-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, CLNUMVQsVQ+ln2u7lcJG73NyqNEpIefmJ7Wwrjxi02bszM5ySckj6c6EhzxVmnN8 y8SxkAj4mLVc85hkdDxV/Q== 0000950134-09-002975.txt : 20090217 0000950134-09-002975.hdr.sgml : 20090216 20090217100029 ACCESSION NUMBER: 0000950134-09-002975 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20081231 FILED AS OF DATE: 20090217 DATE AS OF CHANGE: 20090217 EFFECTIVENESS DATE: 20090217 FILER: COMPANY DATA: COMPANY CONFORMED NAME: U S GLOBAL INVESTORS INC CENTRAL INDEX KEY: 0000754811 STANDARD INDUSTRIAL CLASSIFICATION: INVESTMENT ADVICE [6282] IRS NUMBER: 741598370 STATE OF INCORPORATION: TX FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-02220 FILM NUMBER: 09607731 BUSINESS ADDRESS: STREET 1: 7900 CALLAGHAN RD CITY: SAN ANTONIO STATE: TX ZIP: 78229 BUSINESS PHONE: 2103081234 MAIL ADDRESS: STREET 1: 7900 CALLAGHAN ROAD CITY: SAN ANTONIO STATE: TX ZIP: 78229 FORMER COMPANY: FORMER CONFORMED NAME: UNITED SERVICES ADVISORS INC /TX/ DATE OF NAME CHANGE: 19950321 13F-HR 1 d66357e13fvhr.txt FORM 13F-HR UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: December 31, 2008 Check here if Amendment [ ]; Amendment Number: _________ This Amendment (Check only one.): [ ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: U.S. Global Investors Inc. Address: 7900 Callaghan Road San Antonio, Texas 78278-1234 Form 13F File Number: 28-_____________ The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Susan McGee Title: President Phone: (210) 308-1234 Signature, Place, and Date of Signing: /s/ Susan McGee San Antonio, TX February 17, 2009 - ------------------------------------- --------------- ----------------- [Signature] [City, State] [Date] Report Type (Check only one.): [X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) [ ] 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) [ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) List of Other Managers Reporting for this Manager: [If there are no entries in this list, omit this section.] Form 13F File Number Name - -------------------- ---- 28- ___________ ________________________________ [Repeat as necessary.] Number of Other Included Managers 0 Form 13F Information Table Entry Total 424 Form 13F Information Table Total Value (x1000) 1,253,296 FORM 13F INFORMATION TABLE
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 - --------------------------- ------------------- --------- --------- -------------------- ---------- -------- ---------------------- SHARES OR VOTING AUTHORITY VALUE PRINCIPAL SH/ PUT/ INVESTMENT OTHER ---------------------- NAME OF ISSUER TITLE OF CLASS CUSIP (X$1000) AMOUNT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE - --------------------------- ------------------- --------- --------- ----------- --- ---- ---------- -------- ---- --------- ------- ABB LTD SPON ADR SPON ADR 000375204 225 15,000 SH Sole 15,000 ABRAXAS PETROLEUM CORP COM 003830106 424 589,294 SH Sole 589,294 ACTIVISION BLIZZARD INC COM 00507V109 216 25,000 SH Sole 25,000 ACTIVISION BLIZZARD INC COM 00507V109 691 80,000 SH Sole 80,000 AECOM TECHNOLOGY CORP COM 00766T100 246 8,000 SH Sole 8,000 AGNICO EAGLE MINES LTD COM 008474108 2,455 47,822 SH Sole 47,822 AGNICO EAGLE MINES LTD /CAD/ COM 008474108 3,000 58,158 SH Sole 58,158 AGNICO EAGLE MINES LTD /CAD/ COM 008474108 9,364 181,520 SH Sole 181,520 AGNICO EAGLE MINES LTD /CAD/ COM 008474108 1,283 25,000 SH WTS Sole 25,000 AGNICO EAGLE MINES LTD /CAD/ COM 008474108 2,567 50,000 SH Sole 50,000 AGNICO EAGLE MINES LTD /CAD/ COM 008474108 5,356 104,340 SH Sole 104,340 AGNICO EAGLE MINES LTD /CAD/ COM 008474108 9,124 177,760 SH Sole 177,760 AGNICO EAGLE MINES LTD /CAD/ COM 008474108 7,186 140,000 SH Sole 140,000 AGNICO EAGLE MINES LTD /CAD/ COM 008474108 11,293 220,000 SH Sole 220,000 ALCOA INC COM 013817101 24 2,100 SH CALL Sole 2,100 ALCON INC COM H01301102 446 5,000 SH Sole 5,000 ALLIANCEBERNSTEIN HLDG L P UNIT LTD PARTN 01881G106 208 10,000 SH Sole 10,000 ALMOST FAMILY INC COM 020409108 720 16,000 SH Sole 16,000 ALPHA NATURAL RESOURCES COM 02076X102 3,319 205,000 SH CALL Sole 205,000 ALTERA CORP COM 021441100 334 20,000 SH Sole 20,000 AMERICA MOVIL SAB DE CV SERIES L SPON ADR L SHS' 02364W105 496 16,000 SH Sole 16,000 AMERICA