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 (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
AGNICO EAGLE MINES LTD COM 008474108 700 10,940 SH   SOLE   10,240 0 700
ALAMOS GOLD INC NEW COM CL A 011532108 1,526 164,225 SH   SOLE   137,580 0 26,645
AMERISERV FINL INC COM 03074A102 870 282,382 SH   SOLE   282,382 0 0
AMREP CORP NEW COM 032159105 334 74,073 SH   SOLE   74,073 0 0
BUILD A BEAR WORKSHOP COM 120076104 637 292,302 SH   SOLE   292,302 0 0
1895 BANCORP OF WIS INC COM 28252W105 143 15,790 SH   SOLE   15,790 0 0
BRT APARTMENTS CORP COM 055645303 6,011 555,625 SH   SOLE   284,380 0 271,245
CBM BANCORP INC COM 1248XT104 1,049 85,354 SH   SOLE   85,354 0 0
CAMECO CORP COM 13321L108 123 12,000 SH   SOLE   12,000 0 0
SPROTT PHYSICAL GOLD & SILVE TR UNIT 85208R101 1,127 66,745 SH   SOLE   16,120 0 50,625
SEACOR HOLDINGS INC COM 811904101 4,040 142,669 SH   SOLE   42,473 0 100,196
CISCO SYS INC COM 17275R102 5,030 107,857 SH   SOLE   34,185 0 73,672
EAGLE BANCORP MONT INC COM 26942G100 1,571 90,426 SH   SOLE   90,426 0 0
EMX RTY CORP COM 26873J107 725 336,018 SH   SOLE   285,418 0 50,600
ENGLOBAL CORP COM 293306106 1,060 1,029,400 SH   SOLE   1,029,400 0 0
ESSA BANCORP INC COM 29667D104 1,664 119,600 SH   SOLE   119,600 0 0
FFBW INC MD COM 30260M103 455 52,925 SH   SOLE   52,925 0 0
FIRST NORTHWEST BANCORP COM 335834107 1,048 84,412 SH   SOLE   84,412 0 0
FRP HLDGS INC COM 30292L107 1,260 31,072 SH   SOLE   31,072 0 0
FIRST SEACOAST BANCORP COM 33631P102 456 74,216 SH   SOLE   74,216 0 0
VANECK VECTORS ETF TR GOLD MINERS ETF 92189F106 1,239 33,790 SH   SOLE   0 0 33,790
SPDR GOLD TR GOLD SHS 78463V107 9,963 59,530 SH   SOLE   30,692 0 28,838
CORNING INC COM 219350105 4,754 183,581 SH   SOLE   49,390 0 134,191
ALPHABET INC CAP STK CL C 02079K107 223 158 SH   SOLE   5 0 153
ALPHABET INC CAP STK CL A 02079K305 397 280 SH   SOLE   277 0 3
HOME FED BANCORP INC LA NEW COM 43708L108 958 38,329 SH   SOLE   38,329 0 0
HECLA MNG CO COM 422704106 1,861 569,200 SH   SOLE   504,700 0 64,500
HOMETRUST BANCSHARES INC COM 437872104 3,551 221,996 SH   SOLE   162,270 0 59,726
HURCO COMPANIES INC COM 447324104 584 20,897 SH   SOLE   20,897 0 0
IF BANCORP INC COM 44951J105 832 48,250 SH   SOLE   48,250 0 0
KINROSS GOLD CORP COM 496902404 1,690 234,185 SH   SOLE   206,920 0 27,265
KIRKLAND LAKE GOLD LTD COM 49741E100 1,677 40,870 SH   SOLE   37,354 0 3,516
DORIAN LPG LTD SHS USD Y2106R110 4,360 563,328 SH   SOLE   365,248 0 198,080
MCEWEN MNG INC COM 58039P107 488 483,480 SH   SOLE   47,980 0 435,500
NEWMONT CORP COM 651639106 1,231 19,947 SH   SOLE   19,347 0 600
NEW GOLD INC CDA COM 644535106 138 102,600 SH   SOLE   102,600 0 0
PAN AMERN SILVER CORP COM 697900108 2,731 89,872 SH   SOLE   82,361 0 7,511
PATHFINDER BANCORP INC MD COM 70319R109 915 96,005 SH   SOLE   96,005 0 0
RICHMOND MUT BANCORPORATION COM 76525P100 449 40,000 SH   SOLE   40,000 0 0
SANDSTORM GOLD LTD COM NEW 80013R206 1,597 166,100 SH   SOLE   146,500 0 19,600
SOUND FINL BANCORP INC COM 83607A100 1,147 47,518 SH   SOLE   47,518 0 0
SILVERCREST METALS INC COM 828363101 2,780 304,145 SH   SOLE   280,865 0 23,280
SEACOR MARINE HLDGS INC COM 78413P101 1,287 505,098 SH   SOLE   263,030 0 242,068
WALMART INC COM 931142103 239 2,000 SH   SOLE   0 0 2,000
WESTPORT FUEL SYSTEMS INC COM NEW 960908309 18 15,000 SH   SOLE   15,000 0 0