TSE SHORT POSITIONS (October 02, 1995)

Short positions outstanding at September 15, 1995.

Larger individual positions included: Barrick Gold 5,706,023; Agnico-Eagle 197,980; Archer Res. 137,600; Anderson Expl. 2,596,600; Beau Canada Expl. 103,187; Bema Gold Ltd. 1,254,200; BGR Precious Metals 231,109; Caledonia M’g 282,400; Campbell Res. 468,821; Canadian Natural Res. 124,100; CS Res. 896,100; Consolidated Ramrod Gold 132,200; Czar Res. 282,000; Dayton M’g 1,859,151; Echo Bay 796,575; Ego Res. 139,000; Euro-Nevada M’g 320,987; First Dynasty 104,000; Gulf Canada Res. 165,044; Greenstone Res. 450,608; Hemlo Gold 700,925; Int’l Curator Res. 238,800; Inmet M’g 2,060,972; Kinross Gold 1,543,230; Lytton Min. 223,200; Miramar M’g 110,200; Moneta Porcupine 140,000; Muscocho Expl. 164,800; Norcen Energy Res. 430,863; Noranda 884,135; Placer Dome 1,506,650; Pegasus Gold 125,999; Petromet Res. 114,700; Pure Gold Res. 123,800; Rio Algom 880,800; Royal Oak 974,031; Wheaton River Min. 121,000.