MOVIL SAB DE CV SERIES L SPON ADR L SHS' 02364W105 359 11,600 SH Sole 11,600 ANADARKO PETE CORP COM 032511107 347 9,000 SH Sole 9,000 ANGLOGOLD ASHANTI LTD SPON ADR SPON ADR 035128206 6,463 233,237 SH Sole 233,237 ANGLOGOLD ASHANTI LTD SPON ADR SPON ADR 035128206 5,154 186,000 SH Sole 186,000 ANGLOGOLD ASHANTI LTD SPON ADR SPON ADR 035128206 554 20,000 SH CALL Sole 20,000 ANOORAQ RESOURCES CORP /CAD/ COM 03633E108 117 375,000 SH Sole 375,000 ANOORAQ RESOURCES CORP /CAD/ COM 03633E108 881 2,822,400 SH Sole 2,822,400 APPLE INC COM 037833100 341 4,000 SH Sole 4,000 ARCHER DANIELS MIDLAND COM 039483102 8,649 300,000 SH Sole 300,000 ARENA RESOURCES INC COM 040049108 7,023 250,000 SH Sole 250,000 ASA LTD COM G3156P103 5,100 100,000 SH Sole 100,000 ASA LTD COM G3156P103 1,632 32,000 SH Sole 32,000 AT&T INC COM 00206R102 713 25,000 SH Sole 25,000 AT&T INC COM 00206R102 570 20,000 SH Sole 20,000 ATLAS AIR WORLDWIDE HOLDINGS COM 049164205 151 8,000 SH Sole 8,000 AURIZON MINES LTD COM COM 05155P106 400 123,365 SH Sole 123,365 AURIZON MINES LTD COM COM 05155P106 907 280,000 SH Sole 280,000 AURIZON MINES LTD /CAD/ COM 05155P106 1,148 350,000 SH Sole 350,000 AVON PRODUCTS COM 054303102 481 20,000 SH Sole 20,000 BANCOLOMBIA SA SPON ADR SPON ADR 05968L102 292 12,500 SH Sole 12,500 BARRICK GOLD CORP COM COM 067901108 10,172 276,647 SH Sole 276,647 BARRICK GOLD CORP COM COM 067901108 4,912 133,574 SH Sole 133,574 BAXTER INTL INC COM 071813109 1,125 21,000 SH Sole 21,000 BERKSHIRE HATHAWAY INC CL B CL B 084670207 546 170 SH Sole 170 BHP BILLITON LIMITED ADR SPON ADR 088606108 10,725 250,000 SH Sole 250,000 BHP BILLITON LIMITED ADR SPON ADR 088606108 47,190 1,100,000 SH CALL Sole 1,100,000 BHP BILLITON PLC COM 05545E209 129 3,000 SH CALL Sole 3,000 BHP BILLITON PLC COM 05545E209 257 6,000 SH CALL Sole 6,000 BOSTON PROPERTIES INC REIT COM 101121101 248 4,500 SH Sole 4,500 BP PLC SPONSORED ADR SPON ADR 055622104 7,478 160,000 SH Sole 160,000 BRISTOL MYERS SQUIBB CO COM 110122108 988 42,500 SH Sole 42,500 BUCKLE INC COM 118440106 327 15,000 SH Sole 15,000 BURLINGTON NORTHN SANTA FE COM 12189T104 984 13,000 SH Sole 13,000 BURLINGTON NORTHN SANTA FE CORP COM 12189T104 227 3,000 SH CALL Sole 3,000 CALIFORNIA WTR SVC GRP COM 130788102 93 2,000 SH Sole 2,000 CAMERON INTERNATIONAL CORP COM 13342B105 410 20,000 SH Sole 20,000 CANO PETE INC COM COM 137801106 1,199 2,725,000 SH Sole 2,725,000 CANO PETE INC COM 137801106 44 100,000 SH Sole 100,000
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 - --------------------------- ------------------- --------- --------- -------------------- ---------- -------- ---------------------- SHARES OR VOTING AUTHORITY VALUE PRINCIPAL SH/ PUT/ INVESTMENT OTHER ---------------------- NAME OF ISSUER TITLE OF CLASS CUSIP (X$1000) AMOUNT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE - --------------------------- ------------------- --------- --------- ----------- --- ---- ---------- -------- ---- --------- ------- CARBO CERAMICS INC COM 140781105 6,573 185,000 SH Sole 185,000 CELGENE CORP COM 151020104 221 4,000 SH Sole 4,000 CELGENE CORP COM 151020104 332 6,000 SH Sole 6,000 CENTRAL SUN MNG INC COM 155432107 318 1,335,098 SH Sole 1,335,098 CHESAPEAKE GOLD CORP /CAD/ COM 165184102 1,872 716,350 SH Sole 716,350 CHESAPEAKE GOLD CORP /CAD/ COM 165184102 5,159 1,974,219 SH Sole 1,974,219 CHEVRON CORP COM 166764100 185 2,500 SH Sole 2,500 CHINA MOBILE LTD SPON ADR SPON ADR 16941M109 509 10,000 SH Sole 10,000 CHINA MOBILE LTD SPON ADR SPON ADR 16941M109 254 5,000 SH Sole 5,000 CHINA MOBILE LTD SPON ADR SPON ADR 16941M109 305 6,000 SH Sole 6,000 CHINA MOBILE LTD SPON ADR SPON ADR 16941M109 305 6,000 SH Sole 6,000 CHINA MOBILE LTD SPON ADR SPON ADR 16941M109 164 3,223 SH Sole 3,223 CHIPOTLE MEXICAN GRILL INC COM 169656105 310 5,000 SH Sole 5,000 CHUNGHWA TELECOM CO LTD ADR SPON ADR 17133Q304 163 10,480 SH Sole 10,480 CIBT EDUCATION GROUP INC /CAD/ COM 17163Y102 203 533,632 SH Sole 533,632 CITIGROUP INC COM 172967101 168 25,000 SH Sole 25,000 CITRIX SYSTEMS INC COM 177376100 118 5,000 SH Sole 5,000 CNOOC LTD ADR SPON ADR 126132109 476 5,000 SH Sole 5,000 CNOOC LTD ADR SPON ADR 126132109 190 2,000 SH Sole 2,000 COEUR D ALENE MINES CORP COM 192108108 20 22,549 