TSE Short Positions (May 19, 1997)

Short positions outstanding at April 30, 1997.

Larger individual positions included: Barrick Gold 11,910,540, down 106,478; Antares Mining 207,000, up 71,800; Anvil Range 719,800; Bema Gold 4,373,886, down 712,562; Breakwater Resources 213,500; Bre-X Minerals 5,569,260, up 3,670,260; Campbell Resources 2,337,100, up 82,947; Cominco 270,400; Canadian Natural 103,611; Dayton Mining 1,720,550, down 108,500; Dakota Mining 248,900; Echo Bay Mines 208,381, up 155,200; Eldorado Gold 1,249,300, up 87,100; Falconbridge 194,900; Franco-Nevada Mining 382,066; Gulf Canada Resources 443,005, up 161,078; Greenstone Resources 2,744,108, up 89,100; Inmet Mining 599,173, down 140,800; Indochina Goldfields 1,808,900, up 83,700; Kinross Gold 825,759, down 76,950; Lytton Minerals 176,100, up 97,700; Minorca Resources 191,400; Meridian Gold 551,700, down 52,400; Inco 5,215,337, down 178,987; Norcen Energy Resources 189,199; Noranda 1,523,082, down 122,608; Novicourt 763,500; Nevsun Resources 157,600; Placer Dome 2,590,403, up 93,860; Princeton Mining 1,628,000; Pure Gold Resources 338,800; Quest Int’l 364,400; Queenstake Resources 352,200; Rea Gold 385,700, up 385,200; Rio Algom 788,800, up 597,388; St. Genevieve 133,794, down 82,106; SouthernEra 187,800; TVX Gold 814,400; United Keno Hill 491,000; Vengold 253,100; Vista Gold 342,196, up 210,396; William Resources 2,881,002, up 555,259; Yamana Resources 201,500.