TSE SHORT POSITIONS (June 13, 1994)

Semi-monthly reports as of May 15, 1994 showed 262,385,709 shares of 853 issues compared with 243,833,036 shares of 818 issues on Apr 30, 1994.

Larger individual positions included: Aber 132,800, down 162,600; Adrian Res. 123,000; Amer. Barrick 4,211,538, up 149,066; Arimetco Int’l. 765,500, up 144,000; Battle Mountain 20,294, down 33,100; Bema Gold 220,600; Caledonia M’g. 53,300; Cambior 133,000; Cameco 1,684,400; Campbell Res. 91,500, up 65,900; Cathedral Gold 123,000; Chase Res. 143,300, up 143,300; Cominco Ltd. 52,000; Comstate Res. 50,000; Cons. Ramrod 105,300; Czar Res. 339,400; Dakota M’g. 5,756, down 29,300; Dayton M’g. 785,100; Deak Res. 2,140,200, up 26,500; Dia Met Minerals 139,540; Diamond Fields 97,200, up 42,500; Dofasco 3,417,817, down 45,300; Echo Bay 331,100, down 35,073; Euro-Nevada M’g. 611,979, down 306,294; Franco-Nevada M’g. 292,940; Glamis Gold 50,987, up 34,800; Gold Reserve 190,300, down 28,200; Goldcorp 8,700, down 64,800; Golden Star 340,700; Gulfstream Res. 0, down 287,100; Hemlo Gold 651,400; Incan Minerals 44,000, up 44,000; Inco 758,393, up 233,431; Int’l. Platinum 76,100, up 26,100; Kinross Gold 292,000, up 93,900; Lac Minerals 466,978, up 239,678; Lytton Min. 570,600; Mark Res. 852,750, up 82,300; Metall M’g. 1,663,327, down 326,500; Minera Rayrock 227,200; Miramar M’g. 775,700, down 39,800; Muscocho Expl. 164,800; Noranda 3,447,100, up 295,500; Novicourt 150,400; NSR Res. 36,500, down 88,700; Orvana Minerals 78,800; Pegasus Gold 182,600, up 154,600; Petromet Res. 507,300, up 25,000; Placer Dome 1,526,900; Potash Corp. of Sask. 688,890, down 38,960; Queenstake 65,800; Repadre Capital 90,200; Rio Algom 4,666,193, up 491,893; Royal Oak 2,993,000, up 355,585; Sherritt Inc. 398,317, up 32,350; Sikaman Gold 105,600, up 58,500; SouthernEra 184,100; St. Genevieve Res. 11,000, down 185,900; Teck 351,100, up 62,000; Thunderwood 184,143; Tintina Mines 15,500, down 80,500; Tyler Res. 123,136, up 77,536; Venezuelan Goldfields 67,050, up 44,050; Westmin 61,108; Western Garnet 603,000, up 60,500.