SH Sole 22,549 COEUR D ALENE MINES CO /CAD/ COM 192108108 342 378,000 SH Sole 378,000 COMPAHNIA VALE DO RIO DOCE ADR SPON ADR 204412209 303 25,000 SH Sole 25,000 COMPAHNIA VALE DO RIO DOCE ADR SPON ADR 204412209 424 35,000 SH Sole 35,000 COMPAHNIA VALE DO RIO DOCE ADR SPON ADR 204412209 606 50,000 SH Sole 50,000 COMPAHNIA VALE DO RIO DOCE ADR SPON ADR 204412209 194 16,000 SH Sole 16,000 COMPANHIA ENERGETICA SPON ADR SPON ADR 204409601 442 32,161 SH Sole 32,161 COMPANHIA SIDERURGICA NAC ADR SPON ADR 20440W105 224 17,500 SH Sole 17,500 CONOCOPHILLIPS COM 20825C104 10,878 210,000 SH Sole 210,000 CONOCOPHILLIPS COM 20825C104 130 2,500 SH CALL Sole 2,500 CONSOL ENERGY INC COM 20854P109 7,574 265,000 SH Sole 265,000 CORRIENTE RESOURCES INC /CAD/ COM 22027E409 1,598 500,000 SH Sole 500,000 CPFL ENERGIA SA SP ADR/USD/ SPON ADR 126153105 488 12,500 SH Sole 12,500 CRYSTALLEX INTL CORP COM 22942F101 20 120,000 SH Sole 120,000 CRYSTALLEX INTL CORP COM 22942F101 53 312,000 SH Sole 312,000 CRYSTALLEX INTL CORP COM 22942F101 13 75,000 SH WTS Sole 75,000 CRYSTALLEX INTL CORP COM 22942F101 11 62,500 SH WTS Sole 62,500 CRYSTALLEX INTL CORP COM 22942F101 28 162,500 SH WTS Sole 162,500 CUBIST PHARMACEUTICALS INC COM 229678107 966 40,000 SH Sole 40,000 DENISON MINES /CAD/ COM 248356107 972 665,424 SH WTS Sole 665,424 DENISON MINES /CAD/ COM 248356107 792 542,290 SH WTS Sole 542,290 DENISON MINES /CAD/ COM 248356107 410 281,088 SH WTS Sole 281,088 DEVON ENERGY CORP COM 25179M103 8,871 135,000 SH Sole 135,000 DIANA SHIPPING INC COM Y2066G104 3,509 275,000 SH Sole 275,000 DIANA SHIPPING INC COM Y2066G104 128 10,000 SH Sole 10,000 DOW CHEM CO COM 260543103 2,264 150,000 SH Sole 150,000 DOW CHEM CO COM 260543103 91 6,000 SH Sole 6,000 DRDGOLD LTD SPONSORED ADR SPON ADR 26152H301 334 60,000 SH Sole 60,000 DRDGOLD LTD SPONSORED ADR SPON ADR 26152H301 14 2,500 SH Sole 2,500 ELDORADO GOLD CORP COM 284902103 4,077 512,859 SH Sole 512,859 ELDORADO GOLD CORP COM 284902103 1,670 210,000 SH Sole 210,000 ELDORADO GOLD CORP /CAD/ COM 284902103 317 40,000 SH Sole 40,000 EMERGENT BIOSOLUTIONS INC COM 29089Q105 522 20,000 SH Sole 20,000 ENERGY CONVERSION DEVICES COM 292659109 353 14,000 SH Sole 14,000 ENERGY RECOVERY INC COM 29270J100 341 45,000 SH Sole 45,000 ENTREE GOLD INC /CAD/ COM 29383G100 889 1,020,000 SH Sole 1,020,000 ENTREE GOLD INC /CAD/ COM 29383G100 87 100,000 SH Sole 100,000 ENTREE GOLD INC /CAD/ COM 29383G100 87 100,000 SH Sole 100,000 EXELON CORPORATION COM 30161N101 779 14,000 SH Sole 14,000 EXETER RES CORP COM 301835104 40 20,500 SH Sole 20,500 EXXON MOBIL CORP COM 30231G102 19,958 250,000 SH Sole 250,000 EXXON MOBIL CORP COM 30231G102 718 9,000 SH Sole 9,000 EXXON MOBIL CORP COM 30231G102 200 2,500 SH CALL Sole 2,500
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 - --------------------------- ------------------- --------- --------- -------------------- ---------- -------- ---------------------- SHARES OR VOTING AUTHORITY VALUE PRINCIPAL SH/ PUT/ INVESTMENT OTHER ---------------------- NAME OF ISSUER TITLE OF CLASS CUSIP (X$1000) AMOUNT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE - --------------------------- ------------------- --------- --------- ----------- --- ---- ---------- -------- ---- --------- ------- EZCORP INC CL A NON VTG CL A NON VTG 302301106 913 60,000 SH Sole 60,000 F P L GROUP INC COM 302571104 1,107 22,000 SH Sole 22,000 F5 NETWORKS INC COM 315616102 286 12,500 SH Sole 12,500 FAMILY DOLLAR STORES INC COM 307000109 196 7,500 SH Sole 7,500 FIRST FINL BANKSHARES INC COM 32020R109 690 12,500 SH Sole 12,500 FIRST SOLAR INC COM 336433107 207 1,500 SH Sole 1,500 FIRST SOLAR INC COM 336433107 690 5,000 SH Sole 5,000 FIRST SOLAR INC COM 336433107 759 5,500 SH Sole 5,500 FIRSTENERGY CORP COM 337932107 632 13,000 SH Sole 13,000 FLIR SYSTEMS INC COM 302445101 460 15,000 SH Sole 15,000 FLUOR CORP COM 343412102 583 13,000 SH Sole 13,000 FLUOR CORP COM 343412102 269 6,000 SH Sole 6,000 FLUOR CORP COM 343412102 4,577 102,000 SH CALL Sole 102,000 FOMENTO ECONOMICS MEX SPON ADR SPON ADR 344419106 199 6,600 SH Sole 6,600 FREEPORT-MCMORAN C & G COMMON COM 35671D857 2,444 100,000 SH Sole 100,000 GAMMON GOLD INC COM 36467T106 68 12,500 SH CALL Sole 12,500 GENERAL