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<informationTable
	xmlns="http://www.sec.gov/edgar/document/thirteenf/informationtable">
	<infoTable>
		<nameOfIssuer>AGNICO EAGLE MINES LTD</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>008474108</cusip>
		<value>9337080</value>
		<shrsOrPrnAmt>
			<sshPrnamt>46000</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>22433</Sole>
			<Shared>0</Shared>
			<None>23567</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>ALAMOS GOLD INC</nameOfIssuer>
		<titleOfClass>COM CL A</titleOfClass>
		<cusip>011532108</cusip>
		<value>6216710</value>
		<shrsOrPrnAmt>
			<sshPrnamt>140165</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>127897</Sole>
			<Shared>0</Shared>
			<None>12268</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>AMERISERV FINL INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>03074A102</cusip>
		<value>1276350</value>
		<shrsOrPrnAmt>
			<sshPrnamt>352583</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>352583</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>AMREP CORP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>032159105</cusip>
		<value>1883304</value>
		<shrsOrPrnAmt>
			<sshPrnamt>66950</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>66950</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>ASCENT INDUSTRIES CO</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>871565107</cusip>
		<value>2126379</value>
		<shrsOrPrnAmt>
			<sshPrnamt>159758</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>159758</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>AVIDIA BANCORP INC</nameOfIssuer>
		<titleOfClass>COMMON STOCK</titleOfClass>
		<cusip>05369T100</cusip>
		<value>521294</value>
		<shrsOrPrnAmt>
			<sshPrnamt>26502</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>26502</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>BARRICK MNG CORP</nameOfIssuer>
		<titleOfClass>COM SHS</titleOfClass>
		<cusip>06849F108</cusip>
		<value>3900330</value>
		<shrsOrPrnAmt>
			<sshPrnamt>95735</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>90090</Sole>
			<Shared>0</Shared>
			<None>5645</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>BERKSHIRE HATHAWAY INC DEL</nameOfIssuer>
		<titleOfClass>CL B NEW</titleOfClass>
		<cusip>084670702</cusip>
		<value>5273117</value>
		<shrsOrPrnAmt>
			<sshPrnamt>11004</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>3171</Sole>
			<Shared>0</Shared>
			<None>7833</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>BLUE RIDGE BANKSHARES INC VA</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>095825105</cusip>
		<value>841932</value>
		<shrsOrPrnAmt>
			<sshPrnamt>200460</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>200460</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>BRT APARTMENTS CORP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>055645303</cusip>
		<value>5414853</value>
		<shrsOrPrnAmt>
			<sshPrnamt>405911</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>224604</Sole>
			<Shared>0</Shared>
			<None>181307</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>BUILD-A-BEAR WORKSHOP INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>120076104</cusip>
		<value>5601696</value>
		<shrsOrPrnAmt>
			<sshPrnamt>149578</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>149578</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>BV FINL INC</nameOfIssuer>
		<titleOfClass>COM NEW</titleOfClass>
		<cusip>05603E208</cusip>
		<value>2574962</value>
		<shrsOrPrnAmt>
			<sshPrnamt>134533</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>134533</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>CALIFORNIA RES CORP</nameOfIssuer>
		<titleOfClass>COM STOCK</titleOfClass>
		<cusip>13057Q305</cusip>
		<value>789108</value>
		<shrsOrPrnAmt>
			<sshPrnamt>11400</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>11400</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>CARTER BANKSHARES INC</nameOfIssuer>
		<titleOfClass>COM NEW</titleOfClass>
		<cusip>146103106</cusip>
		<value>1457500</value>
		<shrsOrPrnAmt>
			<sshPrnamt>62500</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>62500</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>CENTRAL PLAINS BANCSHARES IN</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>15486W100</cusip>
		<value>2823270</value>
		<shrsOrPrnAmt>
			<sshPrnamt>165007</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>165007</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>CHEVRON CORPORATION</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>166764100</cusip>
		<value>5538713</value>
		<shrsOrPrnAmt>
			<sshPrnamt>26770</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>6635</Sole>
			<Shared>0</Shared>
			<None>20135</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>CISCO SYS INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>17275R102</cusip>
		<value>4968010</value>
		<shrsOrPrnAmt>
			<sshPrnamt>64029</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>6870</Sole>
			<Shared>0</Shared>
			<None>57159</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>CNB FINL CORP PA</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>126128107</cusip>
		<value>4814687</value>
		<shrsOrPrnAmt>
			<sshPrnamt>166253</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>166253</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>COEUR MNG INC</nameOfIssuer>
		<titleOfClass>COM NEW</titleOfClass>
		<cusip>192108504</cusip>
