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Changes:MUX +3.9%FCX +2.9%HBM +1.9%BHP +0.9%COPX +0.9%

$COPPERHEAD This whole book is thriving so I’m going to slightly rebalance right now to rotate some positions I expect to perform more than others. Just +- 1 so not a big shift but I’d like to maintain > 20% YTD heading into Q4 and will shift portfolio when time is right.

Changes:HBM +10.1%MUX +8.1%CPER +1.8%FCX -5.2%BHP -4.2%

Rebalanicng to prioritize CPER at this time and reallocate to other holdings.

Changes:RIO +3.4%TECK +3.4%CPER +3.3%COPX +2.9%SCCO +2.8%

Removing HBM and MUX to reallocate evenly at this time. Will watch the remainder of book against expected performance over the next 30 days and reallocate accordingly

Changes:FCX +1.9%BHP +1.6%SCCO +1.5%COPX +1.4%HBM +1.1%

Removing XME ETF and reallocating evenly to focus on individual assets

Rebalancing evenly across the portfolio as the market continues to extract capital. will watch rebound and reassess after reset.

Rebalancing across the portfolio to move earnings to some nonperformers with an even allocation across all assets.

General rebalance with equal allocation across all assets after getting some good traction today.

General rebalance for the book. Will watch and reallocate accordingly.

Changes:XME +5.0%COPX -3.0%FCX -1.0%SCCO -1.0%

Overall rebalance with equal weight across portfolio holdings following downtrend. Assessing geopolitical trends before reallocating again.

Changes:MUX +5.0%TECK +4.9%COPX +3.9%CPER +0.9%HBM +0.1%

Rebalancing to prepare for a continued roller coaster ride of volatile reactions to the cease fire uncertainty