TSE Short Positions (June 10, 2002)

Short positions outstanding at May 31, 2002

Larger individual positions include

Aber Diamond 483,608 up 120,910; Agnico-Eagle 4,954,434 down 143,001; Alcan 970,984 down 248,043; American Bonanza. 675,000 up 674,674; Ashton 406,144 down 130,759; Atac 250,000 up 250,000; Aur Resources 470,627 up 60,769; Barrick 9,888,819 up 1,110,698; Bema Gold 4,295,350 up 419,176; Birim Goldfields Cl ‘A’ 145,100 up 137,100; Brascan’A’ 1,223,169 down 325,958; Caledonia 965,000 up 949,300; Cambior 2,148,000 down 544,900; Cameco 114,247 up 94,479; Corner Bay Silver 294,400 up 257,700; Crystallex 596,760 up 152,791; Cumberland 425,500 up 425,500; Cusac 125,047 up 110,047; Dofasco 2,390,152 down 135,375; Echo Bay Mines 4,359,293 up 2,312,184; Eldorado 1,278,200 up 255,600; Excellon 134,000 up 133,800; Gammon Lake 240,400 up 199,100; Glamis 1,361,089 down 178,833; Goldcorp 5,539,175 up 2,781,180; Golden Star 415,650 up 206,900; Iamgold 2,135,319 up 942,056; Inco 13,158,257 up 812,326; Kinross 10,132,718 down 2,313,674; Lionore 944,679 up 597,348; Masuparia 125,000 up 125,000; Mcwatters 1,390,474 down 288,126; Meridian 4,134,425 up 407,054; Metallica 300,000 up 102,500; Minera Andes 104,653 up 70,468; Miramar 1,387,259 up 829,098; Newmont 976,124 up 154,108; Noranda 1,569,645 down 224,230; Northgate 461,200 down 131,600; Novagold 1,345,449 up 99,386; Pan American Silver 1,107,762 up 1,053,712; Pure Gold 733,000 up 128,400; Sherritt Int’l 11,654,270 up 829,424; South American Gold & Copper 140,000 up 140,000; Teck Cominco Cl ‘B’ 7,406,624 up 412,493; Thistle Mining 259,183 up 89,183; TVX Gold 1,773,649 up 1,613,575; Viceroy 200,000 up 200,000; Vista Gold 248,044 up 246,887; Wheaton River 268,250 down 76,550; Wolfden 229,100 up 115,000.