TSX Venture Short Positions (January 04, 2010)

Short positions outstanding at Dec. 15/09 (with changes from Nov. 30/09).

Largest short positions
Romarco Minerals R 4234987 -551113
Manicouagan Minerals MAM 2492000 2492000
Galway Resources GWY 1333600 477100
Noront Resources NOT 1102200 -323800
Avion Gold AVR 1052500 -2889000
Hawthorne Gold HGC 1001049 968049
Terrane Metals TRX 953000 205000
Andina Minerals ADM 883500 465300
San Gold SGR 879730 255607
Gleichen Resources GRL 855600 225900
Great Western Minerals GWG 745512
488012
Kodiak Exploration KXL 734000 685500
Appleton Exploration AEX 562500 562500
Medoro Resources MRS 527400 510000
Cloudbreak Resources CDB 500000 500000
Largest increase in short position
Manicouagan Minerals MAM 2492000 2492000
Hawthorne Gold HGC 1001049 968049
Kodiak Exploration KXL 734000 685500
Appleton Exploration AEX 562500 562500
Medoro Resources MRS 527400 510000
Largest decrease in short position
Avion Gold AVR 1052500 -2889000
Atikwa Resources ATK 20000 -2052000
Hathor Exploration HAT 2517 -1735083
Hawk Uranium HUI 0 -1510250
Oro Gold Resources OGR 0 -1440000
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