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

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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
ABBVIE INC COM 00287Y109   6,583,176 41,308 SH   SOLE   41,308 0 0
AMAZON COM INC COM 023135106   2,984,874 28,898 SH   SOLE   28,898 0 0
BLACK STONE MINERALS L P COM UNIT 09225M101   4,950,365 315,511 SH   SOLE   315,511 0 0
BUNGE LIMITED COM G16962105   3,333,744 34,901 SH   SOLE   34,901 0 0
CHUBB LIMITED COM H1467J104   3,342,754 17,165 SH   SOLE   17,165 0 0
DORCHESTER MINERALS LP COM UNIT 25820R105   2,451,416 80,932 SH   SOLE   80,932 0 0
DUPONT DE NEMOURS INC COM 26614N102   2,377,720 33,130 SH   SOLE   33,130 0 0
ENERGY TRANSFER L P COM UT LTD PTN 29273V100   3,356,039 269,129 SH   SOLE   269,129 0 0
EXXON MOBIL CORP COM 30231G102   6,436,932 58,699 SH   SOLE   58,699 0 0
FIRST INDL RLTY TR INC COM 32054K103   4,634,452 86,678 SH   SOLE   86,678 0 0
FRANCO NEV CORP COM 351858105   4,659,258 31,957 SH   SOLE   31,957 0 0
HERSHEY CO COM 427866108   2,328,951 9,154 SH   SOLE   9,154 0 0
HOWARD HUGHES CORP COM 44267D107   428,000 5,350 SH   SOLE   5,350 0 0
HUBBELL INC COM 443510607   3,349,889 13,768 SH   SOLE   13,768 0 0
J P MORGAN EXCHANGE TRADED F ULTRA SHRT INC 46641Q837   8,162,598 162,214 SH   SOLE   162,214 0 0
JOHNSON & JOHNSON COM 478160104   4,031,429 26,009 SH   SOLE   26,009 0 0
JPMORGAN CHASE & CO COM 46625H100   6,093,687 46,763 SH   SOLE   46,763 0 0
LOUISIANA PAC CORP COM 546347105   3,024,457 55,792 SH   SOLE   55,792 0 0
LOWES COS INC COM 548661107   4,099,524 20,501 SH   SOLE   20,501 0 0
LUMEN TECHNOLOGIES INC COM 550241103   1,074,273 405,386 SH   SOLE   405,386 0 0
MARTIN MARIETTA MATLS INC COM 573284106   2,528,205 7,121 SH   SOLE   7,121 0 0
MEDICAL PPTYS TRUST INC COM 58463J304   2,515,192 296,580 SH   SOLE   296,580 0 0
MICROSOFT CORP COM 594918104   5,629,671 19,527 SH   SOLE   19,527 0 0
MODERNA INC COM 60770K107   3,308,574 21,543 SH   SOLE   21,543 0 0
NORTHROP GRUMMAN CORP COM 666807102   2,194,324 4,753 SH   SOLE   4,753 0 0
PIMCO ETF TR ENHAN SHRT MA AC 72201R833   3,048,280 30,713 SH   SOLE   30,713 0 0
PIONEER NAT RES CO COM 723787107   5,835,852 28,574 SH   SOLE   28,574 0 0
SPDR SER TR S&P OILGAS EXP 78468R556   441,717 3,462 SH   SOLE   3,462 0 0
SPROTT PHYSICAL GOLD TR UNIT 85207H104   11,938,954 772,248 SH   SOLE   772,248 0 0
TEXAS INSTRS INC COM 882508104   2,856,463 15,357 SH   SOLE   15,357 0 0
TEXAS PACIFIC LAND CORPORATI COM 88262P102   11,222,479 6,598 SH   SOLE   6,598 0 0
TJX COS INC NEW COM 872540109   4,296,479 54,830 SH   SOLE   54,830 0 0
WARNER BROS DISCOVERY INC COM SER A 934423104   3,683,524 243,942 SH   SOLE   243,942 0 0