-----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, Ja+Em+eIIWAyfY8/YQYv+RXIgfnhbSZfMNdN9JKf5IRkt0PUjbCF0XQysFaRCwX4 7X22EgLrwaCnOkPSieLgOg== 0000950134-08-015204.txt : 20080814 0000950134-08-015204.hdr.sgml : 20080814 20080814121857 ACCESSION NUMBER: 0000950134-08-015204 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20080630 FILED AS OF DATE: 20080814 DATE AS OF CHANGE: 20080814 EFFECTIVENESS DATE: 20080814 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: 081016721 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 d59646e13fvhr.txt FORM 13F - HOLDINGS REPORT UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: June 30, 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 August 14, 2008 - --------------------- -------------------------------------- ----------------- [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 1 Form 13F Information Table Entry Total 410 Form 13F Information Table Total Value (x1000) 3,004,171 List of Other Included Managers 1 Charlemagne Capital (IOM) Limited Regent House 16-18 Ridgeway Street Douglas, Isle of Man IM1 1EN United Kingdom FORM 13F INFORMATION TABLE
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 - -------------------------------- ---------- --------- --------- -------------------- ---------- -------- ------------------------ SHARES OR VOTING AUTHORITY TITLE OF VALUE PRINCIPAL SH/ PUT/ INVESTMENT OTHER ------------------------ NAME OF ISSUER CLASS CUSIP (X$1000) AMOUNT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE - -------------------------------- ---------- --------- --------- ----------- --- ---- ---------- -------- ---- --------- --------- ABB LTD SPON ADR SPON ADR 000375204 283 10,000 SH Sole 10,000 ABRAXAS PETROLEUM CORP COM 003830106 10,009 1,850,000 SH Sole 1,850,000 ABRAXAS PETROLEUM CORP COM 003830106 216 40,000 SH Sole 40,000 ACTIVISION INC COM 004930202 341 10,000 SH Sole 10,000 ACTIVISION INC COM 004930202 1,363 40,000 SH Sole 40,000 AECOM TECHNOLOGY CORP COM 00766T100 488 15,000 SH Sole 15,000 AECOM TECHNOLOGY CORP COM 00766T100 520 16,000 SH Sole 16,000 AGNICO EAGLE MINES LTD COM 008474108 4,700 63,200 SH Sole 63,200 AGNICO EAGLE MINES LTD COM 008474108 7,459 100,300 SH Sole 100,300 AGNICO EAGLE MINES LTD COM 008474108 892 12,000 SH PUT Sole 12,000 AGNICO EAGLE MINES LTD COM 008474108 2,082 28,000 SH PUT Sole 28,000 ALCOA INC COM 013817101 17,810 500,000 SH CALL Sole 500,000 ALCOA INC COM 013817101 356 10,000 SH CALL Sole 10,000 ALCOA INC COM 013817101 712 20,000 SH CALL Sole 20,000 ALCON INC COM H01301102 570 3,500 SH Sole 3,500 AMERICA MOVIL SAB DE CV SERIES L SPON ADR 02364W105 264 5,000 SH Sole 5,000 AMERICA MOVIL SAB DE CV SERIES L SPON ADR 02364W105 580 11,000 SH Defined 1 11,000 ANGLOGOLD ASHANTI LTD SPON ADR SPON ADR 035128206 685 20,000 SH CALL Sole 20,000 ANOORAQ RESOURCES CORP /CAD/ COM 03633E108 1,048 375,000 SH Sole 375,000 ANOORAQ RESOURCES CORP /CAD/ COM 03633E108 7,978 2,854,400 SH Sole 2,854,400 APACHE CORP COM 037411105 250 1,800 SH Sole 1,800 APACHE CORP COM 037411105 278 2,000 SH Sole 2,000 APACHE CORP COM 037411105 29,190 210,000 SH Sole 210,000 APACHE CORP COM 037411105 65,817 473,500 SH CALL Sole 473,500 APPLE INC COM 037833100 670 4,000 SH Sole 4,000 APPROACH RESOURCES INC COM 03834A103 13,931 520,000 SH Sole 520,000 ATWOOD OCEANICS COM 050095108 1,181 9,500 SH Sole 9,500 ATWOOD OCEANICS COM 050095108 22,381 180,000 SH Sole 180,000 AURIZON MINES LTD /CAD/ COM 05155P106 1,897 393,100 SH Sole 393,100 B J SERVICE CO COM 055482103 20,122 630,000 SH Sole 630,000 BAKER HUGHES INC COM 057224107 332 3,800 SH Sole 3,800 BAKER HUGHES INC COM 057224107 19,652 225,000 SH Sole 225,000 BANCOLOMBIA SA SPON ADR SPON ADR 05968L102 392 12,500 SH Sole 12,500 BARRICK GOLD CORP COM COM 067901108 250 5,500 SH Sole 5,500 BARRICK GOLD CORP COM COM 067901108 1,248 27,429 SH Sole 27,429 BARRICK GOLD CORP COM COM 067901108 4,303 94,574 SH Sole 94,574 BARRICK GOLD CORP COM COM 067901108 91 2,000 SH PUT Sole 2,000 BARRICK GOLD CORP COM COM 067901108 364 8,000 SH PUT Sole 8,000 BHP BILLITON LIMITED ADR SPON ADR 088606108 937 11,000 SH Sole 11,000 BHP BILLITON LIMITED ADR SPON ADR 088606108 1,278 15,000 SH Sole 15,000 BHP BILLITON LIMITED ADR SPON ADR 088606108 8,519 100,000 SH CALL Sole 100,000 BHP BILLITON LIMITED ADR SPON ADR 088606108 426 5,000 SH CALL Sole 5,000 BPZ RESOURCES INC COM 055639108 23,961 815,000 SH Sole 815,000 BUCKLE INC COM 118440106 412 9,000 SH Sole 9,000 BURLINGTON NORTHN SANTA FE COM 12189T104 599 6,000 SH Sole 6,000 BURLINGTON NORTHN SANTA FE COM 12189T104 999 10,000 SH Sole 10,000 CAMERON INTERNATIONAL CORP COM 13342B105 24,077 435,000 SH Sole 435,000 CAMERON INTERNATIONAL CORP COM 13342B105 1,107 20,000 SH Sole 20,000 CANO PETE INC COM 137801106 20,406 2,570,000 SH Sole 2,570,000 CANO PETE INC COM 137801106 397 50,000 SH Sole 50,000 CENTRAL EUROPEAN DISTR CORP COM 153435102 26,774 361,082 SH Defined 1 361,082 CENTRAL EUROPEAN DISTR CORP COM 153435102 439 5,924 SH Defined 1 5,924 CENTRAL SUN MNG INC COM 155432107 2,589 1,320,098 SH Sole 1,320,098
