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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 (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ALAMOS GOLD INC NEW COM CL A 011532108 304 58,469 SH   SOLE 0 58,469 0 0
EMX RTY CORP COM 26873J107 1,152 1,314,000 SH   SOLE 0 1,314,000 0 0
FORTUNA SILVER MINES INC COM 349915108 21,891 4,197,010 SH   SOLE 0 4,197,010 0 0
MAG SILVER CORP COM 55903Q104 27,229 2,779,858 SH   SOLE 0 2,779,858 0 0
SANDSTORM GOLD LTD COM NEW 80013R206 6,882 1,444,193 SH   SOLE 0 1,444,193 0 0
TAHOE RES INC COM 873868103 9,633 2,051,503 SH   SOLE 0 2,051,503 0 0
ALTA MESA RES INC CL A 02133L109 2,691 336,400 SH   SOLE 0 336,400 0 0
ATENTO S A SHS L0427L105 13,005 1,667,277 SH   SOLE 0 1,667,277 0 0
WILDHORSE RESOURCE DEV CORP COM 96812T102 10,898 570,865 SH   SOLE 0 570,865 0 0