Short Position Report (October 16, 2007)

TSX Short Positions
Short positions outstanding at Sept. 30/07 (with changes from Sep 15/07).
Largest Short Positions
Security Ticker Total Short Change
Kinross Gold K 33338142 -668499
Yamana Gold YRI 31017718 1.2E+07
Cameco CCO 20140699 55167
Iamgold IMG 14302387 685331
Northern Orion Res NNO 11531847 -4516666
Coeur D’Alene Mines CDM 10931160 794900
Ivanhoe Mines IVN 10775537 545366
Silver Wheaton SLW 10360083 -305332
Breakwater Res BWR 9678946 1629389
Thompson Creek Met TCM 7781331 645639
Barrick Gold ABX 7356275 863872
Lundin Mining LUN 6982607 668389
Eastern Platinum ELR 6422497 -1026085
Equinox Minerals EQN 6400226 -2222453 < /td>
Uranium One UUU 6020805 -382673
Largest Increase in Short Position
Security Ticker Total Short Change
Yamana Gold YRI 31017718 1.2E+07
Breakwater Res BWR 9678946 1629389
Allied Nevada Gold ANV 946700 945000
Barrick Gold ABX 7356275 863872
Gold Eagle Mines GEA 1026521 830154
Largest Decrease in Short Position
Security Ticker Total Short Change
Northern Orion Res NNO 11531847 -4516666
Equinox Minerals EQN 6400226 -2222453
Global Alumina GLA.U 287950 -2000975
Rubicon Minerals RMX 204878 -1897299
Red Back Mining RBI 2153275 -1750148
TSX Venture Short Positions
Short positions outstanding at Sept. 30/07 (with changes from Sep 15/07).
Largest Short Positions
Security Ticker Total Short Change
Osisko Exploration OSK 4977400 2224
VMS Ventures VMS 3055170 2782170
Noront Resources NOT 2320207 -249593
Blue Note Mining BN 1473969 663311
Aberdeen Internatl AAB 1119616 1105000
Roca Mines ROK 1070871 495454
Geovic Mining GMC 1022374 55500
Sherwood Copper SWC 854350 63600
Fortuna Silver FVI 837899 259200
Adex Mining ADE 653000 331000
Geologix Explor GIX 638300 457000
Millrock Resources MRO 618100 618100
Fancamp Explor FNC 609227 439033
Carmax Explor CMX 536500 536500
Acadian Mining ADA 523550 196250
Largest Increase in Short Position
Security Ticker Total Short Change
VMS Ventures VMS 3055170 2782170
Aberdeen Internatl AAB 1119616 1105000
Blue Note Mining BN 1473969 663311
Millrock Resources MRO 618100 618100
Carmax Explor CMX 536500 536500
Largest Decrease in Short Position
Security Ticker Total Short Change
Metanor Resources MTO 424000 -958033
Solomon Resources SRB 0 -890300
Freewest Resources FWR 133 -735729
Yukon Zinc YZC 123500 -703500
Romarco Minerals R 20732 -575980
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