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
AGNICO EAGLE MINES LTD COM 008474108   9,674,361 81,345 SH   SOLE   36,678 0 44,667
ALAMOS GOLD INC NEW COM CL A 011532108   6,215,090 234,105 SH   SOLE   198,062 0 36,043
AMERISERV FINL INC COM 03074A102   1,071,852 352,583 SH   SOLE   352,583 0 0
AMREP CORP COM 032159105   1,401,264 66,950 SH   SOLE   66,950 0 0
BARRICK MNG CORP COM SHS 06849F108   2,515,285 120,811 SH   SOLE   101,400 0 19,411
BUILD-A-BEAR WORKSHOP INC COM 120076104   9,563,555 185,484 SH   SOLE   185,484 0 0
BLUE RIDGE BANKSHARES INC VA COM 095825105   719,651 200,460 SH   SOLE   200,460 0 0
BRT APARTMENTS CORP COM 055645303   5,317,741 340,009 SH   SOLE   201,854 0 138,155
BV FINL INC COM NEW 05603E208   2,284,500 150,000 SH   SOLE   150,000 0 0
CARTER BANKSHARES INC COM NEW 146103106   1,083,750 62,500 SH   SOLE   62,500 0 0
COEUR MNG INC COM NEW 192108504   2,092,466 236,170 SH   SOLE   184,885 0 51,285
SPROTT PHYSICAL GOLD & SILVE TR UNIT 85208R101   934,756 31,055 SH   SOLE   6,060 0 24,995
CNH INDL N V SHS N20944109   1,293,926 99,840 SH   SOLE   99,840 0 0
CENTRAL PLAINS BANCSHARES IN COM 15486W100   2,646,315 175,000 SH   SOLE   175,000 0 0
CISCO SYS INC COM 17275R102   4,593,303 66,205 SH   SOLE   6,905 0 59,300
ECB BANCORP INC COM 26828M106   941,948 61,007 SH   SOLE   61,007 0 0
ESSA BANCORP INC COM 29667D104   1,671,795 86,175 SH   SOLE   86,175 0 0
FIRST FNDTN INC COM 32026V104   226,374 44,387 SH   SOLE   44,387 0 0
FRP HLDGS INC COM 30292L107   2,504,750 93,148 SH   SOLE   93,128 0 20
VANECK ETF TRUST GOLD MINERS ETF 92189F106   574,586 11,037 SH   SOLE   0 0 11,037
SPDR GOLD TR GOLD SHS 78463V107   5,628,076 18,463 SH   SOLE   200 0 18,263
CORNING INC COM 219350105   4,528,262 86,105 SH   SOLE   14,795 0 71,310
HECLA MNG CO COM 422704106   5,801,884 968,595 SH   SOLE   856,410 0 112,185
HOMETRUST BANCSHARES INC COM 437872104   1,997,993 53,408 SH   SOLE   52,708 0 700
HURCO CO COM 447324104   6,611,749 349,828 SH   SOLE   280,182 0 69,646
INSTEEL INDS INC COM 45774W108   5,131,296 137,901 SH   SOLE   80,750 0 57,151
INTEL CORP COM 458140100   2,159,360 96,400 SH   SOLE   11,940 0 84,460
INNOVEX INTERNATIONAL INC COM 457651107   692,357 44,325 SH   SOLE   44,325 0 0
IF BANCORP INC COM 44951J105   1,079,767 44,350 SH   SOLE   44,350 0 0
KOSMOS ENERGY LTD COM 500688106   17,544 10,200 SH   SOLE   10,200 0 0
MID PENN BANCORP INC COM 59540G107   900,990 31,950 SH   SOLE   31,950 0 0
EVERSPIN TECHNOLOGIES INC COM 30041T104   471,750 75,000 SH   SOLE   75,000 0 0
MCEWEN INC. COM NEW 58039P305   107,180 11,153 SH   SOLE   1,098 0 10,055
NB BANCORP INC COM 63945M107   1,482,362 82,999 SH   SOLE   82,999 0 0
NOBLE CORP PLC ORD SHS A G65431127   1,629,480 61,374 SH   SOLE   61,374 0 0
NEWMONT CORP COM 651639106   3,927,015 67,405 SH   SOLE   55,277 0 12,128
NEW GOLD INC CDA COM 644535106   5,145,302 1,039,455 SH   SOLE   1,006,005 0 33,450
PATHFINDER BANCORP INC MD COM 70319R109   1,409,976 91,915 SH   SOLE   91,915 0 0
PFIZER INC COM 717081103   2,275,651 93,880 SH   SOLE   1,760 0 92,120
RIO TINTO PLC SPONSORED ADR 767204100   262,485 4,500 SH   SOLE   4,500 0 0
RICHMOND MUT BANCORPORATION COM 76525P100   552,000 40,000 SH   SOLE   40,000 0 0
SENECA FOODS CORP NEW CL A 817070501   4,489,495 44,262 SH   SOLE   44,262 0 0
SOUND FINL BANCORP INC COM 83607A100   1,501,670 32,645 SH   SOLE   32,645 0 0
SEACOR MARINE HLDGS INC COM 78413P101   2,810,279 551,035 SH   SOLE   196,220 0 354,815
TAYLOR DEVICES INC COM 877163105   5,450,780 125,594 SH   SOLE   125,594 0 0
TEXAS COMMUNITY BANCSHARES I COM 88231Q108   874,484 54,485 SH   SOLE   54,485 0 0
TEJON RANCH CO COM 879080109   2,233,310 131,681 SH   SOLE   131,681 0 0
TIMBERLAND BANCORP INC COM 887098101   220,740 7,075 SH   SOLE   7,075 0 0
U HAUL HOLDING COMPANY COM 023586100   363,057 5,995 SH   SOLE   2,705 0 3,290
U HAUL HOLDING COMPANY COM SER N 023586506   2,478,130 45,579 SH   SOLE   17,401 0 28,178
VALERO ENERGY CORP COM 91913Y100   498,967 3,712 SH   SOLE   3,712 0 0
WINCHESTER BANCORP INC COM 97269D103   447,500 50,000 SH   SOLE   50,000 0 0