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 - -------------------------------- ---------- --------- --------- -------------------- ---------- -------- ------------------------ SHARES OR VOTING AUTHORITY TITLE OF VALUE PRINCIPAL SH/ PUT/ INVESTMENT OTHER ------------------------ NAME OF ISSUER CLASS CUSIP (X$1000) AMOUNT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE - -------------------------------- ---------- --------- --------- ----------- --- ---- ---------- -------- ---- --------- --------- CENTURY ALUM CO COM 156431108 9,641 145,000 SH Sole 145,000 CF INDUSTRIES HOLDINGS INC COM 125269100 17,572 115,000 SH Sole 115,000 CHESAPEAKE CORP COM 165159104 13,192 200,000 SH CALL Sole 200,000 CHINA MOBILE LTD SPON ADR SPON ADR 16941M109 167 2,500 SH Sole 2,500 CHINA MOBILE LTD SPON ADR SPON ADR 16941M109 268 4,000 SH Sole 4,000 CHUNGHWA TELECOM CO LTD ADR SPON ADR 17133Q304 1,269 50,000 SH Sole 50,000 CIBT EDUCATION GROUP INC /CAD/ COM 17163Y102 1,517 836,032 SH Sole 836,032 CLEVELAND CLIFFS INC COM 185896107 715 6,000 SH Sole 6,000 COACH INC COM 189754104 318 11,000 SH Sole 11,000 COACH INC COM 189754104 1,011 35,000 SH Sole 35,000 COEUR D ALENE MINES CORP COM 192108108 1,220 420,850 SH Sole 420,850 COLFAX CORP COM 194014106 188 7,500 SH Sole 7,500 COMMERCIAL METALS CO COM 201723103 189 5,000 SH Sole 5,000 COMPANHIA DE BEBIDAS SPONS ADR SPON ADR 20441W203 317 5,000 SH Sole 5,000 COMPANHIA ENERGETICA SPON ADR SPON ADR 204409601 397 16,161 SH Sole 16,161 COMPANHIA SIDERURGICA NAC ADR SPON ADR 20440W105 533 12,000 SH Sole 12,000 COMPANHIA SIDERURGICA NAC ADR SPON ADR 20440W105 1,199 27,000 SH Sole 27,000 COMPASS MINERALS INTL INC COM 20451N101 725 9,000 SH Sole 9,000 CONSOL ENERGY INC COM 20854P109 20,508 182,500 SH CALL Sole 182,500 CONTANGO OIL & GAS COMPANY COM 21075N204 465 5,000 SH Sole 5,000 CORE LABORATORIES N V COM N22717107 22,420 157,500 SH Sole 157,500 CORE LABORATORIES N V COM N22717107 427 3,000 SH Sole 3,000 CORE LABORATORIES N V COM N22717107 1,068 7,500 SH Sole 7,500 CORNING INC COM 219350105 346 15,000 SH Sole 15,000 CORNING INC COM 219350105 406 17,600 SH Sole 17,600 CORNING INC COM 219350105 576 25,000 SH Sole 25,000 CORRIENTE RESOURCES INC /CAD/ COM 22027E409 2,561 577,800 SH Sole 577,800 COSTCO WHOLESALE CORP COM 22160K105 351 5,000 SH Sole 5,000 CPFL ENERGIA SA SP ADR/USD/ SPON ADR 126153105 410 6,000 SH Sole 6,000 CREDICORP LTD COM G2519Y108 616 7,500 SH Sole 7,500 CRYSTALLEX INTL CORP COM 22942F101 51 45,815 SH Sole 45,815 CRYSTALLEX INTL CORP COM 22942F101 858 766,185 SH Sole 766,185 CRYSTALLEX INTL CORP COM 22942F101 209 191,750 SH Sole 191,750 CRYSTALLEX INTL CORP COM 22942F101 985 905,250 SH Sole 905,250 CRYSTALLEX INTL CORP COM 22942F101 90 80,400 SH CALL Sole 80,400 CRYSTALLEX INTL CORP COM 22942F101 27 25,000 SH Sole 25,000 CRYSTALLEX INTL CORP COM 22942F101 82 75,000 SH WTS Sole 75,000 CRYSTALLEX INTL CORP COM 22942F101 163 150,000 SH Sole 150,000 CSX CORP COM 126408103 471 7,500 SH Sole 7,500 CSX CORP COM 126408103 1,005 16,000 SH Sole 16,000 DANAHER CORP COM 235851102 402 5,200 SH Sole 5,200 DEERE AND CO COM 244199105 404 5,600 SH Sole 5,600 DELTA AIR LINES INC COM 247361702 71 12,500 SH Sole 12,500 DENBURY RESOURCES INC COM 247916208 21,353 585,000 SH Sole 585,000 DENBURY RESOURCES INC COM 247916208 336 9,200 SH Sole 9,200 DENBURY RESOURCES INC COM 247916208 7,756 212,500 SH CALL Sole 212,500 DENISON MINES WTS WA CW11 COM 248356123 308 34,560 SH WTS Sole 34,560 DESARROLLADORA HOMEX SAB ADR SPON ADR 25030W100 703 12,000 SH Sole 12,000 DESARROLLADORA HOMEX SAB ADR SPON ADR 25030W100 410 7,000 SH Sole 7,000 DEVON ENERGY CORP COM 25179M103 28,838 240,000 SH Sole 240,000 DEVON ENERGY CORP COM 25179M103 55,874 465,000 SH CALL Sole 465,000 DIAMOND OFFSHORE DRILLING INC COM 25271C102 22,262 160,000 