CABLE CORP COM 369300108 221 12,500 SH Sole 12,500 GENERAL CABLE CORP COM 369300108 310 17,500 SH Sole 17,500 GERDAU SA SPONSORED ADR SPON ADR 373737105 396 60,000 SH Sole 60,000 GERDAU SA SPONSORED ADR SPON ADR 373737105 99 15,000 SH Sole 15,000 GILEAD SCIENCES INC COM 375558103 460 9,000 SH Sole 9,000 GOLD FIELDS LTD SPON ADR SPON ADR 38059T106 5,525 556,357 SH Sole 556,357 GOLD FIELDS LTD SPON ADR SPON ADR 38059T106 3,630 365,600 SH Sole 365,600 GOLD FIELDS LTD SPON ADR SPON ADR 38059T106 9,712 978,000 SH CALL Sole 978,000 GOLDCORP INC COM 380956409 4,030 127,800 SH PUT Sole 127,800 GOLDCORP INC COM 380956409 5,370 170,300 SH PUT Sole 170,300 GOLDCORP INC COM 380956409 14,810 469,700 SH PUT Sole 469,700 GOLDCORP INC COM 380956409 189 6,000 SH CALL Sole 6,000 GOLDCORP INC COM 380956409 190 6,023 SH WTS Sole 6,023 GOLDCORP INC W. EXP 6/9/201 380956409 10 302 SH WTS Sole 302 GOLDCORP INC W. EXP 6/9/201 380956409 32 1,000 SH WTS Sole 1,000 GOLDCORP INC W. EXP 6/9/201 380956409 783 24,846 SH WTS Sole 24,846 GOLDCORP INC /CAD/ W. EXP 6/9/201 380956409 41,483 1,080,574 SH WTS Sole 1,080,574 GOLDCORP INC /CAD/ W. EXP 6/9/201 380956409 56,156 1,462,766 SH WTS Sole 1,462,766 GOLDCORP INC /CAD/ W. EXP 6/9/201 380956409 152,296 3,967,087 SH WTS Sole 3,967,087 GOLDEN STAR RES LTD COM 38119T104 1,445 1,445,364 SH Sole 1,445,364 GOLDEN STAR RES LTD COM 38119T104 1,463 1,462,900 SH Sole 1,462,900 GOLD FIELDS LTD COM 38059T106 248 25,000 SH CALL Sole 25,000 GOLDMAN SACHS GROUP INC COM 38141G104 380 4,500 SH Sole 4,500 GOODRICH PETROLEUM CORP COM 382410405 150 5,000 SH Sole 5,000 GRAN TIERRA ENERGY INC COM 38500T101 7,736 2,763,000 SH Sole 2,763,000 GRANITE CONSTRUCTION INC COM 387328107 220 5,000 SH Sole 5,000 GREAT BASIN GOLD LTD /CAD/ COM 390124105 2,850 2,208,500 SH Sole 2,208,500 GRUPO AEROPORTUARIO SPON ADR SPON ADR 40051E202 822 22,000 SH Sole 22,000 HARMONY GOLD MINING SPND ADR SPON ADR 413216300 5,787 527,566 SH Sole 527,566 HARMONY GOLD MINING SPND ADR SPON ADR 413216300 3,477 317,000 SH Sole 317,000 HARMONY GOLD MINING SPND ADR SPON ADR 413216300 1,426 130,000 SH CALL Sole 130,000 HARMONY GOLD MINING SPND ADR SPON ADR 413216300 2,084 190,000 SH CALL Sole 190,000 HARMONY GOLD MNG LTD COM 413216300 208 19,000 SH CALL Sole 19,000 HATTERAS FINL CORP COM 41902R103 532 20,000 SH Sole 20,000 HECLA MINING COM 422704106 118 42,000 SH CALL Sole 42,000 HECLA MINING COM 422704106 448 160,000 SH CALL Sole 160,000 HELMERICH & PAYNE INC COM 423452101 4,550 200,000 SH Sole 200,000 HELMERICH & PAYNE INC COM 423452101 546 24,000 SH Sole 24,000 HELMERICH & PAYNE INC COM 423452101 4,493 197,500 SH CALL Sole 197,500 HILL INTERNATIONAL INC COM 431466101 352 50,000 SH Sole 50,000 HUANENG PWR INTL SPSD ADR N SPON ADR 443304100 875 30,000 SH Sole 30,000 HUANENG PWR INTL SPSD ADR N SPON ADR 443304100 292 10,000 SH Sole 10,000 HUANENG PWR INTL SPSD ADR N SPON ADR 443304100 409 14,000 SH Sole 14,000 HUANENG PWR INTL SPSD ADR N SPON ADR 443304100 131 4,500 SH Sole 4,500 HUMANA INC COM 444859102 746 20,000 SH Sole 20,000 IAMGOLD CORPORATION COM 450913108 3,463 566,722 SH Sole 566,722
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 - --------------------------- ------------------- --------- --------- -------------------- ---------- -------- ---------------------- SHARES OR VOTING AUTHORITY VALUE PRINCIPAL SH/ PUT/ INVESTMENT OTHER ---------------------- NAME OF ISSUER TITLE OF CLASS CUSIP (X$1000) AMOUNT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE - --------------------------- ------------------- --------- --------- ----------- --- ---- ---------- -------- ---- --------- ------- IAMGOLD CORPORATION COM 450913108 3,605 590,001 SH Sole 590,001 IAMGOLD CORPORATION /CAD/ COM 450913108 2,124 340,000 SH Sole 340,000 IAMGOLD CORPORATION /CAD/ COM 450913108 3,859 617,900 SH Sole 617,900 ILLUMINA INC COM 452327109 287 11,000 SH Sole 11,000 ILLUMINA INC COM 452327109 782 30,000 SH Sole 30,000 INTERNATIONAL ROYALTY CORP/CAD COM 460277106 905 655,550 SH Sole 655,550 INTERNATIONAL ROYALTY CORP/CAD COM 460277106 11 8,000 SH Sole 8,000 ISHARES SILVER TRUST COM 46428Q109 1,800 160,000 SH Sole 160,000 ITT CORP COM 450911102 253 5,500 SH Sole 5,500 ITT EDUCATIONAL SERVICES INC COM 45068B109 1,140 