268 SH SOLE NONE 5,847,268 VISTA GOLD CORP COM NEW 927926303 28,717 9,145,644 SH SOLE NONE 9,145,644
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