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
ALEXION PHARMACEUTICALS INC COM 015351109 214,074 1,400,000 SH   DFND 1 1,400,000 0 0
ANGLOGOLD ASHANTI LIMITED SPONSORED ADR 035128206 131,256 5,974,331 SH   DFND 1 5,974,331 0 0
BARRICK GOLD CORP COM 067901108 70,226 3,546,771 SH   DFND 1 3,546,771 0 0
BAUSCH HEALTH COS INC COM 071734107 820,131 25,839,035 SH   DFND 1 25,839,035 0 0
BRIGHTSPHERE INVT GROUP INC COM 10948W103 407,611 20,000,552 SH   DFND 1 20,000,552 0 0
DISH NETWORK CORPORATION CL A 25470M109 131,071 3,620,750 SH   DFND 1 3,620,750 0 0
ENDO INTL PLC SHS G30401106 135,803 18,327,012 SH   DFND 1 18,327,012 0 0
SELECT SECTOR SPDR TR ENERGY 81369Y506 29,191 595,000 SH   DFND 1 595,000 0 0
EQT CORP COM 26884L109 12,727 685,000 SH   DFND 1 685,000 0 0
EQUINOX GOLD CORP COM 29446Y502 19,975 2,500,000 SH   DFND 1 2,500,000 0 0
EXXON MOBIL CORP COM 30231G102 55,830 1,000,000 SH   DFND 1 1,000,000 0 0
HORIZON THERAPEUTICS PUB L SHS G46188101 735,532 7,991,440 SH   DFND 1 7,991,440 0 0
HYCROFT MINING HOLDING CORP *W EXP 10/12/202 44862P125 66 151,507 SH   DFND 1 151,507 0 0
IAMGOLD CORP COM 450913108 5,513 1,850,000 SH   DFND 1 1,850,000 0 0
INTERNATIONAL TOWER HILL MIN COM 46050R102 66,266 61,930,724 SH   DFND 1 61,930,724 0 0
KIRKLAND LAKE GOLD LTD COM 49741E100 63,851 1,502,853 SH   DFND 1 1,502,853 0 0
MICHAELS COS INC COM 59408Q106 43,880 2,000,000 SH   DFND 1 2,000,000 0 0
NEWMARK GROUP INC CL A 65158N102 23,842 2,383,054 SH   DFND 1 2,383,054 0 0
NOVAGOLD RES INC COM NEW 66987E206 194,702 22,226,300 SH   DFND 1 22,226,300 0 0
OVERSEAS SHIPHOLDING GROUP I CL A NEW 69036R863 12,978 6,300,000 SH   DFND 1 6,300,000 0 0
OCCIDENTAL PETE CORP COM 674599105 79,860 3,000,000 SH   DFND 1 3,000,000 0 0
PACIRA BIOSCIENCES INC COM 695127100 99,097 1,413,854 SH   DFND 1 1,413,854 0 0
PERPETUA RESOURCES CORP COM ADDED 714266103 159,949 20,935,732 SH   DFND 1 20,935,732 0 0
PRETIUM RES INC COM 74139C102 24,888 2,400,000 SH   DFND 1 2,400,000 0 0
REALPAGE INC COM 75606N109 34,880 400,000 SH   DFND 1 400,000 0 0
SANDRIDGE ENERGY INC COM NEW 80007P869 2,642 675,751 SH   DFND 1 675,751 0 0
SEABRIDGE GOLD INC COM 811916105 25,387 1,570,000 SH   DFND 1 1,570,000 0 0
SPDR GOLD TR GOLD SHS 78463V107 303,005 1,894,252 SH   DFND 1 1,894,252 0 0
SPDR GOLD TR GOLD SHS 78463V107 2,879 18,000 SH Call DFND 1 18,000 0 0
SSR MNG INC COM 784730103 18,710 1,310,242 SH   DFND 1 1,310,242 0 0
TAKEDA PHARMACEUTICAL CO LTD SPONSORED ADS 874060205 86,323 4,727,415 SH   DFND 1 4,727,415 0 0
TALEND S A ADS 874224207 41,366 650,000 SH   DFND 1 650,000 0 0
THRYV HLDGS INC COM NEW 886029206 65,649 2,805,533 SH   DFND 1 2,805,533 0 0
TIM S A SPONSORED ADR 88706T108 44,265 3,900,000 SH   DFND 1 3,900,000 0 0
TRILOGY METALS INC NEW COM 89621C105 30,660 14,326,996 SH   DFND 1 14,326,996 0 0
VIATRIS INC COM 92556V106 160,351 11,478,260 SH   DFND 1 11,478,260 0 0