12,000 SH Sole 12,000 IVANHOE ENERGY INC /CAD/ COM 465790103 872 1,830,000 SH Sole 1,830,000 IVANHOE ENERGY LTD /CAD/ COM 465790103 28 60,000 SH Sole 60,000 IVANHOE ENERGY LTD /CAD/ COM 465790103 12 24,000 SH WTS Sole 24,000 IVANHOE MINES LTD /CAD/ COM 46579N103 294 109,400 SH Sole 109,400 IVANHOE MINES LTD /CAD/ COM 46579N103 1,696 631,100 SH Sole 631,100 JAGUAR MINING INC /CAD/ COM 47009M103 759 121,659 SH Sole 121,659 JAGUAR MINING INC /CAD/ COM 47009M103 1,829 293,077 SH Sole 293,077 JAGUAR MINING INC /CAD/ COM 47009M103 5,331 854,400 SH Sole 854,400 JAGUAR MINING INC /CAD/ COM 47009M103 12,861 2,061,120 SH Sole 2,061,120 JNR RESOURCES INC /CAD/ COM 465927101 109 456,800 SH Sole 456,800 JOHNSON & JOHNSON COM 478160104 479 8,000 SH Sole 8,000 JPMORGAN CHASE & COMPANY COM 46625H100 252 8,000 SH Sole 8,000 KB FINANCIAL GROUP INC ADR SPON ADR 48241A105 297 11,331 SH Sole 11,331 KINROSS GOLD CORP COM 496902404 11,103 602,749 SH Sole 602,749 KINROSS GOLD CORP COM 496902404 13,958 757,754 SH Sole 757,754 KINROSS GOLD CORP COM 496902404 276 15,000 SH CALL Sole 15,000 KINROSS GOLD CORP /CAD/ COM 496902404 5,064 225,054 SH WTS Sole 225,054 KINROSS GOLD CORP /CAD/ COM 496902404 8,422 374,313 SH WTS Sole 374,313 KINROSS GOLD CORP /CAD/ COM 496902404 11,015 489,535 SH WTS Sole 489,535 KINROSS GOLD CORP /CAD/ COM 496902404 10,043 446,371 SH WTS Sole 446,371 KINROSS GOLD CORP /CAD/ COM 496902404 3,252 144,528 SH WTS Sole 144,528 KINROSS GOLD CORP /CAD/ COM 496902404 6,904 306,843 SH WTS Sole 306,843 LHC GROUP LLC COM 50187A107 720 20,000 SH Sole 20,000 LIHIR GOLD LTD SPON ADR SPON ADR 532349107 3,739 170,488 SH Sole 170,488 LIHIR GOLD LTD SPON ADR SPON ADR 532349107 5,599 255,300 SH Sole 255,300 LIHIR GOLD LTD SPON ADR SPON ADR 532349107 439 20,000 SH Sole 20,000 LINN ENERGY LLC UNIT LTD LIAB UNIT LTD LIAB 536020100 225 15,000 SH Sole 15,000 LOWE'S COMPANIES INC COM 548661107 430 20,000 SH Sole 20,000 LUNDIN MINING CORP /CAD/ COM 550372106 333 340,900 SH Sole 340,900 LUNDIN MINING CORP /CAD/ COM 550372106 1,355 1,386,000 SH Sole 1,386,000 LUNDIN MINING CORP /REST/ COM 550372106 15 15,430 SH Sole 15,430 LUNDIN MINING CORP /CAD/ COM 550372106 26 26,500 SH Sole 26,500 MAG SILVER CORPORATION /CAD/ COM 55903Q104 677 150,600 SH Sole 150,600 MAG SILVER CORPORATION /CAD/ COM 55903Q104 1,649 366,800 SH Sole 366,800 MAG SILVER /CAD/ COM 55903Q104 56 12,500 SH Sole 12,500 MANITOWOC CO INC COM 563571108 173 20,000 SH Sole 20,000 MANITOWOC CO INC COM 563571108 260 30,000 SH Sole 30,000 MARKET VECTORS GOLD MINERS ETF GOLD MINER ETF 57060U100 10,164 300,000 SH Sole 300,000 MARKET VECTORS GOLD MINERS ETF GOLD MINER ETF 57060U100 12,874 380,000 SH PUT Sole 380,000 MARKET VECTORS GOLD MINERS ETF GOLD MINER ETF 57060U100 23,547 695,000 SH PUT Sole 695,000 MARKET VECTORS ETF TR MV STEEL INDEX 5706OU308 147 5,000 SH Sole 5,000 MC DONALDS CORP COM 580135101 373 6,000 SH Sole 6,000 MINAS BUENAVENTURA SP ADR A SPON ADR 204448104 3,203 160,770 SH Sole 160,770 MINES MANAGEMENT INC COM 603432105 1,059 846,930 SH Sole 846,930 MINES MANAGEMENT INC COM 603432105 25 20,250 SH Sole 20,250 MINES MANAGEMENT INC /CAD/ COM 603432105 63 40,900 SH Sole 40,900 MINES MANAGEMENT INC /CAD/ COM 603432105 1,072 691,300 SH WTS Sole 691,300 MINES MANAGEMENT INC COM 603432105 4 2,500 SH WTS Sole 2,500 MINES MANAGEMENT INC COM 603432105 20 13,000 SH WTS Sole 13,000 MOSAIC CO COM 61945A107 3,806 110,000 SH CALL Sole 110,000 MONSANTO CO COM 61166W101 5,452 77,500 SH Sole 77,500 MURPHY OIL CORP COM 626717102 6,653 150,000 SH Sole 150,000 NEW GOLD INC COM 644535106 7 4,823 SH Sole 4,823 NEW GOLD INC COM 644535106 7 5,000 SH Sole 5,000
