TSE SHORTS (May 31, 1999)

Short positions outstanding at May 15, 1999

Larger individual positions include:Abitibi-Consolidated 905,356, down 432,921; American Gem 13,729,005, down 1,594,774; Asia Pacific Resources 6,200, down 346,100; Barrick Gold 5,923,035, down 400,357; Boliden 3,248,800, up 1,040,600; Cominco 3,108,550, up 1,400,600; Euro-Nevada Mining 2,476,410; Falconbridge 2,000, down 112,830; Inco 5,685,775, up 276,509; Kazakhstan Minerals 122,000, up 122,000; Pacalta Resources 2,368,250, down 223,500; Placer Dome 3,804,057, up 380,600; Rio Algom 2,596,398; Sherritt Int’l 13,729,005, down 1,594,774; TVX Gold 94,300, down 273,200; William Resources 4,095,750, up 2,014,000.