0001145549-23-023019.txt : 20230419 0001145549-23-023019.hdr.sgml : 20230419 20230419085715 ACCESSION NUMBER: 0001145549-23-023019 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20230228 FILED AS OF DATE: 20230419 DATE AS OF CHANGE: 20230419 PERIOD START: 20231130 FILER: COMPANY DATA: COMPANY CONFORMED NAME: OCM MUTUAL FUND CENTRAL INDEX KEY: 0000745338 IRS NUMBER: 226444024 FISCAL YEAR END: 1130 FILING VALUES: FORM TYPE: NPORT-P SEC ACT: 1940 Act SEC FILE NUMBER: 811-04010 FILM NUMBER: 23828566 BUSINESS ADDRESS: STREET 1: 2600 KITTY HAWK ROAD STREET 2: SUITE 119 CITY: LIVERMORE STATE: CA ZIP: 94551 BUSINESS PHONE: 414-299-2000 MAIL ADDRESS: STREET 1: C/O UMB FUND SERVICES, INC. STREET 2: 235 W. GALENA ST. CITY: MILWAUKEE STATE: WI ZIP: 53212-3948 FORMER COMPANY: FORMER CONFORMED NAME: PIA MUTUAL FUND DATE OF NAME CHANGE: 20030402 FORMER COMPANY: FORMER CONFORMED NAME: MONTEREY MUTUAL FUND DATE OF NAME CHANGE: 19970325 FORMER COMPANY: FORMER CONFORMED NAME: MONITREND MUTUAL FUND DATE OF NAME CHANGE: 19920703 0000745338 S000005294 OCM MUTUAL FUND C000014470 OCM Gold Fund - Investor Class OCMGX C000101831 OCM Gold Fund - Atlas Class OCMAX NPORT-P 1 primary_doc.xml NPORT-P false 0000745338 XXXXXXXX S000005294 C000101831 C000014470 OCM MUTUAL FUND 811-04010 0000745338 549300AKSS68PWZOHM90 2600 Kitty Hawk Rd Suite 119 Livermore 94551 8007794681 OCM MUTUAL FUND S000005294 5493007254B8R9O2U456 2023-11-30 2023-02-28 N 50069784.060000000000 134064.550000000000 49935719.510000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 N Agnico Eagle Mines Ltd YGE0EUBRF7IJOB3QRX76 Agnico Eagle Mines Ltd. 008474108 80000 NS USD 3682400 7.3742804472 Long EC CORP CA N 1 N N N Alamos Gold Inc 549300TDOX73YGYXE959 Alamos Gold, Inc. 011532108 300000 NS USD 3054000 6.1158626129 Long EC CORP CA N 1 N N N APOLLO GOLD Corp. WARRANT / N/A APOLLO GOLD Corp. WARRANT / 999999999 400000 NC 0 0.0000000000 Long DE CORP CA N 2 N/A N/A Call Purchased APOLLO GOLD Corp. WARRANT / APOLLO GOLD Corp. WARRANT / 1 1.250000000000 CAD 2023-06-24 XXXX 0 N N N Andean Precious Metals Corp N/A Andean Precious Metals Corp. 03349X101 625000 NS 384756.32 0.7705032065 Long EC CORP CA N 1 N N N AngloGold Ashanti Ltd 378900EF3BA9A5F42A59 AngloGold Ashanti Ltd. ADR 035128206 155000 NS USD 2582300 5.1712482074 Long CORP ZA N 1 N N N Aya Gold & Silver Inc 549300BWX8KJOTUL4M51 Aya Gold & Silver, Inc. 05466C109 570000 NS 3341883.47 6.6923707174 Long EC CORP CA N 1 N N N AYA GOLD & SILVER WARRANTS / N/A AYA GOLD & SILVER WARRANTS / 05466C117 350000 NC 1205569.81 2.4142433950 Long DE CORP CA N 2 N/A N/A Call Purchased AYA GOLD & SILVER WARRANTS / AYA GOLD & SILVER WARRANTS / 1 3.300000000000 CAD 2023-09-02 XXXX 1205569.81 N N N Benchmark Metals