TSE SHORT POSITIONS (January 19, 1998)

Short positions outstanding at December 31, 1997

Larger individual positions include:Abitibi-Cons 135,553, down 606,285; Aurado Exploration 204,500, up 190,000; Barrick Gold 10,455,660, down 834,852; Beau Canada Exploration 367,100, up 366,100; Campbell Resources 4,267,878, up 59,000; Chauvco Resources 277,500, up 226,000; Echo Bay Mines 1,653,556, down 686,296;

Greenstone Resources 69,538, down 2,094,270; Inco 3,169,857, down 587,840; Pioneer Natural Resources 306,100, up 306,100; Princeton Mining 4,643,872, up 299,500; Probe Exploration 354,300, up 312,600; Royal Oak Mines 2,617,800; Sherritt Int’l 15,936,885, up 134,666; Summit Resources 330,210, up 330,210; Westmin Resources 400,700, up 382,900.