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 870 10,940 SH   SOLE   10,240 0 700
ALAMOS GOLD INC NEW COM CL A 011532108 1,429 162,725 SH   SOLE   136,080 0 26,645
ALPHABET INC CAP STK CL A 02079K305 410 280 SH   SOLE   277 0 3
AMERISERV FINL INC COM 03074A102 793 282,382 SH   SOLE   282,382 0 0
AMREP CORP NEW COM 032159105 414 74,073 SH   SOLE   74,073 0 0
BRT APARTMENTS CORP COM 055645303 6,459 548,370 SH   SOLE   284,380 0 263,990
BUILD A BEAR WORKSHOP COM 120076104 730 292,302 SH   SOLE   292,302 0 0
CAMECO CORP COM 13321L108 121 12,000 SH   SOLE   12,000 0 0
CBM BANCORP INC COM 1248XT104 1,046 85,354 SH   SOLE   85,354 0 0
CISCO SYS INC COM 17275R102 4,719 119,818 SH   SOLE   38,405 0 81,413
CORNING INC COM 219350105 5,802 179,048 SH   SOLE   49,390 0 129,658
DORIAN LPG LTD SHS USD Y2106R110 4,446 555,129 SH   SOLE   362,248 0 192,881
EAGLE BANCORP MONT INC COM 26942G100 1,593 90,426 SH   SOLE   90,426 0 0
EMX RTY CORP COM 26873J107 883 336,018 SH   SOLE   285,418 0 50,600
ENGLOBAL CORP COM 293306106 910 1,059,400 SH   SOLE   1,059,400 0 0
ESSA BANCORP INC COM 29667D104 1,474 119,600 SH   SOLE   119,600 0 0
FFBW INC MD COM 30260M103 495 52,925 SH   SOLE   52,925 0 0
FIRST NORTHWEST BANCORP COM 335834107 835 84,412 SH   SOLE   84,412 0 0
FIRST SEACOAST BANCORP COM 33631P102 454 58,770 SH   SOLE   58,770 0 0
FRP HLDGS INC COM 30292L107 1,294 31,072 SH   SOLE   31,072 0 0
HECLA MNG CO COM 422704106 2,891 569,200 SH   SOLE   504,700 0 64,500
HOME FED BANCORP INC LA NEW COM 43708L108 883 38,329 SH   SOLE   38,329 0 0
HOMETRUST BANCSHARES INC COM 437872104 1,424 104,861 SH   SOLE   104,861 0 0
HURCO COMPANIES INC COM 447324104 609 21,478 SH   SOLE   21,478 0 0
IF BANCORP INC COM 44951J105 746 48,250 SH   SOLE   48,250 0 0
KINROSS GOLD CORP COM 496902404 2,065 234,185 SH   SOLE   206,920 0 27,265
KIRKLAND LAKE GOLD LTD COM 49741E100 1,940 39,870 SH   SOLE   36,354 0 3,516
MCEWEN MNG INC COM 58039P107 496 468,120 SH   SOLE   47,980 0 420,140
NEW GOLD INC CDA COM 644535106 171 101,100 SH   SOLE   101,100 0 0
NEWMONT CORP COM 651639106 1,265 19,947 SH   SOLE   19,347 0 600
PAN AMERN SILVER CORP COM 697900108 2,870 89,272 SH   SOLE   81,761 0 7,511
PATHFINDER BANCORP INC MD COM 70319R109 1,052 99,331 SH   SOLE   99,331 0 0
RICHMOND MUT BANCORPORATION COM 76525P100 423 40,000 SH   SOLE   40,000 0 0
SANDSTORM GOLD LTD COM NEW 80013R206 1,387 164,400 SH   SOLE   144,800 0 19,600
SEABOARD CORP COM 811543107 385 136 SH   SOLE   136 0 0
SEACOR MARINE HLDGS INC COM 78413P101 1,019 502,345 SH   SOLE   268,221 0 234,124
SEACOR HOLDINGS INC COM 811904101 4,082 140,379 SH   SOLE   42,473 0 97,906
SILVERCREST METALS INC COM 828363101 2,555 302,345 SH   SOLE   279,065 0 23,280
SOUND FINL BANCORP INC COM 83607A100 1,407 47,518 SH   SOLE   47,518 0 0
SPDR GOLD TR GOLD SHS 78463V107 10,557 59,605 SH   SOLE   30,692 0 28,913
SPROTT PHYSICAL GOLD & SILVE TR UNIT 85208R101 1,072 58,495 SH   SOLE   16,120 0 42,375
VANECK VECTORS ETF TR GOLD MINERS ETF 92189F106 1,314 33,560 SH   SOLE   0 0 33,560
WALMART INC COM 931142103 279 2,000 SH   SOLE   0 0 2,000
WESTPORT FUEL SYSTEMS INC COM NEW 960908309 24 15,000 SH   SOLE   15,000 0 0