Orrell Capital Management

Orrell Capital Management as of Dec. 31, 2011

Portfolio Holdings for Orrell Capital Management

Orrell Capital Management holds 24 positions in its portfolio as reported in the December 2011 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Goldcorp 15.8 $24M 538k 44.25
Randgold Resources 11.0 $17M 162k 102.10
SPDR Gold Trust (GLD) 10.8 $16M 107k 151.99
AngloGold Ashanti 7.4 $11M 262k 42.45
Yamana Gold 6.9 $10M 705k 14.69
Iamgold Corp (IAG) 6.2 $9.3M 585k 15.85
Newmont Mining Corporation (NEM) 6.0 $9.0M 151k 60.01
Eldorado Gold Corp 5.7 $8.6M 628k 13.71
Silver Wheaton Corp 4.3 $6.5M 225k 28.96
Kinross Gold Corp (KGC) 4.3 $6.5M 569k 11.40
Agnico (AEM) 4.3 $6.5M 178k 36.29
Gold Fields (GFI) 3.6 $5.4M 356k 15.25
Barrick Gold Corp (GOLD) 3.4 $5.1M 113k 45.25
Royal Gold (RGLD) 2.9 $4.4M 65k 67.43
New Gold Inc Cda (NGD) 1.3 $2.0M 200k 10.08
Mag Silver Corp (MAG) 1.3 $2.0M 300k 6.58
Franco-Nevada Corporation (FNV) 1.1 $1.7M 44k 38.08
Pan American Silver Corp Can (PAAS) 1.1 $1.6M 74k 21.81
Aurizon Mines 0.8 $1.2M 250k 4.93
Nevsun Res 0.5 $810k 146k 5.53
Primero Mining Corporation 0.5 $800k 250k 3.20
Aurico Gold 0.3 $401k 50k 8.02
Claude Res 0.3 $390k 291k 1.34
Hecla Mining Company (HL) 0.2 $266k 50k 5.32