TSE SHORTS (November 15, 1999)

Short positions outstanding at Nov. 3, 1999

Larger individual positions include:Abitibi Consolidated 2,503,338, down 59,116; Alcan Aluminum 1,684,419, down 205,540; Anderson Exploration 199,298, down 84,056; Armada Gold 150,000, down 150,000; Barrick Gold 6,113,135, down 5,235,095; Boliden 4,710,100, up 273,000; Canadian Natural Resources 173,098, down 123,760; Cominco 3,167,813, down 56,181; Elk Point Resources 325,187, down 149,663; Falconbridge 150,173, up 81,711; Franco-Nevada Mining 3,678,137, down 557,265; Gulf Canada Resources 1,636,734, up 58,892; Inco 6,787,011, down 114,530; Kinross Gold 982,988, down 1,921,087; Manhattan Minerals 131,000, down 113,000; Noranda 1,999,683, up 75,023; Pan American Silver 145,000; Pioneer Natural Resources 429,300; Placer Dome 3,048,455, down 591,302; Probe Exploration 2,291,500, up 422,600; Rio Algom 2,369,100; Royal Oak Mines 1,796,900, down 51,658; Sherritt Int’l 13,534,175, down 67,825; Tiomin Resources 182,300; Twin Gold 163,000; Westminster Resources 283,000; William Resources 11,589,324, up 191,750