ANDREEFF EQUITY ADVISORS, LLC Information

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

Report Date: 09/30/2014

Position Statistics

Total Positions 22
New Positions 1
Increased Positions 3
Decreased Positions 6
Positions with Activity 9
Sold Out Positions 2
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 85.9%
Capital Goods
Conglomerates 3.36%
Consumer Cyclical
Consumer/Non-Cyclical
Energy 2.36%
Financial
Healthcare
Services
Technology 8.38%
Transportation
Utilities 0%

22 Positions as of 09/30/2014

Company Class Value of Shares ($1,000s) Change in Value ($1,000s) Change (%) ▲ Shares Held
KINDER MORGAN INC DEL WT EXP 052517 -239 Sold Out 0
KINROSS GOLD CORP COM NO PAR -115 Sold Out 0
AURICO GOLD INC COM 583 -456 (43.87) 204,695
HECLA MNG CO COM 822 -411 (33.33) 300,000
B2GOLD CORP COM 1,259 -86 (6.38) 807,061
DENISON MINES CORP COM 862 -56 (6.13) 1,148,700
AGNICO EAGLE MINES LTD COM 281 New 9,665
ALLIED NEVADA GOLD CORP COM 9 New 57,300
CAMECO CORP COM 661 New 46,534
ENERGY FUELS INC COM NEW 284 New 60,261
FRANCO NEVADA CORP COM 738 New 15,370
MAG SILVER CORP COM 2,004 New 250,482
NEW GOLD INC CDA COM 497 New 180,000
PAN AMERICAN SILVER CORP COM 971 New 110,411
PLATINUM GROUP METALS LTD COM NEW 125 New 300,000
STONE ENERGY CORP COM 520 New 40,771
TAHOE RES INC COM 9,399 9,399 New 741,258
UR ENERGY INC COM 216 New 263,756
URANIUM RES INC COM PAR$0.001NEW 146 New 148,913
VISTA GOLD CORP COM NEW 232 New 703,765