SH Sole 160,000 DIAMOND OFFSHORE DRILLING INC COM 25271C102 557 4,000 SH Sole 4,000 DIAMOND OFFSHORE DRILLING INC COM 25271C102 696 5,000 SH Sole 5,000 DRDGOLD LTD SPONSORED ADR SPON ADR 26152H301 77 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 TITLE OF VALUE PRINCIPAL SH/ PUT/ INVESTMENT OTHER ------------------------ NAME OF ISSUER CLASS CUSIP (X$1000) AMOUNT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE - -------------------------------- ---------- --------- --------- ----------- --- ---- ---------- -------- ---- --------- --------- DRDGOLD LTD SPONSORED ADR SPON ADR 26152H301 19 2,500 SH Sole 2,500 ELDORADO GOLD CORP COM 284902103 1,289 149,000 SH Sole 149,000 ENERGY CONVERSION DEVICES COM 292659109 405 5,500 SH Sole 5,500 ENERGY XXI BERMUDA COM G10082108 2,226 321,649 SH Sole 321,649 ENTREE GOLD INC /CAD/ COM 29383G100 1,971 1,020,000 SH Sole 1,020,000 ENTREE GOLD INC COM 29383G100 193 100,000 SH Sole 100,000 ENTREE GOLD INC COM 29383G100 193 100,000 SH Sole 100,000 EOG RESOURCES COM 26875P101 26,568 202,500 SH CALL Sole 202,500 EXELON CORPORATION COM 30161N101 270 3,000 SH Sole 3,000 EXELON CORPORATION COM 30161N101 1,259 14,000 SH Sole 14,000 EXELON CORPORATION COM 30161N101 540 6,000 SH Sole 6,000 EXETER RES CORP COM 301835104 111 25,000 SH Sole 25,000 F M C CORP COM 302491303 11,616 150,000 SH Sole 150,000 FIRST FINL BANKSHARES INC COM 32020R109 458 10,000 SH Sole 10,000 FIRST SOLAR INC COM 336433107 409 1,500 SH Sole 1,500 FIRST SOLAR INC COM 336433107 1,364 5,000 SH Sole 5,000 FIRST SOLAR INC COM 336433107 818 3,000 SH Sole 3,000 FIRSTENERGY CORP COM 337932107 741 9,000 SH Sole 9,000 FLOTEK INDUSTRIES INC COM 343389102 14,846 720,000 SH Sole 720,000 FLOWSERVE CORPORATION COM 34354P105 1,640 12,000 SH Sole 12,000 FLOWSERVE CORPORATION COM 34354P105 1,025 7,500 SH Sole 7,500 FLUOR CORP COM 343412102 9,304 50,000 SH Sole 50,000 FLUOR CORP COM 343412102 372 2,000 SH Sole 2,000 FLUOR CORP COM 343412102 9,490 51,000 SH CALL Sole 51,000 FLUOR CORPORATION COM 343412102 186 2,000 SH CALL Sole 2,000 FMC TECHNOLOGIES INC COM 30249U101 20,002 260,000 SH Sole 260,000 FMC TECHNOLOGIES INC COM 30249U101 346 4,500 SH Sole 4,500 FMC TECHNOLOGIES INC COM 30249U101 654 8,500 SH Sole 8,500 FORDING CAN COAL TRUST /CAD/ COM 345425102 31,555 330,000 SH Sole 330,000 FORDING CANADIAN COAL TRUST COM 345425102 478 5,000 SH Sole 5,000 FORDING CANADIAN COAL TRUST COM 345425102 430 4,500 SH Sole 4,500 FORDING CANADIAN COAL TRUST TR UNIT 345425102 416 4,350 SH Sole 4,350 FOSTER WHEELER LTD COM G36535139 14,996 205,000 SH Sole 205,000 FOSTER WHEELER LTD COM G36535139 805 11,000 SH Sole 11,000 FREEPORT-MCMORAN C & G COMMON COM 35671D857 37,501 320,000 SH Sole 320,000 FREEPORT-MCMORAN C & G COMMON COM 35671D857 4,043 34,500 SH Sole 34,500 FREEPORT-MCMORAN C & G COMMON COM 35671D857 6,586 56,200 SH Sole 56,200 FREEPORT-MCMORAN C & G COMMON COM 35671D857 1,172 10,000 SH Sole 10,000 FREEPORT-MCMORAN C & G COMMON COM 35671D857 234 2,000 SH Sole 2,000 FREEPORT-MCMORAN C & G COMMON COM 35671D857 703 6,000 SH Sole 6,000 FREEPORT-MCMORAN C & G COMMON COM 35671D857 879 7,500 SH Sole 7,500 FREEPORT-MCMORAN C & G COMMON COM 35671D858 23,731 202,500 SH CALL Sole 202,500 FREEPORT-MCMORAN COPPER & GO COM 35671D857 1,465 12,500 SH CALL Sole 12,500 GAFISA SA /ADR/ SPON ADR 362607301 172 5,000 SH Sole 5,000 GAMESTOP CORP CLASS A CL A 36467W109 364 9,000 SH Sole 9,000 GAMESTOP CORP CLASS A CL A 36467W109 1,454 36,000 SH Sole 36,000 GENERAL CABLE CORP COM 369300108 639 10,500 SH Sole 10,500 GENERAL CABLE CORP COM 369300108 669 11,000 SH Sole 11,000 GENERAL ELECTRIC CO COM 369604103 448 16,800 SH Sole 16,800 GILEAD SCIENCES INC COM 375558103 477 9,000 SH Sole 9,000 GOLD FIELDS LTD SPON ADR SPON ADR 38059T106 6,598 521,620 SH Sole 521,620 GOLD FIELDS LTD SPON ADR SPON ADR 38059T106 17,267 1,364,980 SH Sole 1,364,980 GOLD FIELDS LTD SPON ADR SPON ADR 38059T106 67 5,300 SH PUT Sole 5,300 GOLD FIELDS LTD SPON ADR SPON ADR 38059T106 312 24,700 SH PUT Sole 24,700 GOLDCORP INC COM 380956409 2,101 45,500 SH Sole 45,500
