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
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
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 (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
AGNICO EAGLE MINES LTD COM 008474108 37,434 607,600 SH   DFND 1 607,600 0 0
ALLERGAN PLC SHS G0177J108 508,987 2,662,483 SH   DFND 1 2,662,483 0 0
ANGLOGOLD ASHANTI LTD SPONSORED ADR 035128206 285,559 12,782,400 SH   DFND 1 12,782,400 0 0
BAUSCH HEALTH COS INC COM 071734107 623,504 20,839,035 SH   DFND 1 20,839,035 0 0
BRIGHTSPHERE INVT GROUP INC COM 10948W103 204,406 20,000,552 SH   DFND 1 20,000,552 0 0
CAESARS ENTMT CORP COM 127686103 16,444 1,209,122 SH   DFND 1 1,209,122 0 0
DISCOVERY INC COM SER C 25470F302 333,027 10,922,500 SH   DFND 1 10,922,500 0 0
DISH NETWORK CORP CL A 25470M109 176,410 4,973,500 SH   DFND 1 4,973,500 0 0
ENDO INTL PLC SHS G30401106 40,460 8,626,900 SH   DFND 1 8,626,900 0 0
HORIZON THERAPEUTICS PUB LTD SHS G46188101 295,779 8,170,700 SH   DFND 1 8,170,700 0 0
BARRICK GOLD CORPORATION COM 067901108 37,956 2,041,728 SH   DFND 1 2,041,728 0 0
IAMGOLD CORP COM 450913108 6,901 1,850,000 SH   DFND 1 1,850,000 0 0
INNOPHOS HOLDINGS INC COM 45774N108 5,130 160,412 SH   DFND 1 160,412 0 0
INTERNATIONAL TOWER HILL MIN COM 46050R102 32,168 59,593,314 SH   DFND 1 59,593,314 0 0
LEAR CORP COM NEW 521865204 1,388 10,116 SH   DFND 1 10,116 0 0
LOGMEIN INC COM 54142L109 10,490 122,347 SH   DFND 1 122,347 0 0
MYLAN N V SHS EURO N59465109 241,309 12,005,400 SH   DFND 1 12,005,400 0 0
NEWMARK GROUP INC CL A 65158N102 20,855 1,550,000 SH   DFND 1 1,550,000 0 0
NOVAGOLD RES INC COM NEW 66987E206 197,056 21,992,896 SH   DFND 1 21,992,896 0 0
OVERSEAS SHIPHOLDING GROUP I CL A NEW 69036R863 19,090 8,300,000 SH   DFND 1 8,300,000 0 0
PACIRA BIOSCIENCES COM 695127100 77,768 1,716,727 SH   DFND 1 1,716,727 0 0
PRETIUM RES INC COM 74139C102 28,811 2,588,600 SH   DFND 1 2,588,600 0 0
QEP RES INC COM 74733V100 3,638 808,510 SH   DFND 1 808,510 0 0
SANDRIDGE ENERGY INC COM NEW 80007P869 2,826 666,535 SH   DFND 1 666,535 0 0
SEABRIDGE GOLD INC COM 811916105 9,674 700,000 SH   DFND 1 700,000 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 617,331 4,320,022 SH   DFND 1 4,320,022 0 0
SPRINT CORPORATION COM 85207U105 83,439 16,015,108 SH   DFND 1 16,015,108 0 0
SSR MNG INC COM 784730103 22,307 1,158,200 SH   DFND 1 1,158,200 0 0
SYNTHESIS ENERGY SYS INC COM 871628301 944 165,648 SH   DFND 1 165,648 0 0
TAKEDA PHARMACEUTICAL CO LTD SPONSORED ADS 874060205 261,318 13,244,711 SH   DFND 1 13,244,711 0 0
TECH DATA CORP COM 878237106 19,160 133,426 SH   DFND 1 133,426 0 0
TIFFANY & CO NEW COM 886547108 17,913 134,030 SH   DFND 1 134,030 0 0
TIM PARTICIPACOES S A SPONSORED ADR 88706P205 71,089 3,720,000 SH   DFND 1 3,720,000 0 0
TRILOGY METALS INC NEW COM 89621C105 37,250 14,326,996 SH   DFND 1 14,326,996 0 0
WELLCARE HEALTH PLANS INC COM 94946T106 30,725 93,046 SH   DFND 1 93,046 0 0
VIACOMCBS INC CL B 92556H206 251,820 6,000,000 SH   DFND 1 6,000,000 0 0
ZAYO GROUP HLDGS INC COM 98919V105 2,497 72,059 SH   DFND 1 72,059 0 0