TSE Short Positions (September 30, 2002)

Short positions outstanding at September 15, 2002

Larger individual positions include

Agnico-Eagle 5,919,985 up 253,219; Alcan 1,104,556 up 277,453; Barrick 7,940,421 down 416,532; Bema 3,927,554 up 386,580; Brascan Cl ‘A’ 1,196,257 down 61,790; Cambior 2,255,300 up 419,000; Echo Bay Mines 7,232,844 up 1,845,500; Glamis Gold 1,849,890 up 200,815; Goldcorp 7,235,643 up 553,242; Inco 12,650,660 up 265,245; Kinross 5,120,677 down 744,031; Meridian 4,728,718 down 271,125; Newmont 1,238,242 down 59,214; Noranda 2,398,033 up 162,151; Novagold 2,137,533 up 259,867; Placer Dome 3,344,026 up 1,001,160; Sherritt Int’l 10,310,315 down 290,626; Teck Cominco Cl ‘B’ 8,295,481 down 54,817