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 - -------------------------------- ---------- --------- --------- -------------------- ---------- -------- ------------------------ SHARES OR VOTING AUTHORITY TITLE OF VALUE PRINCIPAL SH/ PUT/ INVESTMENT OTHER ------------------------ NAME OF ISSUER CLASS CUSIP (X$1000) AMOUNT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE - -------------------------------- ---------- --------- --------- ----------- --- ---- ---------- -------- ---- --------- --------- GOLDCORP INC COM 380956409 4,548 98,500 SH Sole 98,500 GOLDCORP INC /CAD/ COM 380956409 236 5,101 SH Sole 5,101 GOLDCORP INC /CAD/ COM 380956409 555 12,023 SH Sole 12,023 GOLDCORP INC COM 380956409 300 6,500 SH PUT Sole 6,500 GOLDCORP INC COM 380956409 785 17,000 SH PUT Sole 17,000 GOLDCORP INC CW11 WTS 380956177 46 1,000 SH Sole 1,000 GOLDCORP INC CW11 WTS 380956177 1,147 24,846 SH Sole 24,846 GOLDCORP INC CW11 WTS 380956177 14 302 SH WTS Sole 302 GOLDCORP INC CW11 /CAD/ WTS 380956177 67,536 1,462,766 SH Sole 1,462,766 GOLDCORP INC CW11 /CAD/ WTS 380956177 48,981 1,060,874 SH Sole 1,060,874 GOLDCORP INC CW11 /CAD/ WTS 380956177 193,408 4,189,051 SH Sole 4,189,051 GOLDCORP INC CW11 /CAD/ WTS 380956177 500 10,836 SH WTS Sole 10,836 GOLDCORP INC CW11 /CAD/ WTS 380956177 8,857 191,824 SH WTS Sole 191,824 GOLDEN STAR RES LTD COM 38119T104 1,297 482,100 SH Sole 482,100 GOLDEN STAR RES LTD COM 38119T104 4,379 1,627,900 SH Sole 1,627,900 GRAN TIERRA ENERGY INC COM 38500T101 29,016 3,640,600 SH Sole 3,640,600 GREAT BASIN GOLD LTD /CAD/ COM 390124105 9,010 2,647,700 SH Sole 2,647,700 GRUPO AEROPORTUARIO SPON ADR SPON ADR 40051E202 515 10,000 SH Sole 10,000 GUARANTY FINANCIAL GROUP W/I COM 40108N106 322 60,000 SH Sole 60,000 GUESS INC COM 401617105 562 15,000 SH Sole 15,000 HALLIBURTON CO COM 406216101 21,228 400,000 SH Sole 400,000 HALLIBURTON CO COM 406216101 159 3,000 SH Sole 3,000 HARRY WINSTON DIAMON CORP /CAD/ COM 41587B100 629 22,000 SH Sole 22,000 HARRY WINSTON DIAMON CORP /CAD/ COM 41587B100 2,489 87,000 SH Sole 87,000 HECLA MINING COM 422704106 389 42,000 SH CALL Sole 42,000 HECLA MINING COM 422704106 1,482 160,000 SH CALL Sole 160,000 HELMERICH & PAYNE INC COM 423452101 936 13,000 SH Sole 13,000 HELMERICH & PAYNE INC COM 423452101 14,224 197,500 SH CALL Sole 197,500 HESS CORP COM 42809H107 22,714 180,000 SH Sole 180,000 HESS CORP COM 42809H107 315 2,500 SH Sole 2,500 HESS CORP COM 42809H107 719 5,700 SH Sole 5,700 HESS CORP COM 42809H107 757 6,000 SH Sole 6,000 HESS CORP COM 42809H108 18,298 145,000 SH CALL Sole 145,000 HESS CORP COM 42809H109 12,934 102,500 SH CALL Sole 102,500 HESS CORP COM 42809H107 315 2,500 SH CALL Sole 2,500 HILL INTERNATIONAL INC COM 431466101 822 50,000 SH Sole 50,000 HORNBECK OFFSHORE SERVICES INC COM 440543106 24,582 435,000 SH Sole 435,000 IAMGOLD CORPORATION /CAD/ COM 450913108 2,034 340,000 SH Sole 340,000 IAMGOLD CORPORATION /CAD/ COM 450913108 3,697 617,900 SH Sole 617,900 IAMGOLD CORPORATION /CAD/ COM 450913108 406 67,100 SH CALL Sole 67,100 IAMGOLD CORPORATION /CAD/ COM 450913108 753 124,500 SH CALL Sole 124,500 ILLUMINA INC COM 452327109 697 8,000 SH Sole 8,000 ILLUMINA INC COM 452327109 784 9,000 SH Sole 9,000 INTEL CORP COM 458140100 172 8,000 SH Sole 8,000 INTERCONTINENTALEXCHANGE INC COM 45865V100 798 7,000 SH Sole 7,000 INTERNATIONAL COAL GROUP INC COM 45928H106 261 20,000 SH Sole 20,000 INTERNATIONAL ROYALTY CORP/CAD COM 460277106 3,444 645,550 SH Sole 645,550 INTERNATIONAL ROYALTY CORP COM 460277106 43 8,000 SH Sole 8,000 INTREPID POTASH INC COM 46121Y102 296 4,500 SH Sole 4,500 INTREPID POTASH INC COM 46121Y102 756 11,500 SH Sole 11,500 INTUITIVE SURGICAL INC COM 46120E602 404 1,500 SH Sole 1,500 ISHARES MSCI TAIWAN IND FD I SHARES 464286731 339 23,971 SH Defined 1 23,971 ISHARES SILVER TRUST I SHARES 46428Q109 10,849 62,883 SH Sole 62,883 ISHARES SILVER TRUST I SHARES 46428Q109 16,498 95,623 SH Sole 95,623 ISHARES SILVER TRUST I SHARES 46428Q109 1,648 9,550 SH Sole 9,550 ITT CORP COM 450911102 348 5,500 SH Sole 5,500
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 - -------------------------------- ---------- --------- --------- -------------------- ---------- -------- ------------------------ SHARES OR VOTING AUTHORITY TITLE OF VALUE PRINCIPAL SH/ PUT/ INVESTMENT OTHER ------------------------ NAME OF ISSUER CLASS CUSIP (X$1000) AMOUNT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE - -------------------------------- ---------- --------- --------- ----------- --- ---- ---------- -------- ---- --------- --------- IVANHOE ENERGY INC /CAD/ COM 465790103 2,842 814,000 SH Sole 814,000 IVANHOE ENERGY LTD COM 465790103 534 150,000 SH Sole 150,000 IVANHOE ENERGY LTD COM 465790103 21 6,000 SH WTS Sole 6,000 IVANHOE MINES LTD /CAD/ COM 46579N103 1,378 