Inc 529900EDQ993Q6M6BH62 Benchmark Metals, Inc. 08162A104 180500 NS 48283.25 0.0966908066 Long EC CORP CA N 1 N N N B2Gold Corp 549300F7OK456M5NLM05 B2Gold Corp. 11777Q209 100000 NS USD 339000 0.6788727655 Long EC CORP CA N 1 N N N B2Gold Corp 549300F7OK456M5NLM05 B2Gold Corp. 11777Q209 300000 NS 1024551.12 2.0517399770 Long EC CORP CA N 1 N N N Calibre Mining Corp 9845005U3E61362A1O58 Calibre Mining Corp. 13000C205 400489 NS 334596.89 0.6700552095 Long EC CORP CA N 1 N N N Dundee Precious Metals Inc 549300LATVTU0EIUMD45 Dundee Precious Metals, Inc. 265269209 250000 NS 1604983.51 3.2140990973 Long EC CORP CA N 1 N N N Endeavour Mining PLC 529900NI5MXQ91GHXR07 Endeavour Mining PLC G3042J105 140000 NS 2913887.87 5.8352776301 Long EC CORP GB N 1 N N N Emerald Resources NL N/A Emerald Resources NL Q3464L108 1250000 NS 1110288.68 2.2234358309 Long EC CORP AU N 1 N N N EURO SUN MINING, Inc. WARRANTS / N/A EURO SUN MINING, Inc. WARRANTS / 29872L123 641000 NC 0 0.0000000000 Long DE CORP CA N 2 N/A N/A Call Purchased EURO SUN MINING, Inc. WARRANTS / EURO SUN MINING, Inc. WARRANTS / 1 0.550000000000 CAD 2023-06-04 XXXX 0 N N N Fortuna Silver Mines Inc 5493003Q88RVK7CW4735 Fortuna Silver Mines, Inc. 349915108 225000 NS 730487.36 1.4628553812 Long EC CORP CA N 1 N N N G Mining Ventures Corp 894500N5AZEQU0BLOT06 G Mining Ventures Corp. 36261G102 250000 NS 164895.57 0.3302156685 Long EC CORP CA N 1 N N N Barrick Gold Corp 0O4KBQCJZX82UKGCBV73 Barrick Gold Corp. 067901108 200000 NS USD 3224000 6.4563002829 Long EC CORP CA N 1 N N N i-80 Gold Corp 549300LFFIWIGUEXPK11 i-80 Gold Corp. 44955L106 150000 NS 341883.47 0.6846471291 Long EC CORP CA N 1 N N N Jaguar Mining Inc 549300IRKN0GXIRGS617 Jaguar Mining, Inc. 47009M889 1449950 NS 2752195.31 5.5114762279 Long EC CORP CA N 1 N N N K92 Mining Inc 254900EA8H0X9FEVZU11 K92 Mining, Inc. 499113108 175000 NS 954195.68 1.9108479649 Long EC CORP CA N 1 N N N Liberty Gold Corp 549300DY25855R7ZV117 Liberty Gold Corp. 53056H104 1000000 NS 388420.67 0.7778413405 Long EC CORP CA N 1 N N N Lundin Gold Inc 549300ZOV16K515FC525 Lundin Gold, Inc. 550371108 130000 NS 1343349.21 2.6901569121 Long EC CORP CA N 1 N N N Minera Alamos Inc 254900I6L38EFNS8Z440 Minera Alamos, Inc. 60283L105 1000000 NS 278490.29 0.5576975615 Long EC CORP CA N 1 N N N Montage Gold Corp N/A Montage Gold Corp. 61178L101 616500 NS 293679 0.5881140852 Long EC CORP CA N 1 N N N UMB MONEY MARKET FIDUCIARY / N/A UMB MONEY MARKET FIDUCIARY / SF8888528 7384.12 PA USD 7384.12 0.0147872506 Long STIV CORP US N 1 N N N Mineros SA 549300991PEKFIGLDE07 Mineros S.A. P68068108 450000 NS 181385.12 0.3632372213 Long EC CORP CO N 1 N N N Newmont Corp 549300VSP3RIX7FGDZ51 Newmont Corp. 651639106 65000 NS USD 2834650 