		<value>5101968</value>
		<shrsOrPrnAmt>
			<sshPrnamt>271815</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>254195</Sole>
			<Shared>0</Shared>
			<None>17620</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>COLONY BANKCORP INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>19623P101</cusip>
		<value>1073388</value>
		<shrsOrPrnAmt>
			<sshPrnamt>53750</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>53750</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>CORNING INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>219350105</cusip>
		<value>5674980</value>
		<shrsOrPrnAmt>
			<sshPrnamt>41737</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>7060</Sole>
			<Shared>0</Shared>
			<None>34677</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>ECB BANCORP INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>26828M106</cusip>
		<value>1020647</value>
		<shrsOrPrnAmt>
			<sshPrnamt>61007</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>61007</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>EVERSPIN TECHNOLOGIES INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>30041T104</cusip>
		<value>606220</value>
		<shrsOrPrnAmt>
			<sshPrnamt>68967</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>68967</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>EXXON MOBIL CORP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>30231G102</cusip>
		<value>293512</value>
		<shrsOrPrnAmt>
			<sshPrnamt>1730</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>0</Shared>
			<None>1730</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>FIRSTSUN CAP BANCORP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>33767U107</cusip>
		<value>771129</value>
		<shrsOrPrnAmt>
			<sshPrnamt>21150</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>21150</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>FRP HLDGS INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>30292L107</cusip>
		<value>2456905</value>
		<shrsOrPrnAmt>
			<sshPrnamt>112290</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>112270</Sole>
			<Shared>0</Shared>
			<None>20</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>HECLA MINING COMPANY</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>422704106</cusip>
		<value>5297347</value>
		<shrsOrPrnAmt>
			<sshPrnamt>284345</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>254940</Sole>
			<Shared>0</Shared>
			<None>29405</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>HOMETRUST BANCSHARES INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>437872104</cusip>
		<value>2247996</value>
		<shrsOrPrnAmt>
			<sshPrnamt>52708</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>52708</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>HURCO CO</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>447324104</cusip>
		<value>6725118</value>
		<shrsOrPrnAmt>
			<sshPrnamt>457180</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>309772</Sole>
			<Shared>0</Shared>
			<None>147408</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>INSTEEL INDS INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>45774W108</cusip>
		<value>4792047</value>
		<shrsOrPrnAmt>
			<sshPrnamt>142578</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>82461</Sole>
			<Shared>0</Shared>
			<None>60117</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>LAKE SHORE BANCORP INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>510704109</cusip>
		<value>2732400</value>
		<shrsOrPrnAmt>
			<sshPrnamt>180000</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>180000</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>MAGYAR BANCORP INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>55977T208</cusip>
		<value>416825</value>
		<shrsOrPrnAmt>
			<sshPrnamt>24080</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>24080</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>MCEWEN INC.</nameOfIssuer>
		<titleOfClass>COM NEW</titleOfClass>
		<cusip>58039P305</cusip>
		<value>203567</value>
		<shrsOrPrnAmt>
			<sshPrnamt>9969</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>1098</Sole>
			<Shared>0</Shared>
			<None>8871</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>MID PENN BANCORP INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>59540G107</cusip>
		<value>1027512</value>
		<shrsOrPrnAmt>
			<sshPrnamt>31950</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>31950</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>NB BANCORP INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>63945M107</cusip>
		<value>1748789</value>
		<shrsOrPrnAmt>
			<sshPrnamt>82999</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>82999</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>NEWMONT CORP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>651639106</cusip>
		<value>5541209</value>
		<shrsOrPrnAmt>
			<sshPrnamt>51189</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>49097</Sole>
			<Shared>0</Shared>
			<None>2092</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>PATHFINDER BANCORP INC MD</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>70319R109</cusip>
		<value>1172835</value>
		<shrsOrPrnAmt>
			<sshPrnamt>91915</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>91915</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>PEAPACK-GLADSTONE FINL CORP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>704699107</cusip>
		<value>4398997</value>
		<shrsOrPrnAmt>
