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

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COLUMN 1COLUMN 2COLUMN 3COLUMN 4COLUMN 5COLUMN 6COLUMN 7COLUMN 8
VALUESHRS ORSH/PUT/INVESTMENTOTHERVOTING AUTHORITY
NAME OF ISSUERTITLE OF CLASSCUSIP(x$1000)PRN AMTPRNCALLDISCRETIONMANAGERSOLESHAREDNONE
ALAMOS GOLD INC NEWCOM CL A01153210843,9385,031,294SH SOLE 5,031,29400
B2GOLD CORPCOM11777Q20918,3623,279,219SH SOLE 3,279,21900
GALIANO GOLD INCCOM36352H10026,63623,718,489SH SOLE 23,718,48900
GOLD STD VENTURES CORPCOM38073810412,28717,192,600SH SOLE 17,192,60000
KIRKLAND LAKE GOLD LTDCOM49741E10014,646354,565SH SOLE 354,56500
OSISKO GOLD ROYALTIES LTDCOM68827L10128,5012,249,943SH SOLE 2,249,94300
PRETIUM RES INCCOM74139c10223,1572,021,044SH SOLE 2,021,04400
SPROTT INCCOM NEW85206620815,352528,919SH SOLE 528,91900
SSR MNG INCCOM78473010314,539722,955SH SOLE 722,95500
VISTA GOLD CORPCOM NEW92792630320,11218,622,544SH SOLE 18,622,54400