5.6765978899 Long EC CORP US N 1 N N N OceanaGold Corp 549300CBMSE8I9N3E232 OceanaGold Corp. 675222103 700000 NS 1426163.43 2.8559985597 Long EC CORP AU N 1 N N N OMAI GOLD MINES Corp. COM / N/A OMAI GOLD MINES Corp. COM / 999999999 5000000 NS 230853.79 0.4623019199 Long EC CORP CA N 2 N N N Orezone Gold Corp 529900ZRY6WGGRC9Z698 Orezone Gold Corp. 68616T109 500000 NS 465371.93 0.9319419737 Long EC CORP CA N 1 N N N Pan American Silver Corp 549300MKTF5851TYIB83 Pan American Silver Corp. 697900108 75000 NS USD 1114500 2.2318693131 Long EC CORP CA N 1 N N N Perseus Mining Ltd 54930054ZDGKBCW3SM26 Perseus Mining Ltd. Q74174105 800000 NS 1057802.30 2.1183279432 Long EC CORP AU N 1 N N N Paramount Gold Nevada Corp 5493000CWEBEVDLIW256 Paramount Gold Nevada Corp. 69924M109 257945 NS USD 77383.50 0.1549662261 Long EC CORP US N 1 N N N Rio2 Ltd 2549009N9W290I0XSE73 Rio2 Ltd. 767217102 975000 NS 121473.07 0.2432588760 Long EC CORP CA N 1 N N N RTG Mining Inc N/A RTG Mining, Inc. G7707W178 4578755 NS 140187.98 0.2807368781 Long CORP AU N 1 N N N Royal Road Minerals Ltd 54930033JDODZL6J2G22 Royal Road Minerals Ltd. G76828105 3000000 NS 269329.42 0.5393522365 Long EC CORP JE N 1 N N N Superior Gold Inc 52990002R7D8X4WC1Z35 Superior Gold, Inc. 86816U106 4100000 NS 826310 1.6547473594 Long EC CORP CA N 1 N N N Sutter Gold Mining Inc N/A Sutter Gold Mining, Inc. 86944A105 2512040 NS 0 0.0000000000 Long EC CORP US N 3 N N N SSR Mining Inc 549300JD2KR7AB9DYJ38 SSR Mining, Inc. 784730103 150000 NS USD 2047500 4.1002713490 Long EC CORP US N 1 N N N Tajiri Resources Corp N/A Tajiri Resources Corp. 87405Y202 1210500 NS 31049.84 0.0621796187 Long EC CORP CA N 1 N N N Thor Explorations Ltd 213800AXZ8468CQYVT76 Thor Explorations Ltd. 885149104 1595000 NS 327299.38 0.6554414019 Long EC CORP CA N 1 N N N Wesdome Gold Mines Ltd 254900D63U62QS84H719 Wesdome Gold Mines Ltd. 95083R100 450000 NS 2146940.27 4.2994079009 Long EC CORP CA N 1 N N N Westhaven Gold Corp 2549006LQ1TAHZLTOF64 Westhaven Gold Corp. 960350106 450000 NS 113777.94 0.2278488047 Long EC CORP CA N 1 N N N WESTHAVEN GOLD CORP 2549006LQ1TAHZLTOF64 Westhaven Gold Corp. 960350965 225000 NC 0 0.0000000000 Long DE CORP CA N 1 Venture N/A Call Purchased WESTHAVEN GOLD CORP WESTHAVEN GOLD CORP 1 1.000000000000 CAD 2023-03-02 XXXX 0 N N N Wheaton Precious Metals Corp 549300XSFG5ZCGVYD886 Wheaton Precious Metals Corp. 962879102 97500 NS 4062202.27 8.1348627993 Long EC CORP CA N 1 N N N West Vault Mining Inc 213800R4KPTKIMDKBU38 West Vault Mining, Inc. 95640X103 530000 NS 368999.63 0.7389492604 Long EC CORP CA N 1 N N N 2023-03-06 OCM MUTUAL FUND /s/ Gregory M. Orrell Gregory M. Orrell President XXXX NPORT-EX 2 fp0082792-1_nportex.htm OCM 02.28.23 SOI PART F