127,200 SH Sole 127,200 IVANHOE MINES LTD /CAD/ COM 46579N103 7,730 713,300 SH Sole 713,300 JAGUAR MINING INC /CAD/ COM 47009M103 5,921 612,980 SH Sole 612,980 JAGUAR MINING INC /CAD/ COM 47009M103 24,541 2,540,420 SH Sole 2,540,420 JAKKS PACIFIC INC COM 47012E106 131 6,000 SH Sole 6,000 JETBLUE AIRWAYS CORP COM 477143101 93 25,000 SH Sole 25,000 KINROSS GOLD CORP COM 496902404 99 4,200 SH Sole 4,200 KINROSS GOLD CORP COM 496902404 451 19,100 SH Sole 19,100 KINROSS GOLD CORP /CAD/ COM 496902404 6,557 277,429 SH Sole 277,429 KINROSS GOLD CORP /CAD/ COM 496902404 7,414 313,696 SH Sole 313,696 KINROSS GOLD CORP COM 496902404 484 20,500 SH PUT Sole 20,500 KINROSS GOLD CORP COM 496902404 578 24,500 SH PUT Sole 24,500 KOOKMIN BANK SP ADR SPON ADR 50049M109 660 11,281 SH Defined 1 11,281 LIHIR GOLD LTD SPON ADR SPON ADR 532349107 311 9,800 SH Sole 9,800 LIHIR GOLD LTD SPON ADR SPON ADR 532349107 1,906 60,000 SH Sole 60,000 LUNDIN MINING CORP /CAD/ COM 550372106 188 30,860 SH Sole 30,860 LUNDIN MINING CORP /CAD/ COM 550372106 6,292 1,031,500 SH Sole 1,031,500 LUNDIN MINING CORP /REST/ COM 550372106 94 15,430 SH Sole 15,430 LUNDIN MINING CORP COM 550372106 76 12,500 SH Sole 12,500 MAG SILVER CORPORATION /CAD/ COM 55903Q104 1,862 189,700 SH Sole 189,700 MAG SILVER CORPORATION /CAD/ COM 55903Q104 2,575 262,300 SH Sole 262,300 MANITOWOC CO INC COM 563571108 488 15,000 SH Sole 15,000 MANITOWOC CO INC COM 563571108 651 20,000 SH Sole 20,000 MARKET VECTORS GOLD MINERS ETF GOLD MINER ETF 57060U100 1,279 26,316 SH Sole 26,316 MARKET VECTORS GOLD MINERS ETF GOLD MINER ETF 57060U100 671 13,808 SH Sole 13,808 MARKET VECTORS GOLD MINERS ETF GOLD MINER ETF 57060U100 42,249 869,500 SH PUT Sole 869,500 MARTIN MARIETTA MATERIALS INC COM 573284106 155 1,500 SH Sole 1,500 MASTERCARD INC COM 57636Q104 664 2,500 SH Sole 2,500 MASTERCARD INC COM 57636Q104 531 2,000 SH Sole 2,000 MASSEY ENERGY CO COM 576206106 8,438 90,000 SH CALL Sole 90,000 MC DONALDS CORP COM 580135101 225 4,000 SH Sole 4,000 MCDERMOTT INTL INC COM 580037109 48,119 777,500 SH Sole 777,500 MCDERMOTT INTL INC COM 580037109 1,547 25,000 SH Sole 25,000 MCMORAN EXPLORATION CO COM 582411104 138 5,000 SH Sole 5,000 MECHEL STEEL GROUP OAO COM 583840103 11,890 240,000 SH Sole 240,000 MECHEL STEEL GROUP OAO COM 583840103 446 9,000 SH Sole 9,000 MECHEL STEEL GROUP OAO COM 583840103 297 6,000 SH Sole 6,000 MECHEL STEEL GROUP OAO COM 583840103 7,160 144,528 SH Defined 1 144,528 MECHEL STEEL GROUP OAO COM 583840103 1,536 31,000 SH Sole 31,000 MECHEL STEEL GROUP OAO COM 583840103 1,115 22,500 SH Sole 22,500 MILLICOM INTERNATIONAL CELLULA COM L6388F110 259 2,500 SH Sole 2,500 MILLICOM INTERNATIONAL CELLULA COM L6388F110 776 7,500 SH Sole 7,500 MINES MANAGEMENT INC COM 603432105 2,354 846,930 SH Sole 846,930 MINES MANAGEMENT INC COM 603432105 42 15,000 SH Sole 15,000 MOBILE TELESYSTEMS SPON ADR SPON ADR 607409109 32,529 424,602 SH Defined 1 424,602 MOBILE TELESYSTEMS SPON ADR SPON ADR 607409109 268 3,500 SH Sole 3,500 MONSANTO CO COM 61166W101 22,759 180,000 SH Sole 180,000 MONSANTO CO COM 61166W101 253 2,000 SH Sole 2,000 MONSANTO CO COM 61166W101 632 5,000 SH Sole 5,000 MOSAIC COMPANY COM 61945A107 23,152 160,000 SH Sole 160,000 MOSAIC COMPANY COM 61945A107 868 6,000 SH Sole 6,000 MOSAIC COMPANY COM 61945A107 2,532 17,500 SH Sole 17,500
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 - -------------------------------- ---------- --------- --------- -------------------- ---------- -------- ------------------------ SHARES OR VOTING AUTHORITY TITLE OF VALUE PRINCIPAL SH/ PUT/ INVESTMENT OTHER ------------------------ NAME OF ISSUER CLASS CUSIP (X$1000) AMOUNT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE - -------------------------------- ---------- --------- --------- ----------- --- ---- ---------- -------- ---- --------- --------- MOSAIC COMPANY COM 61945A107 15,194 105,000 SH CALL Sole 105,000 NABORS INDUSTRIES LTD COM G6359F103 9,846 200,000 SH Sole 200,000 NABORS INDUSTRIES LTD COM G6359F103 689 14,000 SH Sole 14,000 NABORS INDUSTRIES LTD COM G6359F104 14,769 300,000 SH CALL Sole 300,000 NABORS INDUSTRIES LTD COM G6359F103 492 10,000 SH CALL Sole 10,000 NATIONAL OILWELL VARCO INC COM 637071101 1,331 15,000 SH Sole 15,000 NATIONAL OILWELL VARCO INC COM 637071101 444 5,000 SH Sole 5,000 NATIONAL OILWELL VARCO INC COM 637071101 19,962 225,000 SH CALL Sole 225,000 NATIONAL OILWELL VARCO INC COM 637071101 444 5,000 