Mountain Lake Investment Management’s Sprott Physical Silver Trust PSLV Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$1.63M	Sell	66,874 -38,502	-37%	-$1.05M	1.05%	20
2025 Q4	$2.49M	Buy	105,376 +5,468	+5%	+$100K	1.89%	15
2025 Q3	$1.57M	Buy	99,908 +36,432	+57%	+$487K	1.17%	19
2025 Q2	$777K	Buy	63,476 +33,476	+112%	+$379K	0.65%	26
2025 Q1	$348K	Hold	30,000	–	–	0.33%	27
2024 Q4	$290K	Buy	30,000 +10,000	+50%	+$105K	0.33%	28
2024 Q3	$209K	Buy	20,000 +5,000	+33%	+$50.1K	0.22%	25
2024 Q2	$149K	Buy	+15,000	New	+$146K	0.16%	26
2020 Q4	–	Sell	-25,000	Closed	-$207K	–	27
2020 Q3	$207K	Buy	+25,000	New	+$218K	0.18%	25
2014 Q4	–	Sell	-277,664	Closed	-$1.91M	–	45
2014 Q3	$1.91M	Buy	277,664 +3,536	+1%	+$28.1K	1.24%	26
2014 Q2	$2.32M	Hold	274,128	–	–	1.47%	24
2014 Q1	$2.15M	Hold	274,128	–	–	1.56%	20
2013 Q4	$2.07M	Buy	274,128 +246,531	+893%	+$2.04M	1.43%	25
2013 Q3	$241K	Buy	27,597 +6,548	+31%	+$56K	0.17%	36
2013 Q2	$162K	Buy	+21,049	New	+$192K	0.12%	29