Instuitional Investor - Merk Investments Llc

Filing Period:
No. Security Ticker Shares Value % Port
1.
Orla Mining Ltd.
6,200,000 $34,348,000 35.26%
2. AGI 1,000,000 $18,440,000 18.93%
3. AEM 165,000 $12,904,650 13.24%
4. MTA 3,000,000 $7,530,000 7.73%
5. GFI 500,000 $6,600,000 6.77%