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
Estimated average burden
hours per response: 23.8
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 FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ACADIAN ASSET MANAGEMENT INC COM 10948W103   315,402,264 8,950,121 SH   SOLE   8,950,121 0 0
AGNICO EAGLE MINES LTD COM 008474108   93,188,910 783,561 SH   SOLE   783,561 0 0
ALPHABET INC CAP STK CL C 02079K107   1,596,510 9,000 SH   SOLE   9,000 0 0
BAUSCH HEALTH COS INC COM 071734107   218,392,735 32,791,702 SH   SOLE   32,791,702 0 0
EQUINOX GOLD CORP COM 29446Y502   14,375,000 2,500,000 SH   SOLE   2,500,000 0 0
IAMGOLD CORP COM 450913108   13,597,500 1,850,000 SH   SOLE   1,850,000 0 0
HONEYWELL INTL INC COM 438516106   46,576,000 200,000 SH   SOLE   200,000 0 0
INTERNATIONAL TOWER HILL MIN COM 46050R102   60,089,796 70,239,388 SH   SOLE   70,239,388 0 0
JUNIPER NETWORKS INC COM 48203R104   9,982,500 250,000 SH   SOLE   250,000 0 0
MADRIGAL PHARMACEUTICALS INC COM 558868105   632,373,241 2,089,523 SH   SOLE   2,089,523 0 0
NOVAGOLD RES INC COM NEW 66987E206   111,403,669 27,238,061 SH   SOLE   27,238,061 0 0
PERPETUA RESOURCES CORP COM 714266103   392,696,210 32,347,299 SH   SOLE   32,347,299 0 0
SEABRIDGE GOLD INC COM 811916105   30,056,400 2,070,000 SH   SOLE   2,070,000 0 0
THRYV HLDGS INC COM NEW 886029206   52,044,800 4,280,000 SH   SOLE   4,280,000 0 0
TRILOGY METALS INC NEW COM 89621C105   19,341,445 14,326,996 SH   SOLE   14,326,996 0 0