SH CALL Sole 5,000 NEVSUN RES LTD /CAD/ COM 64156L101 215 103,000 SH Sole 103,000 NEW GOLD INC COM 644535106 38 5,000 SH Sole 5,000 NEW GOLD INC /CAD/ COM 644535106 14,487 1,853,421 SH Sole 1,853,421 NEW GOLD INC /CAD/ COM 644535106 2,078 265,914 SH Sole 265,914 NEW GOLD INC /CAD/ COM 644535106 14,319 1,831,966 SH Sole 1,831,966 NEWMONT MINING CORP /USD/ COM 651639106 1,518 29,100 SH Sole 29,100 NEWMONT MINING CORP /USD/ COM 651639106 5,487 105,200 SH Sole 105,200 NEWMONT MINING CORP /USD/ COM 651639106 235 4,500 SH PUT Sole 4,500 NEWMONT MINING CORP /USD/ COM 651639106 808 15,500 SH PUT Sole 15,500 NOBLE CORP COM G65422100 130 2,000 SH Sole 2,000 NOBLE CORP COM G65422100 909 14,000 SH Sole 14,000 NOBLE CORP COM G65422100 16,078 247,500 SH CALL Sole 247,500 NOBLE ENERGY INC COM 655044105 26,146 260,000 SH Sole 260,000 NOBLE ENERGY INC COM 655044105 352 3,500 SH Sole 3,500 NOBLE ENERGY INC COM 655044105 704 7,000 SH Sole 7,000 NORTHERN DYNASTY MINERALS/CAD/ COM 66510M204 10,098 1,255,600 SH Sole 1,255,600 NORTHERN DYNASTY MINERALS/CAD/ COM 66510M204 7,060 877,950 SH Sole 877,950 NORTHROP GRUMMAN CORP COM 666807102 261 3,900 SH Sole 3,900 NOVO-NORDISK A S ADR SPON ADR 670100205 264 4,000 SH Sole 4,000 OCCIDENTAL PETROLEUM COM 674599105 60,656 675,000 SH Sole 675,000 OCCIDENTAL PETROLEUM COM 674599105 21,297 237,000 SH CALL Sole 237,000 OIL SERVICE DEPOSTRY RCPT 678002106 22,201 100,000 SH CALL Sole 100,000 ORACLE CORP COM 68389X105 525 25,000 SH Sole 25,000 PACIFIC RIM MINING CORP COM 694915208 4,117 5,082,600 SH Sole 5,082,600 PARAMOUNT GOLD AND SILVER /CAD COM 69924P102 496 287,500 SH Sole 287,500 PARAMOUNT GOLD AND SILVER CORP COM 69924P102 850 500,000 SH Sole 500,000 PATRIOT COAL CORP COM 70336T104 15,329 100,000 SH Sole 100,000 PENN VIRGINIA CORP COM 707882106 17,347 230,000 SH Sole 230,000 PERMIAN BASIN RTY TR UNIT BEN INT 714236106 396 15,000 SH Sole 15,000 PETROCHINA CO LTD ADR SPON ADR 71646E100 1,289 10,000 SH Sole 10,000 PETROCHINA CO LTD ADR SPON ADR 71646E100 567 4,400 SH Defined 1 4,400 PETROHAWK ENERGY CORP COM 716495106 23,155 500,000 SH Sole 500,000 PETROHAWK ENERGY CORP COM 716495106 4,631 100,000 SH CALL Sole 100,000 PETROHAWK ENERGY CORP COM 716495106 463 10,000 SH CALL Sole 10,000 PETROLEO BRASILEIRO SA ADR SPON ADR 71654V408 10,625 150,000 SH Sole 150,000 PETROLEO BRASILEIRO SPON ADR SPON ADR 71654V101 62,122 1,072,000 SH Sole 1,072,000 PETROLEO BRASILEIRO SPON ADR SPON ADR 71654V101 2,323 40,088 SH Defined 1 40,088 PETROLEO BRASILEIRO SPON ADR SPON ADR 71654V101 13,444 232,000 SH CALL Sole 232,000 PHILIP MORRIS INTERNATIONAL COM 718172109 395 8,000 SH Sole 8,000 PLAINS EXPLORATION & PRODUCT COM 726505100 12,770 175,000 SH Sole 175,000 PLATINUM GROUP METALS /CAD/ COM 72765Q205 1,392 492,700 SH Sole 492,700 PLATINUM GROUP METALS /CAD/ COM 72765Q205 2,785 985,900 SH Sole 985,900 POSCO SPONSORED ADR SPON ADR 693483109 130 1,000 SH Sole 1,000 POTASH CORP SASKATCHEWAN COM 73755L107 56,000 245,000 SH Sole 245,000 POTASH CORP SASKATCHEWAN COM 73755L107 800 3,500 SH Sole 3,500 POTASH CORP SASKATCHEWAN COM 73755L107 2,400 10,500 SH Sole 10,500 POTASH CORP SASKATCHEWAN /CAD/ COM 73755L107 580 2,500 SH Sole 2,500
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 - -------------------------------- ---------- --------- --------- -------------------- ---------- -------- ------------------------ SHARES OR VOTING AUTHORITY TITLE OF VALUE PRINCIPAL SH/ PUT/ INVESTMENT OTHER ------------------------ NAME OF ISSUER CLASS CUSIP (X$1000) AMOUNT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE - -------------------------------- ---------- --------- --------- ----------- --- ---- ---------- -------- ---- --------- --------- POTASH CORP SASKATCHEWAN COM 73755L107 11,429 50,000 SH CALL Sole 50,000 PRICELINE.COM INC COM 741503403 231 2,000 SH Sole 2,000 PRICELINE.COM INC COM 741503403 693 6,000 SH Sole 6,000 QUALCOMM INC COM 747525103 355 8,000 SH Sole 8,000 QUICKSILVER RESOURCES INC COM 74837R104 16,422 425,000 SH Sole 425,000 QUICKSILVER RESOURCES INC COM 74837R104 193 5,000 SH Sole 5,000 RANGE RESOURCES CORP COM 75281A109 15,074 230,000 SH Sole 230,000 RANGOLD RESOURCES LTD ADR SPON ADR 752344309 8,437 182,700 SH Sole 182,700 RANGOLD RESOURCES LTD ADR SPON ADR 752344309 46,452 1,005,884 SH Sole 1,005,884 RANGOLD RESOURCES LTD ADR SPON ADR 752344309 231 5,000 SH CALL Sole 5,000 RANGOLD RESOURCES LTD ADR SPON ADR 752344309 924 20,000 SH CALL