			<sshPrnamt>124936</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>124936</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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		<nameOfIssuer>RICHMOND MUT BANCORPORATION</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>76525P100</cusip>
		<value>542800</value>
		<shrsOrPrnAmt>
			<sshPrnamt>40000</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>40000</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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		<nameOfIssuer>RIO TINTO PLC</nameOfIssuer>
		<titleOfClass>SPONSORED ADR</titleOfClass>
		<cusip>767204100</cusip>
		<value>419805</value>
		<shrsOrPrnAmt>
			<sshPrnamt>4500</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>4500</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>SEACOR MARINE HLDGS INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>78413P101</cusip>
		<value>9890588</value>
		<shrsOrPrnAmt>
			<sshPrnamt>1381367</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>780737</Sole>
			<Shared>0</Shared>
			<None>600630</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>SOUND FINL BANCORP INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>83607A100</cusip>
		<value>1426913</value>
		<shrsOrPrnAmt>
			<sshPrnamt>32645</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>32645</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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		<nameOfIssuer>SPDR GOLD TR</nameOfIssuer>
		<titleOfClass>GOLD SHS</titleOfClass>
		<cusip>78463V107</cusip>
		<value>6160462</value>
		<shrsOrPrnAmt>
			<sshPrnamt>14317</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>200</Sole>
			<Shared>0</Shared>
			<None>14117</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>SPROTT ASSET MANAGEMENT LP</nameOfIssuer>
		<titleOfClass>PHYSICAL GOLD AN</titleOfClass>
		<cusip>85208R101</cusip>
		<value>1157449</value>
		<shrsOrPrnAmt>
			<sshPrnamt>24255</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>6060</Sole>
			<Shared>0</Shared>
			<None>18195</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>SR BANCORP INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>85227J106</cusip>
		<value>234851</value>
		<shrsOrPrnAmt>
			<sshPrnamt>13913</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>13913</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>TAYLOR DEVICES INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>877163105</cusip>
		<value>6474858</value>
		<shrsOrPrnAmt>
			<sshPrnamt>113594</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>113594</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>TEJON RANCH CO</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>879080109</cusip>
		<value>3104191</value>
		<shrsOrPrnAmt>
			<sshPrnamt>164766</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>164766</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>TEXAS COMMUNITY BANCSHARES I</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>88231Q108</cusip>
		<value>954032</value>
		<shrsOrPrnAmt>
			<sshPrnamt>54485</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>54485</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>TIDEWATER INC NEW</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>88642R109</cusip>
		<value>273209</value>
		<shrsOrPrnAmt>
			<sshPrnamt>3270</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>0</Shared>
			<None>3270</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>TIMBERLAND BANCORP INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>887098101</cusip>
		<value>782252</value>
		<shrsOrPrnAmt>
			<sshPrnamt>19839</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>19839</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>U HAUL HOLDING COMPANY</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>023586100</cusip>
		<value>286202</value>
		<shrsOrPrnAmt>
			<sshPrnamt>5990</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>2700</Sole>
			<Shared>0</Shared>
			<None>3290</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>U HAUL HOLDING COMPANY</nameOfIssuer>
		<titleOfClass>COM SER N</titleOfClass>
		<cusip>023586506</cusip>
		<value>6016468</value>
		<shrsOrPrnAmt>
			<sshPrnamt>134687</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>32750</Sole>
			<Shared>0</Shared>
			<None>101937</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>VALERO ENERGY CORP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>91913Y100</cusip>
		<value>222372</value>
		<shrsOrPrnAmt>
			<sshPrnamt>900</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>900</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>VANECK ETF TRUST</nameOfIssuer>
		<titleOfClass>GOLD MINERS ETF</titleOfClass>
		<cusip>92189F106</cusip>
		<value>836392</value>
		<shrsOrPrnAmt>
			<sshPrnamt>9114</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>0</Shared>
			<None>9114</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>WESTERN NEW ENG BANCORP INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>958892101</cusip>
		<value>527130</value>
		<shrsOrPrnAmt>
			<sshPrnamt>40768</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>40768</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>WINCHESTER BANCORP INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>97269D103</cusip>
		<value>635000</value>
		<shrsOrPrnAmt>
			<sshPrnamt>50000</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>50000</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
</informationTable>