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 - --------------------------- ------------------- --------- --------- -------------------- ---------- -------- ---------------------- SHARES OR VOTING AUTHORITY VALUE PRINCIPAL SH/ PUT/ INVESTMENT OTHER ---------------------- NAME OF ISSUER TITLE OF CLASS CUSIP (X$1000) AMOUNT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE - --------------------------- ------------------- --------- --------- ----------- --- ---- ---------- -------- ---- --------- ------- NEW GOLD INC /CAD/ COM 644535106 776 776,400 SH Sole 776,400 NEW GOLD INC /CAD/ COM 644535106 1,007 1,006,590 SH Sole 1,006,590 NEW GOLD INC /CAD/ COM 644535106 464 262,014 SH Sole 262,014 NEW GOLD INC /CAD/ COM 644535106 2,259 1,276,521 SH Sole 1,276,521 NEW GOLD INC /CAD/ COM 644535106 2,352 1,328,576 SH Sole 1,328,576 NEW GOLD INC /CAD/ COM 644535106 8 4,338 SH Sole 4,338 NEW GOLD INC /CAD/ COM 644535106 71 40,000 SH Sole 40,000 NEW GOLD INC /CAD/ COM 644535106 410 231,800 SH WTS Sole 231,800 NEW GOLD INC /CAD/ COM 644535106 1,947 1,099,900 SH WTS Sole 1,099,900 NEW GOLD INC /CAD/ COM 644535106 1,456 822,570 SH WTS Sole 822,570 NEW GOLD INC /CAD/ COM 644535106 624 352,530 SH WTS Sole 352,530 NEW GOLD INC /CAD/ COM 644535106 489 276,240 SH WTS Sole 276,240 NEW GOLD INC /CAD/ COM 644535106 16 8,850 SH WTS Sole 8,850 NEW GOLD INC /CAD/ COM 644535106 4,351 2,458,100 SH WTS Sole 2,458,100 NEW GOLD INC /CAD/ COM 644535106 10 5,750 SH WTS Sole 5,750 NEW GOLD INC /CAD/ COM 644535106 179 101,300 SH WTS Sole 101,300 NEW GOLD INC /CAD/ COM 644535106 246 138,950 SH WTS Sole 138,950 NEW GOLD INC /CAD/ COM 644535106 721 407,350 SH WTS Sole 407,350 NEW GOLD INC /CAD/ COM 644535106 4 2,350 SH WTS Sole 2,350 NEW GOLD INC /CAD/ COM 644535106 84 47,200 SH WTS Sole 47,200 NEW GOLD INC /CAD/ COM 644535106 52 29,400 SH WTS Sole 29,400 NEW GOLD INC /CAD/ COM 644535106 57 32,000 SH WTS Sole 32,000 NEW GOLD INC /CAD/ COM 644535106 50 28,500 SH WTS Sole 28,500 NEW GOLD INC /CAD/ COM 644535106 106 59,950 SH WTS Sole 59,950 NEW GOLD INC /CAD/ COM 644535106 133 75,000 SH WTS Sole 75,000 NEW GOLD INC /CAD/ COM 644535106 903 510,000 SH WTS Sole 510,000 NEW GOLD INC /CAD/ COM 644535106 735 415,000 SH WTS Sole 415,000 NEW JERSEY RES CORP COM 646025106 236 6,000 SH Sole 6,000 NEW PACIFIC METALS CORP /CAD/ COM 647823103 246 610,700 SH Sole 610,700 NEWMONT MINING CORP /USD/ COM 651639106 8,314 204,281 SH Sole 204,281 NEWMONT MINING CORP /USD/ COM 651639106 7,851 192,900 SH Sole 192,900 NEWMONT MINING CORP /USD/ COM 651639106 4,477 110,000 SH CALL Sole 110,000 NEWMONT MINING CORP /USD/ COM 651639106 4,477 110,000 SH CALL Sole 110,000 NEWMONT MINING CORP COM 651639106 244 6,000 SH CALL Sole 6,000 NEXEN INC /CAD/ COM 65334H102 105 6,000 SH Sole 6,000 NOBLE ENERGY INC COM 655044105 295 6,000 SH Sole 6,000 NORDIC AMERICAN TANK SHIPPING COM G65773106 253 7,500 SH Sole 7,500 NORTHERN DYNASTY MINERALS/CAD/ COM 66510M204 4,253 4,252,959 SH Sole 4,252,959 NORTHERN DYNASTY MINERALS/CAD/ COM 66510M204 2,769 2,769,046 SH Sole 2,769,046 NORTHERN TRUST CORP COM 665859104 156 3,000 SH Sole 3,000 NOVARTIS AG SPON ADR SPON ADR 66987V109 199 4,000 SH Sole 4,000 NTT DOCOMO INC SPON ADR SPON ADR 62942M201 245 12,500 SH Sole 12,500 NUSTAR ENERGY LP UNIT COM 67058H102 4,517 110,000 SH Sole 110,000 NUSTAR ENERGY LP UNIT COM 67058H102 205 5,000 SH Sole 5,000 NVIDIA CORP COM 67066G104 161 20,000 SH Sole 20,000 OCCIDENTAL PETROLEUM COM 674599105 11,098 185,000 SH Sole 185,000 OCWEN FINANCIAL CORPORATION COM 675746309 367 40,000 SH Sole 40,000 OFFICE DEPOT INC COM 676220106 89 30,000 SH Sole 30,000 OIL SERVICES HOLDRS TRUST COM 678002106 258 3,500 SH CALL Sole 3,500 OIL STATES INTERNATIONAL INC COM 678026105 3,738 200,000 SH Sole 200,000 ORACLE CORP COM 68389X105 665 37,500 SH Sole 37,500 PACIFIC RIM MINING CORP COM 694915208 712 5,082,600 SH Sole 5,082,600 PACIFIC RIM MINING CORP /CAD/ COM 694915208 92 591,900 SH Sole 591,900 PAN AMERICAN SILVER CORP COM 697900108 256 15,000 SH Sole 15,000 PARAMOUNT GOLD AND SILVER /CAD COM 69924P102 152 307,500 SH Sole 307,500 PARAMOUNT GOLD AND SILVER CORP COM 69924P102 264 550,000 SH Sole 550,000 PARAMOUNT GOLD AND SILVER COM 69924P102 12 25,000 SH Sole 25,000 PEABODY ENERGY CORP COM 704549104 6,484 285,000 SH Sole 285,000 PEABODY ENERGY CORP COM 704549104 228 10,000 SH Sole 10,000 PEABODY ENERGY CORP COM 704549104 341 15,000 SH Sole 15,000 PEABODY ENERGY CORP COM 704549104 130 5,700 SH CALL Sole 5,700 PEOPLES UNITED FINANCIAL INC COM 712704105 178 10,000 SH Sole 10,000 PERMIAN BASIN RTY TR UNIT BEN INT UNIT BEN INT 714236106 137 10,000 SH Sole 10,000