Sole 20,000 RANGOLD RESOURCES LTD ADR SPON ADR 752344309 5,200 112,600 SH CALL Sole 112,600 RANGOLD RESOURCES LTD ADR SPON ADR 752344309 24,032 520,400 SH CALL Sole 520,400 RANGOLD RESOURCES LTD ADR SPON ADR 752344309 716 15,500 SH PUT Sole 15,500 RANGOLD RESOURCES LTD ADR SPON ADR 752344309 3,902 84,500 SH PUT Sole 84,500 RANGOLD RESOURCES LTD ADR SPON ADR 752344309 1,385 30,000 SH PUT Sole 30,000 RANGOLD RESOURCES LTD ADR SPON ADR 752344309 7,851 170,000 SH PUT Sole 170,000 RAYTHEON COMPANY COM 755111507 332 5,900 SH Sole 5,900 RESEARCH IN MOTION COM 760975102 585 5,000 SH Sole 5,000 RESEARCH IN MOTION COM 760975102 2,046 17,500 SH Sole 17,500 REX ENERGY CORP COM 761565100 21,595 817,995 SH Sole 817,995 RIO TINTO PLC SPONSORED ADR SPON ADR 767204100 2,450 4,950 SH Sole 4,950 RIO TINTO PLC SPONSORED ADR SPON ADR 767204100 248 500 SH Sole 500 RIO TINTO PLC SPONSORED ADR SPON ADR 767204100 4,138 57,000 SH CALL Sole 57,000 ROYAL GOLD INC COM 780287108 8,389 267,500 SH Sole 267,500 ROYAL GOLD INC COM 780287108 9,693 309,100 SH Sole 309,100 ROYAL GOLD INC COM 780287108 251 8,000 SH PUT Sole 8,000 ROYAL GOLD INC COM 780287108 847 27,000 SH PUT Sole 27,000 RUBICON MINERALS /CAD//REST/ COM 780911103 206 169,600 SH Sole 169,600 RYDER SYSTEM INC COM 783549108 689 10,000 SH Sole 10,000 SALESFORCE.COM INC COM 79466L302 1,194 17,500 SH Sole 17,500 SAN JUAN BASIN RTY TR UBI UNIT BEN INT 798241105 740 16,000 SH Sole 16,000 SANDRIDGE ENERGY INC COM 80007P307 16,145 250,000 SH Sole 250,000 SCHLUMBERGER LTD COM 806857108 430 4,000 SH Sole 4,000 SCHLUMBERGER LTD COM 806857108 30,080 280,000 SH CALL Sole 280,000 SCHWAB /CHARLES/ CORP COM 808513105 822 40,000 SH Sole 40,000 SHORT MIDCAP400 PROSHARES COM 74347R800 184 3,000 SH Sole 3,000 SILVER WHEATON CORP COM 828336107 293 20,000 SH Sole 20,000 SILVER WHEATON CORP /CAD/ COM 828336107 5,884 400,000 SH Sole 400,000 SILVER WHEATON CORP /CAD/ COM 828336107 4,634 315,000 SH Sole 315,000 SILVER WHEATON CORP /CAD/ COM 828336107 8,827 600,000 SH Sole 600,000 SILVER WHEATON CORP /CAD/REST/ COM 828336107 588 40,000 SH Sole 40,000 SILVER WHEATON CORP COM 828336107 2,198 150,000 SH PUT Sole 150,000 SILVER WHEATON CORP COM 828336107 2,930 200,000 SH PUT Sole 200,000 SILVER WHEATON CORP COM 828336107 4,395 300,000 SH PUT Sole 300,000 SILVER WHEATON CORP COM 828336107 2,198 150,000 SH PUT Sole 150,000 SILVER WHEATON CORP COM 828336107 2,930 200,000 SH PUT Sole 200,000 SILVER WHEATON CORP COM 828336107 4,395 300,000 SH PUT Sole 300,000 SILVER WHEATON CORP COM 828336107 368 25,000 SH Sole 25,000 SILVER WHEATON CORP W CW09 COM 828336107 2,201 149,614 SH WTS Sole 149,614 SILVER WHEATON CORP WB CW 10 COM 828336107 74 5,000 SH WTS Sole 5,000 SINA CORPORATION COM G81477104 851 20,000 SH Sole 20,000 SOUTHERN COPPER CORP COM 84265V105 18,127 170,000 SH Sole 170,000 SOUTHERN COPPER CORP COM 84265V105 800 7,500 SH CALL Sole 7,500 SOUTHERN COPPER CORP COM 84265V105 1,599 15,000 SH CALL Sole 15,000 SOUTHWESTERN ENERGY CO COM 845467109 11,903 250,000 SH CALL Sole 250,000
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 - -------------------------------- ---------- --------- --------- -------------------- ---------- -------- ------------------------ SHARES OR VOTING AUTHORITY TITLE OF VALUE PRINCIPAL SH/ PUT/ INVESTMENT OTHER ------------------------ NAME OF ISSUER CLASS CUSIP (X$1000) AMOUNT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE - -------------------------------- ---------- --------- --------- ----------- --- ---- ---------- -------- ---- --------- --------- SPDR GOLD TRUST GOLD SHS 78463V107 6,476 70,858 SH Sole 70,858 SPDR GOLD TRUST GOLD SHS 78463V107 776 8,492 SH Sole 8,492 SPDR GOLD TRUST GOLD SHS 78463V107 138 1,500 SH Sole 1,500 SPDR GOLD TRUST GOLD SHS 78463V107 402 4,400 SH Sole 4,400 SPDR GOLD TRUST GOLD SHS 78463V107 9,140 100,000 SH CALL Sole 100,000 SPDR GOLD TRUST GOLD SHS 78463V107 457 5,000 SH CALL Sole 5,000 SPDR GOLD TRUST GOLD SHS 78463V107 914 10,000 SH CALL Sole 10,000 ST JUDE MEDICAL INC COM 790849103 511 12,500 SH Sole 12,500 STONE ENERGY CORP COM 861642106 659 10,000 SH Sole 10,000 STRAYER EDUCATION INC COM 863236105 627 3,000 SH Sole 3,000 SUNCOR ENERGY INC COM 867229106 13,019 224,000 SH Sole 224,000 SUNCOR ENERGY INC COM 867229106 18,744 322,500 SH CALL Sole 322,500 SUNTECH POWER HOLDINGS ADR SPON ADR 86800C104 365 9,733 SH Defined 1 9,733 SYBASE INC COM 871130100 353 12,000 SH Sole 12,000 TAIWAN