ANDREEFF EQUITY ADVISORS, LLC Information

140 E. ST. LUCIA LANE, SANTA ROSA BEACH, Florida, 32459, (850) 622-3353

Report Date: 03/31/2014

Position Statistics

Total Positions 23
New Positions 2
Increased Positions 2
Decreased Positions 10
Positions with Activity 12
Sold Out Positions 1
Total Mkt Value (in $ millions) 22

Institutional Holdings information is filed by major institutions on form 13-F with the Securities and Exchange Commission.

Sector Weighting

Basic Materials 72.49%
Capital Goods
Conglomerates 3.9%
Consumer Cyclical
Consumer/Non-Cyclical
Energy 8.41%
Financial
Healthcare
Services 0%
Technology 14.06%
Transportation
Utilities 1.14%

23 Positions as of 03/31/2014

Company Class Value of Shares ($1,000s) Change in Value ($1,000s) ▲ Change (%) Shares Held
MAG SILVER CORP COM 2,287 -365 (13.77) 250,482
POINTS INTL LTD COM NEW 3,120 -357 (10.27) 140,728
B2GOLD CORP COM 2,371 -206 (8) 862,061
A H BELO CORP COM CL A -184 Sold Out 0
NEW GOLD INC CDA COM 1,130 -126 (10) 180,000
AURICO GOLD INC COM 1,400 -124 (8.12) 339,695
URANERZ ENERGY CORP COM 277 -80 (22.37) 225,519
UR ENERGY INC COM 306 -64 (17.26) 263,756
DENISON MINES CORP COM 1,615 -40 (2.39) 1,223,700
VISTA GOLD CORP COM NEW 345 -12 (3.43) 703,765
ALLIED NEVADA GOLD CORP COM 198 New 57,300
CAMECO CORP COM 950 New 46,534
ENERGY FUELS INC COM NEW 20 New 2,754
FRANCO NEVADA CORP COM 867 New 15,370
KINDER MORGAN INC DEL WT EXP 052517 252 New 90,000
KINROSS GOLD CORP COM NO PAR 210 New 50,000
PAN AMERICAN SILVER CORP COM 1,697 New 110,411
QUATERRA RES INC COM 212 New 3,527,113
STONE ENERGY CORP COM 1,867 New 46,771
URANIUM RES INC COM PAR$0.001NEW 375 New 148,913