TSE Short Positions (May 13, 2002)

Short positions outstanding at April 30, 2002

Larger individual positions include

Aber Diamond 199,497 up 84,400; Agnico-Eagle 5,018,413 up 74,478; Amarc 228,500 up 102,000; Ashton 539,903 down 81,756; Aurado 235,000 up 95,000; Barrick 9,182,179 up 1,043,670; Bema 969,867 down 215,200; Brascan 1,464,590 up 193,764; Breakwater 6,788,850 up 3,571,000; Cambior 1,131,600 up 533,700; Claude 310,000 up 83,500; Crystallex 298,268 up 286,833; Diamondex 201,600 up 110,100; Dofasco 2,485,498 up 135,620; Eldorado 1,765,111 up 800,000; Falconbridge 318,383 down 86,476; Fort Knox 245,000 up 206,000; Gallery 100,685 up 99,700; Geomaque 206,000 up 206,000; Glamis 1,230,614 up 68,172; Goldcorp 3,655,052 up 2,115,938; Ivanhoe 186,696 up 182,596; Kensington 145,800 up 57,950; Kinross 5.5% Debentures 213,000 up 213,000; Lionore 157,069 up 144,218; Mcwatters 3,013,050 up 744,988; Mcwatters Rt 5,986,990 up 4,047,725; Miranda 178,000 up 178,000; Newmont 815,811 up 50,657; Noranda 1,948,025 down 181,856; Novagold 1,128,931 up 113,185; Placer Dome 2,203,588 down 68,931; Rio Alto 1,297,329 down 71,505; Rubicon 148,000 down 150,000; Sherritt 10,742,111 down 331,911; Shore Gold 186,500 up 151,700; South American Gold & Copper 200,000 up 200,000; Tan Range 205,498 up 200,498; Teck Cominco Cl ‘B’ 7,032,094 down 293,870; TVX Gold 193,744 down 230,437