SEMICONDUCTOR SPON ADR SPON ADR 874039100 1,309 120,000 SH Sole 120,000 TAIWAN SEMICONDUCTOR SPON ADR SPON ADR 874039100 526 48,242 SH Defined 1 48,242 TASEKO MINES LTD /CAD/ COM 876511106 3,201 624,000 SH Sole 624,000 TASEKO MINES LTD /CAD/ COM 876511106 1,841 359,000 SH Sole 359,000 TEREX CORP COM 880779103 257 5,000 SH Sole 5,000 THOMPSON CREEK METALS CO /CAD/ COM 884768102 7,326 375,000 SH Sole 375,000 TIDEWATER INC COM 886423102 13,656 210,000 SH Sole 210,000 TRANSOCEAN INC SHS G90073100 35,812 235,000 SH Sole 235,000 TRANSOCEAN INC SHS G90073100 229 1,500 SH Sole 1,500 TRANSOCEAN INC SHS G90073100 1,021 6,699 SH Sole 6,699 TRANSOCEAN INC SHS G90073100 1,676 11,000 SH Sole 11,000 TRANSOCEAN INC SHS G90073100 46,174 303,000 SH CALL Sole 303,000 TRANSOCEAN INC SHS G90073100 305 2,000 SH CALL Sole 2,000 TRUE RELIGION APPAREL INC COM 89784N104 200 7,500 SH Sole 7,500 U S GOLD CORP /CAD/ COM 912023207 3,501 1,500,000 SH Sole 1,500,000 ULTRA PETROLEUM CORP COM 903914109 23,077 235,000 SH Sole 235,000 ULTRA PETROLEUM CORP COM 903914109 10,066 102,500 SH CALL Sole 102,500 ULTRA OIL & GAS PROSHARES ULTRA O&G PRO 74347R719 61 500 SH Sole 500 PROSHARES TR ULTRASHORT O&G 74347R586 187 7,000 SH Sole 7,000 UNITED STATES OIL FUND LP PUT 91232N958 1,137 10,000 SH PUT Sole 10,000 UNITED STATES OIL FUND LP PUT 91232N958 1,137 10,000 SH PUT Sole 10,000 UNITED STATES STEEL CORP COM 912909108 370 2,000 SH Sole 2,000 UNITED STATES STEEL CORP COM 912909108 554 3,000 SH Sole 3,000 UNITED STATES STEEL CORP COM 912909108 12,011 65,000 SH CALL Sole 65,000 URBAN OUTFITTERS INC COM 917047102 530 17,000 SH Sole 17,000 URBAN OUTFITTERS INC COM 917047102 936 30,000 SH Sole 30,000 VANTAGE DRILL WTS EXP 5/24/11 WTS G93205121 20,755 2,405,000 SH Sole 2,405,000 VANTAGE DRILLING COMPANY COM G93205113 20,755 2,405,000 SH Sole 2,405,000 VIMPEL COMMUNICATIONS SPON ADR SPON ADR 68370R109 64,501 2,173,204 SH Defined 1 2,173,204 VIMPEL COMMUNICATIONS SPON ADR SPON ADR 68370R109 742 25,000 SH Sole 25,000 VIMPEL COMMUNICATIONS SPON ADR SPON ADR 68370R109 742 25,000 SH Sole 25,000 WEATHERFORD INTERNATIONAL LTD COM G95089101 11,158 225,000 SH Sole 225,000 WEATHERFORD INTERNATIONAL LTD COM G95089101 1,289 26,000 SH Sole 26,000 WEATHERFORD INTERNATIONAL LTD COM G95089101 14,877 300,000 SH CALL Sole 300,000 WEATHERFORD INTERNATIONAL LTD COM G95089101 496 10,000 SH CALL Sole 10,000 WESTERN DIGITAL CORP COM 958102105 691 20,000 SH Sole 20,000 WESTERN DIGITAL CORP COM 958102105 414 12,000 SH Sole 12,000 WOODWARD GOVERNOR CO COM 980745103 178 5,000 SH Sole 5,000 WUXI PHARMATECH INC-ADR SPON ADR 929352102 406 20,000 SH Sole 20,000 XTO ENERGY INC COM 98385X106 22,266 325,000 SH Sole 325,000
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 - -------------------------------- ---------- --------- --------- -------------------- ---------- -------- ------------------------ SHARES OR VOTING AUTHORITY TITLE OF VALUE PRINCIPAL SH/ PUT/ INVESTMENT OTHER ------------------------ NAME OF ISSUER CLASS CUSIP (X$1000) AMOUNT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE - -------------------------------- ---------- --------- --------- ----------- --- ---- ---------- -------- ---- --------- --------- XTO ENERGY INC COM 98385X106 13,531 197,500 SH CALL Sole 197,500 YAMANA GOLD /CAD/ COM 98462Y100 3,150 189,396 SH Sole 189,396 YAMANA GOLD /CAD/ COM 98462Y100 2,077 124,843 SH Sole 124,843 YAMANA GOLD /CAD/ COM 98462Y100 775 46,623 SH Sole 46,623 YAMANA GOLD /CAD/ COM 98462Y100 1,094 65,789 SH Sole 65,789 YAMANA GOLD /CAD/ COM 98462Y100 2,824 169,785 SH Sole 169,785 YAMANA GOLD /CAD/ COM 98462Y100 5,926 356,293 SH Sole 356,293 YAMANA GOLD INC COM 98462Y100 6,969 421,365 SH Sole 421,365 YAMANA GOLD INC COM 98462Y100 29,616 1,790,563 SH Sole 1,790,563 YAMANA GOLD INC COM 98462Y100 3,943 238,400 SH PUT Sole 238,400 YAMANA GOLD INC COM 98462Y100 18,220 1,101,600 SH PUT Sole 1,101,600 YAMANA GOLD INC COM 98462Y100 5 271 SH Sole 271 YAMANA GOLD INC WA CW8 WTS 98462Y142 104 6,228 SH Sole 6,228 YAMANA GOLD INC WA CW8 WTS 98462Y142 1,594 95,868 SH Sole 95,868 YAMANA GOLD INC WC CW10 WTS 98462Y167 25 1,503 SH Sole 1,503 YAMANA GOLD INC WC CW10 WTS 98462Y167 1,647 99,044 SH Sole 99,044 YANZHOU COAL MNG SPONS ADR H SPON ADR 984846105 22,322 240,000 SH Sole 240,000 YANZHOU COAL MNG SPONS ADR H SPON ADR 984846105 93 1,000 SH Sole 1,000 GRAND TOTAL: 3,004,171 104,491,970
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