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 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
AGNICO EAGLE MINES LTD COM 008474108   4,929,178 98,623 SH   SOLE   35,403 0 63,220
ALAMOS GOLD INC NEW COM CL A 011532108   2,766,268 231,943 SH   SOLE   195,900 0 36,043
AMERISERV FINL INC COM 03074A102   656,755 258,565 SH   SOLE   258,565 0 0
AMREP CORP COM 032159105   1,272,602 70,950 SH   SOLE   70,950 0 0
BUILD-A-BEAR WORKSHOP INC COM 120076104   5,919,524 276,355 SH   SOLE   276,355 0 0
BRT APARTMENTS CORP COM 055645303   6,662,443 336,487 SH   SOLE   200,404 0 136,083
SPROTT PHYSICAL GOLD & SILVE TR UNIT 85208R101   601,418 33,375 SH   SOLE   6,060 0 27,315
CLIPPER RLTY INC COM 18885T306   547,682 96,593 SH   SOLE   96,593 0 0
CISCO SYS INC COM 17275R102   4,496,568 86,907 SH   SOLE   21,785 0 65,122
CULLMAN BANCORP INC COM 230153108   266,500 25,000 SH   SOLE   25,000 0 0
DIAMOND OFFSHORE DRILLING IN COM 25271C201   3,773,600 265,000 SH   SOLE   265,000 0 0
ECB BANCORP INC COM 26828M106   719,400 55,000 SH   SOLE   55,000 0 0
EMX RTY CORP COM 26873J107   568,548 299,236 SH   SOLE   248,636 0 50,600
ENGLOBAL CORP COM 293306106   179,932 477,400 SH   SOLE   477,400 0 0
EQUINOX GOLD CORP COM 29446Y502   939,208 204,723 SH   SOLE   179,357 0 25,366
ESSA BANCORP INC COM 29667D104   1,288,316 86,175 SH   SOLE   86,175 0 0
FLUSHING FINL CORP COM 343873105   205,243 16,700 SH   SOLE   16,700 0 0
FRP HLDGS INC COM 30292L107   2,687,598 46,684 SH   SOLE   46,674 0 10
VANECK ETF TRUST GOLD MINERS ETF 92189F106   471,372 15,655 SH   SOLE   0 0 15,655
SPDR GOLD TR GOLD SHS 78463V107   3,968,825 22,263 SH   SOLE   200 0 22,063
GREAT LAKES DREDGE & DOCK CO COM 390607109   2,808,672 344,200 SH   SOLE   344,200 0 0
CORNING INC COM 219350105   3,543,035 101,114 SH   SOLE   25,015 0 76,099
ALPHABET INC CAP STK CL A 02079K305   610,470 5,100 SH   SOLE   4,800 0 300
HECLA MNG CO COM 422704106   1,451,244 281,795 SH   SOLE   222,810 0 58,985
HOMETRUST BANCSHARES INC COM 437872104   1,115,693 53,408 SH   SOLE   52,708 0 700
HURCO CO COM 447324104   3,741,272 172,807 SH   SOLE   120,391 0 52,416
INTEL CORP COM 458140100   2,689,245 80,420 SH   SOLE   23,400 0 57,020
IF BANCORP INC COM 44951J105   640,414 44,350 SH   SOLE   44,350 0 0
NEWMONT CORP COM 651639106   1,528,124 35,821 SH   SOLE   35,221 0 600
NEW GOLD INC CDA COM 644535106   914,620 846,870 SH   SOLE   762,020 0 84,850
ORION S.A. COM L72967109   927,314 43,700 SH   SOLE   43,700 0 0
OSISKO GOLD ROYALTIES LTD COM 68827L101   2,406,606 156,395 SH   SOLE   140,300 0 16,095
PATRIOT TRANSN HLDG INC COM 70338W105   1,259,710 148,990 SH   SOLE   148,990 0 0
PATHFINDER BANCORP INC MD COM 70319R109   1,278,549 91,718 SH   SOLE   91,718 0 0
PFIZER INC COM 717081103   5,010,671 136,605 SH   SOLE   27,845 0 108,760
SPROTT PHYSICAL GOLD TR UNIT 85207H104   290,940 19,500 SH   SOLE   19,500 0 0
RICHMOND MUT BANCORPORATION COM 76525P100   441,600 40,000 SH   SOLE   40,000 0 0
SALISBURY BANCORP INC COM 795226109   390,743 16,494 SH   SOLE   16,494 0 0
SANDSTORM GOLD LTD COM NEW 80013R206   1,090,509 212,990 SH   SOLE   178,010 0 34,980
SOUND FINL BANCORP INC COM 83607A100   1,276,048 35,945 SH   SOLE   35,945 0 0
SILVERCREST METALS INC COM 828363101   893,855 152,405 SH   SOLE   120,395 0 32,010
SEACOR MARINE HLDGS INC COM 78413P101   8,079,456 706,864 SH   SOLE   236,635 0 470,229
SERVOTRONICS INC COM 817732100   596,700 45,900 SH   SOLE   45,900 0 0
TAYLOR DEVICES INC COM 877163105   3,210,183 125,594 SH   SOLE   125,594 0 0
TC BANCSHARES INC COM 87224V108   519,376 36,320 SH   SOLE   36,320 0 0
TEXAS COMMUNITY BANCSHARES I COM 88231Q108   303,500 25,000 SH   SOLE   25,000 0 0
TIDEWATER INC NEW COM 88642R109   298,267 5,380 SH   SOLE   0 0 5,380
TRINITY PL HLDGS INC COM 89656D101   332,648 616,014 SH   SOLE   616,014 0 0
TEJON RANCH CO COM 879080109   1,385,801 80,523 SH   SOLE   80,523 0 0
U HAUL HOLDING COMPANY COM 023586100   345,473 6,245 SH   SOLE   2,805 0 3,440
U HAUL HOLDING COMPANY COM SER N 023586506   2,445,486 48,263 SH   SOLE   18,375 0 29,888
WILLIAM PENN BANCORPORATION COM 96927A105   1,522,500 150,000 SH   SOLE   150,000 0 0