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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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
AGNICO EAGLE MINES LTD COM 008474108 407 10,240 SH   SOLE   10,240 0 0
ALAMOS GOLD INC NEW COM CL A 011532108 787 158,625 SH   SOLE   137,580 0 21,045
AMERISERV FINL INC COM 03074A102 599 228,662 SH   SOLE   228,662 0 0
AMREP CORP NEW COM 032159105 355 74,073 SH   SOLE   74,073 0 0
BUILD A BEAR WORKSHOP COM 120076104 417 292,302 SH   SOLE   292,302 0 0
1895 BANCORP OF WIS INC COM 28252W105 124 15,790 SH   SOLE   15,790 0 0
POPULAR INC COM NEW 733174700 591 16,900 SH   SOLE   16,900 0 0
BRT APARTMENTS CORP COM 055645303 4,898 477,871 SH   SOLE   277,140 0 200,731
CBM BANCORP INC COM 1248XT104 988 85,354 SH   SOLE   85,354 0 0
CAMECO CORP COM 13321L108 91 12,000 SH   SOLE   12,000 0 0
SPROTT PHYSICAL GOLD & SILVE TR UNIT 85208R101 975 66,745 SH   SOLE   16,120 0 50,625
SEACOR HOLDINGS INC COM 811904101 3,616 134,134 SH   SOLE   42,173 0 91,961
CISCO SYS INC COM 17275R102 4,480 113,980 SH   SOLE   34,385 0 79,595
EAGLE BANCORP MONT INC COM 26942G100 1,465 90,426 SH   SOLE   90,426 0 0
EMX RTY CORP COM 26873J107 384 282,418 SH   SOLE   282,418 0 0
ENGLOBAL CORP COM 293306106 763 979,627 SH   SOLE   979,627 0 0
ESSA BANCORP INC COM 29667D104 1,632 119,600 SH   SOLE   119,600 0 0
FFBW INC MD COM 30260M103 420 52,925 SH   SOLE   52,925 0 0
FIRST NORTHWEST BANCORP COM 335834107 917 84,412 SH   SOLE   84,412 0 0
FRP HLDGS INC COM 30292L107 1,336 31,072 SH   SOLE   31,072 0 0
FSB BANCORP INC COM 30289C102 468 33,195 SH   SOLE   33,195 0 0
FIRST SEACOAST BANCORP COM 33631P102 260 43,215 SH   SOLE   43,215 0 0
VANECK VECTORS ETF TR GOLD MINERS ETF 92189F106 761 33,050 SH   SOLE   0 0 33,050
SPDR GOLD TRUST GOLD SHS 78463V107 8,629 58,290 SH   SOLE   31,122 0 27,168
CORNING INC COM 219350105 3,843 187,143 SH   SOLE   53,140 0 134,003
ALPHABET INC CAP STK CL A 02079K305 325 280 SH   SOLE   277 0 3
HOME FED BANCORP INC LA NEW COM 43708L108 958 38,329 SH   SOLE   38,329 0 0
HECLA MNG CO COM 422704106 1,003 551,300 SH   SOLE   504,700 0 46,600
HELMERICH & PAYNE INC COM 423452101 1,416 90,543 SH   SOLE   27,453 0 63,090
HOMETRUST BANCSHARES INC COM 437872104 3,544 222,626 SH   SOLE   162,660 0 59,966
HURCO COMPANIES INC COM 447324104 652 22,428 SH   SOLE   22,428 0 0
IF BANCORP INC COM 44951J105 772 48,250 SH   SOLE   48,250 0 0
JEFFERIES FINL GROUP INC COM 47233W109 185 13,600 SH   SOLE   13,600 0 0
KINROSS GOLD CORP COM 496902404 906 227,785 SH   SOLE   206,920 0 20,865
KIRKLAND LAKE GOLD LTD COM 49741E100 1,164 39,970 SH   SOLE   37,354 0 2,616
DORIAN LPG LTD SHS USD Y2106R110 4,583 526,267 SH   SOLE   367,827 0 158,440
MCEWEN MNG INC COM 58039P107 320 485,520 SH   SOLE   47,980 0 437,540
NABORS INDUSTRIES LTD SHS G6359F103 7 18,000 SH   SOLE   18,000 0 0
NEWMONT CORP COM 651639106 855 18,897 SH   SOLE   18,897 0 0
NEW GOLD INC CDA COM 644535106 36 71,000 SH   SOLE   71,000 0 0
PAN AMERN SILVER CORP COM 697900108 1,268 88,552 SH   SOLE   82,361 0 6,191
PATHFINDER BANCORP INC MD COM 70319R109 767 71,750 SH   SOLE   71,750 0 0
PICO HLDGS INC COM NEW 693366205 180 23,200 SH   SOLE   23,200 0 0
RICHMOND MUT BANCORPORATIN I COM 76525P100 408 40,000 SH   SOLE   40,000 0 0
SANDSTORM GOLD LTD COM NEW 80013R206 787 157,200 SH   SOLE   143,200 0 14,000
SOUND FINL BANCORP INC COM 83607A100 998 47,518 SH   SOLE   47,518 0 0
SILVERCREST METALS INC COM 828363101 1,554 300,245 SH   SOLE   280,865 0 19,380
SEACOR MARINE HLDGS INC COM 78413P101 1,551 354,130 SH   SOLE   123,860 0 230,270
WALMART INC COM 931142103 227 2,000 SH   SOLE   0 0 2,000
WESTPORT FUEL SYSTEMS INC COM NEW 960908309 14 15,000 SH   SOLE   15,000 0 0