OCM GOLD FUND
Schedule of Investments - February 28, 2022
(Unaudited)
Shares | Value | ||||||||||||
Common Stocks | 97.3 | % | |||||||||||
Major Gold Producers | 24.0 | % | |||||||||||
80,000 | Agnico Eagle Mines Ltd. | $ | 4,039,200 | ||||||||||
155,000 | AngloGold Ashanti Ltd. ADR | 3,602,200 | |||||||||||
200,000 | Barrick Gold Corp. | 4,514,000 | |||||||||||
65,000 | Newmont Corp. | 4,303,000 | |||||||||||
16,458,400 | |||||||||||||
Intermediate/Mid-Tier Gold Producers | 20.6 | % | |||||||||||
325,000 | Alamos Gold, Inc. | 2,392,000 | |||||||||||
300,000 | B2Gold Corp. | 1,211,834 | |||||||||||
140,000 | Endeavour Mining Corp. | 3,697,988 | |||||||||||
700,000 | OceanaGold Corp.* | 1,319,921 | |||||||||||
25,000 | Pan American Silver Corp. | 590,750 | |||||||||||
1,000,000 | Perseus Mining Ltd. | 1,325,538 | |||||||||||
150,000 | SSR Mining, Inc. | 2,965,500 | |||||||||||
50,000 | Torex Gold Resources, Inc.* | 634,320 | |||||||||||
14,137,851 | |||||||||||||
Junior Gold Producers | 29.1 | % | |||||||||||
300,000 | Argonaut Gold, Inc.* | 546,746 | |||||||||||
400,489 | Calibre Mining Corp.* | 407,598 | |||||||||||
250,000 | Dundee Precious Metals, Inc. | 1,479,290 | |||||||||||
1,375,000 | Emerald Resources N.L.* | 1,118,536 | |||||||||||
225,000 | Fortuna Silver Mines, Inc.* | 839,645 | |||||||||||
1,449,950 | Jaguar Mining, Inc. | 5,285,025 | |||||||||||
175,000 | K92 Mining, Inc.* | 1,064,497 | |||||||||||
1,000,000 | Minera Alamos, Inc.* | 410,256 | |||||||||||
350,000 | Mineros S.A. | 300,986 | |||||||||||
3,850,000 | Superior Gold, Inc.* | 2,490,730 | |||||||||||
1,595,000 | Thor Explorations Ltd.* | 346,055 | |||||||||||
500,000 | Wesdome Gold Mines Ltd.* | 5,629,191 | |||||||||||
19,918,555 | |||||||||||||
Exploration and Development Companies | 7.9 | % | |||||||||||
800,000 | Apollo Silver Corp.* | 372,387 | |||||||||||
500,000 | Banyan Gold Corp.* | 155,818 | |||||||||||
500,000 | Galway Metals, Inc.* | 181,460 | |||||||||||
1,000,000 | GR Silver Mining Ltd.* | 248,521 | |||||||||||
123,880 | Integra Resources Corp.* | 181,788 | |||||||||||
775,000 | Liberty Gold Corp.* | 599,211 | |||||||||||
1,000,000 | Maritime Resources Corp.* | 94,675 | |||||||||||
616,500 | Montage Gold Corp.* | 350,201 | |||||||||||
400,000 | Orca Gold, Inc.* | 242,998 |
Shares | Value | ||||||||||||
500,000 | Orezone Gold Corp.* | $ | 540,434 | ||||||||||
400,000 | Paramount Gold Nevada Corp.* | 246,000 | |||||||||||
975,000 | Rio2 Ltd.* | 507,692 | |||||||||||
3,000,000 | Royal Road Minerals Ltd.* | 710,059 | |||||||||||
4,578,755 | RTG Mining, Inc.* | 299,308 | |||||||||||
2,512,040 | Sutter Gold Mining, Inc.*,# | — | |||||||||||
1,210,500 | Tajiri Resources Corp.* | 45,364 | |||||||||||
530,000 | West Vault Mining, Inc.* | 480,868 | |||||||||||
450,000 | Westhaven Gold Corp.* | 156,213 | |||||||||||
5,412,997 | |||||||||||||
Royalty/Streaming Companies | 6.4 | % | |||||||||||
100,000 | Wheaton Precious Metals Corp. | 4,381,854 | |||||||||||
Primary Silver Producers | 9.3 | % | |||||||||||
625,000 | Andean Precious Metals Corp.* | 986,194 | |||||||||||
600,000 | Aya Gold & Silver, Inc.* | 4,795,266 | |||||||||||
100,000 | Hecla Mining Co. | 576,000 | |||||||||||
6,357,460 | |||||||||||||
Total Common Stocks | |||||||||||||
(Cost $29,362,439) | 66,667,117 | ||||||||||||
Warrants | 2.8 | % | |||||||||||
Exploration and Development Companies | 0.0 | % | |||||||||||
641,000 | Euro Sun Mining, Inc. Exercise Price: 0.55 CAD, Exp. 6/5/2023* | — | |||||||||||
225,000 | Westhaven Gold Corp. Exercise Price: 1.00 CAD, Exp. 3/3/2023* | 20,858 | |||||||||||
400,000 | Apollo Silver Corp. Exercise Price: 1.25 CAD, Exp. 6/25/2023* | — | |||||||||||
20,858 | |||||||||||||
Primary Silver Producers | 2.8 | % | |||||||||||
350,000 | Aya Gold & Silver, Inc. Exercise Price: 3.30 CAD, Exp. 9/3/2023* | 1,885,996 | |||||||||||
1,885,996 | |||||||||||||
Total Warrants | |||||||||||||
(Cost $0) | 1,906,854 | ||||||||||||
Short-Term Investment | 0.3 | % | |||||||||||
200,517 | UMB Money Market Fiduciary, 0.01% | 200,517 | |||||||||||
Total Short-Term Investment | |||||||||||||
(Cost $200,517) | 200,517 | ||||||||||||
Total Investments | 100.4 | % | |||||||||||
(Cost $29,562,956) | 68,774,488 | ||||||||||||
Liabilities less Other Assets | (0.4 | )% | (281,017) | ||||||||||
TOTAL NET ASSETS | 100.0 | % | $ | 68,493,471 |
ADR – American Depository Receipt
CAD – Canadian Dollars
* | Non-income producing security. |
# | Level 3 security fair valued under procedures established by the Board of Trustees, represents 0.00% of Net Assets. The total value of this security is $0. |