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 - --------------------------- ------------------- --------- --------- -------------------- ---------- -------- ---------------------- SHARES OR VOTING AUTHORITY VALUE PRINCIPAL SH/ PUT/ INVESTMENT OTHER ---------------------- NAME OF ISSUER TITLE OF CLASS CUSIP (X$1000) AMOUNT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE - --------------------------- ------------------- --------- --------- ----------- --- ---- ---------- -------- ---- --------- ------- PETMED EXPRESS INC COM 716382106 970 55,000 SH Sole 55,000 PETROCHINA CO LTD ADR SPON ADR 71646E100 14,237 160,000 SH Sole 160,000 PETROCHINA CO LTD ADR SPON ADR 71646E100 890 10,000 SH Sole 10,000 PETROCHINA CO LTD ADR SPON ADR 71646E100 356 4,000 SH Sole 4,000 PETROCHINA CO LTD COM 71646E100 178 2,000 SH CALL Sole 2,000 PETROHAWK ENERGY CORP COM 716495106 9,378 600,000 SH Sole 600,000 PETROLEO BRASILEIRO SA ADR SPON ADR 71654V408 7,347 300,000 SH Sole 300,000 PFIZER INC COM 717081103 266 15,000 SH Sole 15,000 PFIZER INC COM 717081103 708 40,000 SH Sole 40,000 PHILIP MORRIS INTERNATIONAL COM 718172109 348 8,000 SH Sole 8,000 PIEDMONT NATURAL GAS COM 720186105 317 10,000 SH Sole 10,000 PLATINUM GROUP METALS /CAD/ COM 72765Q205 753 492,700 SH Sole 492,700 PLATINUM GROUP METALS /CAD/ COM 72765Q205 1,507 985,900 SH Sole 985,900 POTASH CORP SASKATCHEWAN COM 73755L107 6,041 82,500 SH Sole 82,500 QUALCOMM INC COM 747525103 322 9,000 SH Sole 9,000 QUALITY SYSTEMS INC COM 747582104 218 5,000 SH Sole 5,000 RANGE RESOURCES CORP COM 75281A109 12,552 365,000 SH Sole 365,000 RANGE RESOURCES CORP COM 75281A109 21 600 SH CALL Sole 600 RANDGOLD RESOURCES LTD ADR SPON ADR 752344309 13,176 300,000 SH Sole 300,000 RANDGOLD RESOURCES LTD ADR SPON ADR 752344309 38,650 880,000 SH Sole 880,000 RANDGOLD RESOURCES LTD ADR SPON ADR 752344309 1,537 35,000 SH CALL Sole 35,000 RANDGOLD RESOURCES LTD ADR SPON ADR 752344309 3,997 91,000 SH CALL Sole 91,000 RANDGOLD RESOURCES LTD ADR COM 752185108 198 4,500 SH CALL Sole 4,500 RESMED INC COM 761152107 169 4,500 SH Sole 4,500 ROYAL GOLD INC COM 780287108 8,266 167,971 SH Sole 167,971 ROYAL GOLD INC COM 780287108 7,765 157,800 SH Sole 157,800 RUBICON MINERALS /CAD//REST/ COM 780911103 198 169,600 SH Sole 169,600 RUBICON MINERALS CORP /CAD/ COM 780911103 1,179 1,010,000 SH Sole 1,010,000 RUBICON MINERALS CORP /CAD/ COM 780911103 122 105,000 SH Sole 105,000 SAN JUAN BASIN RTY TR UBI UNIT BEN INT 798241105 496 16,000 SH Sole 16,000 SASOL LTD /ZAR/ COM 803866102 286 9,528 SH Sole 9,528 SCHLUMBERGER LTD COM 806857108 4,233 100,000 SH Sole 100,000 SCHLUMBERGER LTD COM 806857108 127 3,000 SH Sole 3,000 SCHLUMBERGER LTD COM 806857108 127 3,000 SH Sole 3,000 SCHNITZER STEEL INDUSTRIES INC COM 806882106 7,530 200,000 SH Sole 200,000 SCHWAB /CHARLES/ CORP COM 808513105 323 20,000 SH Sole 20,000 SECTOR SPDR TR SBI INT UTILS SBI INT UTILS 81369Y886 523 18,000 SH Sole 18,000 SEQUENOM INC COM 817337405 159 8,000 SH Sole 8,000 SILVER STD RES INC COM COM 82823L106 239 15,000 SH Sole 15,000 SILVER WHEATON CORP /CAD/ COM 828336107 2,701 337,640 SH WTS Sole 337,640 SILVER WHEATON CORP /CAD/ COM 828336107 5,627 703,340 SH WTS Sole 703,340 SILVER WHEATON CORP /CAD/ COM 828336107 19,176 2,397,020 SH WTS Sole 2,397,020 SILVER WHEATON CORP COM 828336107 36 4,500 SH WTS Sole 4,500 SILVER WHEATON CORP /CAD/ COM 828336107 1,505 188,106 SH WTS Sole 188,106 SILVER WHEATON CORP /CAD/ COM 828336107 1,912 239,044 SH WTS Sole 239,044 SILVER WHEATON CORP /CAD/ COM 828336107 3,438 429,695 SH WTS Sole 429,695 SILVER WHEATON CORP COM 828336107 89 11,071 SH WTS Sole 11,071 SL GREEN REALTY CORP REIT COM 78440X101 194 7,500 SH Sole 7,500 SOLITARIO EXPLOR & ROYALTY/CAD COM 8342EP107 1,397 934,100 SH Sole 934,100 SOUTHWESTERN ENERGY CO COM 845467109 8,112 280,000 SH Sole 280,000 SOUTHWESTERN ENERGY CO COM 845467109 3,839 132,500 SH CALL Sole 132,500 SOUTHWESTERN ENERGY CO COM 845467109 87 3,000 SH CALL Sole 3,000 SPDR GOLD TRUST GOLD TRUST 78463V107 18,176 210,000 SH Sole 210,000 SPDR GOLD TRUST GOLD TRUST 78463V107 7,764 89,700 SH Sole 89,700 SPDR GOLD TRUST GOLD TRUST 78463V107 4,206 48,600 SH Sole 48,600 SPDR GOLD TRUST GOLD TRUST 78463V107 128 1,500 SH Sole 1,500 SPDR GOLD TRUST GOLD TRUST 78463V107 173 2,000 SH Sole 2,000 SPDR GOLD TRUST GOLD TRUST 78463V107 260 3,000 SH Sole 3,000 SPDR GOLD TRUST GOLD TRUST 78463V107 346 4,000 SH Sole 4,000 SPDR GOLD TRUST GOLD TRUST 78463V107 130 1,500 SH Sole 1,500 SPDR KBW INSURANCE ETF KBW INSURANCE ETF 78464A789 179 6,500 SH Sole 6,500 SPDR KBW INSURANCE ETF KBW INSURANCE ETF 78464A789 345 12,500 SH Sole 12,500 SPDR KBW REGIONAL BK ETF KBW REGIONAL BK ETF 78464A698 219 7,500 SH Sole 7,500
