TSE Short Positions (April 16, 2001)

Short positions outstanding at March 31, 2001

Larger individual positions include:

Alcan Inc. 938,368 down 102,162; Anderson Exploration Ltd. 4,609,007 up 196,810; Barrick Gold Corporation 11,699,608 down 529,999; Boliden Limited 3,435,002 up 121,326; Brascan Corporation Cl ‘A’ 1,372,429 down 92,292; Colony Pacific Explorations Ltd. 241,500 up 240,958; Cominco Ltd. 3,626,237 down 114,176; Dofasco Inc. 1,428,248 down 290,757; Franco-Nevada Mining Corp. 1,779,433 up 482,902; Inco Limited 9,386,772 down 257,158; Kinross Gold Corporation 711,619 up 624,229; LMX Resources Ltd. 200,000 down 200,000; Meridian Gold Inc. 190,044 up 154,405; Noranda Inc. 2,048,177 up 70,470; Placer Dome Inc. 3,523,964 up 1,781,468; Suncor Energy Inc. 1,080,016 up 304,105; Teck Corp. Cl ‘B’ 4,136,349 down 642,302; TVX Gold Incorporated 147,642 down 100,358