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   6,414,040 98,074 SH   SOLE   37,318 0 60,756
ALAMOS GOLD INC NEW COM CL A 011532108   3,714,866 236,845 SH   SOLE   200,802 0 36,043
AMERISERV FINL INC COM 03074A102   620,558 274,583 SH   SOLE   274,583 0 0
AMREP CORP COM 032159105   1,341,665 70,950 SH   SOLE   70,950 0 0
BUILD-A-BEAR WORKSHOP INC COM 120076104   6,983,491 276,355 SH   SOLE   276,355 0 0
BRT APARTMENTS CORP COM 055645303   6,073,952 347,679 SH   SOLE   201,904 0 145,775
BV FINL INC COM NEW 05603E208   1,786,500 150,000 SH   SOLE   150,000 0 0
SPROTT PHYSICAL GOLD & SILVE TR UNIT 85208R101   684,763 31,055 SH   SOLE   6,060 0 24,995
CNH INDL N V SHS N20944109   715,178 70,600 SH   SOLE   70,600 0 0
CENTRAL PLAINS BANCSHARES IN COM 15486W100   1,769,250 175,000 SH   SOLE   175,000 0 0
CISCO SYS INC COM 17275R102   4,106,289 86,430 SH   SOLE   21,685 0 64,745
CULLMAN BANCORP INC COM 230153108   257,250 25,000 SH   SOLE   25,000 0 0
DIAMOND OFFSHORE DRILLING IN COM 25271C201   4,104,850 265,000 SH   SOLE   265,000 0 0
DRIL-QUIP INC COM 262037104   701,220 37,700 SH   SOLE   37,700 0 0
ECB BANCORP INC COM 26828M106   686,400 55,000 SH   SOLE   55,000 0 0
ENGLOBAL CORP COM NEW 293306205   77,578 59,675 SH   SOLE   59,675 0 0
ESSA BANCORP INC COM 29667D104   1,515,818 86,175 SH   SOLE   86,175 0 0
FIRST HORIZON CORPORATION COM 320517105   630,800 40,000 SH   SOLE   40,000 0 0
FRP HLDGS INC COM 30292L107   2,662,855 93,368 SH   SOLE   93,348 0 20
VANECK ETF TRUST GOLD MINERS ETF 92189F106   524,049 15,445 SH   SOLE   0 0 15,445
SPDR GOLD TR GOLD SHS 78463V107   4,841,595 22,518 SH   SOLE   200 0 22,318
GREAT LAKES DREDGE & DOCK CO COM 390607109   1,357,783 154,645 SH   SOLE   154,645 0 0
CORNING INC COM 219350105   3,934,378 101,271 SH   SOLE   25,015 0 76,256
BARRICK GOLD CORP COM 067901108   313,584 18,800 SH   SOLE   18,800 0 0
ALPHABET INC CAP STK CL A 02079K305   928,965 5,100 SH   SOLE   4,800 0 300
HECLA MNG CO COM 422704106   1,337,606 275,795 SH   SOLE   216,810 0 58,985
HOMETRUST BANCSHARES INC COM 437872104   1,603,842 53,408 SH   SOLE   52,708 0 700
HURCO CO COM 447324104   5,158,872 338,065 SH   SOLE   264,524 0 73,541
INTEL CORP COM 458140100   2,474,813 79,910 SH   SOLE   23,400 0 56,510
IF BANCORP INC COM 44951J105   717,583 44,350 SH   SOLE   44,350 0 0
EVERSPIN TECHNOLOGIES INC COM 30041T104   491,180 82,000 SH   SOLE   82,000 0 0
MCEWEN MNG INC COM NEW 58039P305   209,139 22,782 SH   SOLE   1,098 0 21,684
NB BANCORP INC COM 63945M107   1,251,625 82,999 SH   SOLE   82,999 0 0
NEWMONT CORP COM 651639106   2,490,637 59,485 SH   SOLE   56,457 0 3,028
NEW GOLD INC CDA COM 644535106   3,301,097 1,692,870 SH   SOLE   1,528,020 0 164,850
NVE CORP COM NEW 629445206   575,262 7,702 SH   SOLE   7,702 0 0
ORION S.A. COM L72967109   1,452,428 66,200 SH   SOLE   66,200 0 0
OSISKO GOLD ROYALTIES LTD COM 68827L101   2,437,025 156,395 SH   SOLE   140,300 0 16,095
PATHFINDER BANCORP INC MD COM 70319R109   1,212,359 91,915 SH   SOLE   91,915 0 0
PFIZER INC COM 717081103   3,846,131 137,460 SH   SOLE   31,845 0 105,615
RICHMOND MUT BANCORPORATION COM 76525P100   469,600 40,000 SH   SOLE   40,000 0 0
SENECA FOODS CORP NEW CL A 817070501   2,014,166 35,090 SH   SOLE   35,025 0 65
SOUND FINL BANCORP INC COM 83607A100   1,545,635 35,945 SH   SOLE   35,945 0 0
SILVERCREST METALS INC COM 828363101   1,245,347 152,405 SH   SOLE   120,395 0 32,010
SEACOR MARINE HLDGS INC COM 78413P101   7,840,671 581,221 SH   SOLE   210,730 0 370,491
SERVOTRONICS INC COM 817732100   1,436,651 120,727 SH   SOLE   120,727 0 0
TAYLOR DEVICES INC COM 877163105   5,649,218 125,594 SH   SOLE   125,594 0 0
TC BANCSHARES INC COM 87224V108   580,500 43,000 SH   SOLE   43,000 0 0
TEXAS COMMUNITY BANCSHARES I COM 88231Q108   776,411 54,485 SH   SOLE   54,485 0 0
TIDEWATER INC NEW COM 88642R109   311,337 3,270 SH   SOLE   0 0 3,270
TRINITY PL HLDGS INC COM 89656D101   70,200 600,000 SH   SOLE   600,000 0 0
TEJON RANCH CO COM 879080109   2,246,478 131,681 SH   SOLE   131,681 0 0
U HAUL HOLDING COMPANY COM 023586100   383,652 6,215 SH   SOLE   2,805 0 3,410
U HAUL HOLDING COMPANY COM SER N 023586506   2,962,167 49,353 SH   SOLE   18,375 0 30,978
WILLIAM PENN BANCORPORATION COM 96927A105   855,000 75,000 SH   SOLE   75,000 0 0
EXXON MOBIL CORP COM 30231G102   207,216 1,800 SH   SOLE   0 0 1,800