OCM GOLD FUND

Schedule of Investments - February 28, 2023

(Unaudited)

 

Shares    Value 
    Common Stocks  97.7%    
    Major Gold Producers  33.3%    
 80,000  Agnico Eagle Mines Ltd.     $3,682,400 
 155,000  AngloGold Ashanti Ltd. ADR      2,582,300 
 100,000  B2Gold Corp.      339,000 
 300,000  B2Gold Corp.^      1,024,551 
 200,000  Barrick Gold Corp.      3,224,000 
 140,000  Endeavour Mining PLC      2,913,888 
 65,000  Newmont Corp.      2,834,650 
          16,600,789 
    Intermediate/Mid-Tier Gold Producers  24.8%    
 300,000  Alamos Gold, Inc.      3,054,000 
 250,000  Dundee Precious Metals, Inc.      1,604,984 
 225,000  Fortuna Silver Mines, Inc.*      730,487 
 130,000  Lundin Gold, Inc.      1,343,349 
 700,000  OceanaGold Corp.*      1,426,164 
 75,000  Pan American Silver Corp.      1,114,500 
 800,000  Perseus Mining Ltd.      1,057,802 
 150,000  SSR Mining, Inc.     2,047,500 
          12,378,786 
    Junior Gold Producers  19.5%     
 400,489  Calibre Mining Corp.*      334,597 
 1,250,000  Emerald Resources N.L.*      1,110,289 
 150,000  i-80 Gold Corp.*      341,884 
 1,449,950  Jaguar Mining, Inc.      2,752,195 
 175,000  K92 Mining, Inc.*      954,196 
 1,000,000  Minera Alamos, Inc.*      278,490 
 450,000  Mineros S.A.      181,385 
 500,000  Orezone Gold Corp.*      465,372 
 4,100,000  Superior Gold, Inc.*      826,310 
 1,595,000  Thor Explorations Ltd.*      327,299 
 450,000  Wesdome Gold Mines Ltd.*     2,146,940 
          9,718,957 
    Exploration and Development Companies  4.5%     
 180,500  Benchmark Metals, Inc.*      48,283 
 250,000  G Mining Ventures Corp.*      164,895 
 1,000,000  Liberty Gold Corp.*      388,421 
 616,500  Montage Gold Corp.*      293,679 
 5,000,000  Omai Gold Mines Corp.      230,854 
 257,945  Paramount Gold Nevada Corp.*      77,383 
 975,000  Rio2 Ltd.*      121,473 

 

 

Shares    Value 
 3,000,000  Royal Road Minerals Ltd.*     $269,329 
 4,578,755  RTG Mining, Inc.*      140,188 
 2,512,040  Sutter Gold Mining, Inc.* #      — 
 1,210,500  Tajiri Resources Corp.*      31,050 
 530,000  West Vault Mining, Inc.*      369,000 
 450,000  Westhaven Gold Corp.*      113,778 
          2,248,333 
    Royalty/Streaming Companies  8.1%    
 97,500  Wheaton Precious Metals Corp.     4,062,202 
    Primary Silver Producers  7.5%     
 625,000  Andean Precious Metals Corp.*      384,756 
 570,000  Aya Gold & Silver, Inc.*      3,341,884 
          3,726,640 
    Total Common Stocks        
    (Cost $29,575,982)     48,735,707 
    Warrants  2.4%     
    Exploration and Development Companies  0.0%     
 641,000 

Euro Sun Mining, Inc.

Exercise Price 0.55 CAD, Exp. 6/5/2023*

      — 
 225,000 

Westhaven Gold Corp.

Exercise Price 1.00 CAD, Exp. 3/3/2023*

     — 
 400,000 

Apollo Silver Corp.

Exercise Price 1.25 CAD, Exp. 6/25/2023*

     — 
          — 
    Primary Silver Producers  2.4%     
 350,000 

Aya Gold & Silver, Inc.

Exercise Price 3.30 CAD, Exp. 9/3/2023*

     1,205,570 
          1,205,570 
    Total Warrants        
    (Cost $0)      1,205,570 
    Total Investments  100.1%     
    (Cost $29,575,982)      49,941,277 
    Liabilities less Other Assets  (0.1)%   (32,431)
    TOTAL NET ASSETS  100.0%  $49,908,846 

 

ADR – American Depository Receipt

PLC – Public Limited Company

CAD – Canadian Dollars

 

^ Denoted investment is a Canadian security traded on U.S. stock exchange.
* Non-income producing security.
# Level 3 security fair valued under procedures established by the Board of Trustees, represents 0.00% of Net Assets. The total value of this security is $0.