ANDREEFF EQUITY ADVISORS, LLC Information

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

Report Date: 12/31/2013

Position Statistics

Total Positions 21
New Positions 1
Increased Positions 1
Decreased Positions 13
Positions with Activity 14
Sold Out Positions 0
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 67.8%
Capital Goods
Conglomerates 3.3%
Consumer Cyclical
Consumer/Non-Cyclical
Energy 10.07%
Financial
Healthcare
Services 0.82%
Technology 17.2%
Transportation
Utilities 0.82%

21 Positions as of 12/31/2013

Company Class Value of Shares ($1,000s) Change in Value ($1,000s) Change (%) ▲ Shares Held
A H BELO CORP COM CL A 176 -296 (62.73) 16,185
DENISON MINES CORP COM 1,881 -630 (25.09) 1,253,700
VISTA GOLD CORP COM NEW 350 -86 (19.81) 728,765
POINTS INTL LTD COM NEW 3,701 -732 (16.5) 156,828
B2GOLD CORP COM 2,539 -379 (13) 937,061
URANIUM RES INC COM PAR$0.001NEW 444 -60 (11.84) 148,913
KINDER MORGAN INC DEL WT EXP 052517 176 -20 (10) 90,000
CAMECO CORP COM 1,061 -114 (9.7) 46,534
YAMANA GOLD INC COM 928 -80 (7.9) 116,620
PAN AMERICAN SILVER CORP COM 1,420 -64 (4.33) 110,411
STONE ENERGY CORP COM 2,167 -93 (4.1) 46,771
AURICO GOLD INC COM 1,505 -61 (3.9) 369,695
MAG SILVER CORP COM 1,903 -66 (3.33) 290,482
ALLIED NEVADA GOLD CORP COM 208 New 57,300
ENERGY FUELS INC COM NEW 22 22 New 2,754
FRANCO NEVADA CORP COM 711 New 15,370
KINROSS GOLD CORP COM NO PAR 204 New 50,000
NEW GOLD INC CDA COM 998 New 200,000
QUATERRA RES INC COM 229 New 3,527,113
UR ENERGY INC COM 434 New 318,756