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 - --------------------------- ------------------- --------- --------- -------------------- ---------- -------- ---------------------- SHARES OR VOTING AUTHORITY VALUE PRINCIPAL SH/ PUT/ INVESTMENT OTHER ---------------------- NAME OF ISSUER TITLE OF CLASS CUSIP (X$1000) AMOUNT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE - --------------------------- ------------------- --------- --------- ----------- --- ---- ---------- -------- ---- --------- ------- STANTEC INC COM 85472N109 618 25,000 SH Sole 25,000 STEWART INFORMATION SERV CORP COM 860372101 117 5,000 SH Sole 5,000 STIFEL FINANCIAL CORP COM 860630102 917 20,000 SH Sole 20,000 STRAYER EDUCATION INC COM 863236105 1,072 5,000 SH Sole 5,000 SUNOCO INC COM 86764P109 5,650 130,000 SH Sole 130,000 TASEKO MINES LTD /CAD/ COM 876511106 209 359,000 SH Sole 359,000 TEAM INC COM 878155100 305 11,000 SH Sole 11,000 TEAM INC COM 878155100 554 20,000 SH Sole 20,000 TESORO CORP COM 881609101 5,268 400,000 SH Sole 400,000 THOMPSON CREEK METALS CO INC /CAD/ COM 884768102 540 110,291 SH WTS Sole 110,291 THOMPSON CREEK METALS CO INC /CAD/ COM 884768102 857 174,900 SH WTS Sole 174,900 THOMPSON CREEK METALS CO INC /CAD/ COM 884768102 74 15,000 SH WTS Sole 15,000 THOMPSON CREEK METALS CO INC /CAD/ COM 884768102 637 130,000 SH WTS Sole 130,000 THOMPSON CREEK METALS CO INC /CAD/ COM 884768102 490 100,000 SH WTS Sole 100,000 TRANSOCEAN LTD COM H8817H100 9,379 198,500 SH Sole 198,500 TRANSOCEAN LTD COM G90073100 165 3,500 SH CALL Sole 3,500 TRUE RELIGION APPAREL INC COM 89784N104 373 30,000 SH Sole 30,000 TURKCELL ILETISIM HIZMET - ADR SPON ADR 900111204 437 30,000 SH Sole 30,000 ULTRA PETROLEUM CORP COM 903914109 8,110 235,000 SH Sole 235,000 UNITED STATES STEEL CORP COM 912909108 5,580 150,000 SH Sole 150,000 UNITED STATES STEEL CORP COM 912909108 558 15,000 SH Sole 15,000 UNITED STATES STEEL CORP COM 912909108 298 8,000 SH Sole 8,000 UNITED STATES STL CORP COM 912909108 112 3,000 SH CALL Sole 3,000 UNITED THERAPEUTICS CORP DEL COM 91307C102 94 1,500 SH Sole 1,500 UNITED THERAPEUTICS CORP DEL COM 91307C102 500 8,000 SH Sole 8,000 UNITEDHEALTH GROUP INC COM 91324P102 372 14,000 SH Sole 14,000 US BANCORP COM 902973304 300 12,000 SH Sole 12,000 US BANCORP COM 902973304 175 7,000 SH Sole 7,000 VALERO ENERGY CORP COM 91913Y100 4,112 190,000 SH Sole 190,000 VANTAGE DRILL WTS EXP 5/24/11 WTS EXP 5/24/11 G93205121 2,708 2,461,400 SH Sole 2,461,400 VANTAGE DRILLING COMPANY COM G93205113 2,941 2,674,000 SH Sole 2,674,000 VARIAN MEDICAL SYSTEMS INC COM 92220P105 701 20,000 SH Sole 20,000 VIMPEL COMMUNICATIONS SPON ADR SPON ADR 68370R109 14,880 2,078,157 SH Sole 2,078,157 VIMPEL COMMUNICATIONS SPON ADR SPON ADR 68370R109 45 6,333 SH Sole 6,333 VMWARE INC-CLASS A CL A COM 928563402 474 20,000 SH Sole 20,000 VORNADO RLTY TRUST REIT SH BEN INT 929042109 543 9,000 SH Sole 9,000 VORNADO RLTY TRUST REIT SH BEN INT 929042109 483 8,000 SH Sole 8,000 WEATHERFORD INTERNATIONAL LTD COM G95089101 135 12,500 SH Sole 12,500 WEATHERFORD INTERNATIONAL LTD COM G95089101 281 26,000 SH Sole 26,000 WELLS FARGO & COMPANY COM 949746101 236 8,000 SH Sole 8,000 WELLS FARGO & COMPANY COM 949746101 265 9,000 SH Sole 9,000 WESTERN GOLDFIELDS INC /CAD/ COM 95828P203 1,699 1,055,000 SH Sole 1,055,000 XTO ENERGY INC COM 98385X106 11,463 325,000 SH Sole 325,000 YAMANA GOLD /CAD/ /REST/ COM 98462Y100 1,319 169,785 SH Sole 169,785 YAMANA GOLD /CAD/ /REST/ COM 98462Y100 2,767 356,293 SH Sole 356,293 YAMANA GOLD INC COM 98462Y100 255 33,000 SH CALL Sole 33,000 YAMANA GOLD INC /CAD/ COM 98462Y100 5,741 607,525 SH WTS Sole 607525 YAMANA GOLD INC /CAD/ COM 98462Y100 3,657 386,965 SH WTS Sole 386965 YAMANA GOLD INC /CAD/ COM 98462Y100 19,408 2,053,769 SH WTS Sole 2053769 YAMANA GOLD INC /CAD/ COM 98462Y100 14 1,526 SH WTS Sole 1,526 YAHOO INC COM 984332106 244 20,000 SH CALL Sole 20,000 GRAND TOTAL: 1,253,296 117,429,966
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