TSE Shorts (October 23, 2000)

Short positions outstanding at September 30, 2000

Larger individual positions include: Abitibi-Consolidated Inc. 994,234 down 221,752; Alcan Aluminium Ltd. 436,662 down 434,829; Barrick Gold Corp. 12,383,859 down 462,787; Brascan Corp. Cl ‘A’ 1,553,070 down 245,558; Breakwater Resources Ltd. 184,800 down 59,400; Dofasco Inc. 1,656,282 down 90,696; Goldcorp Inc. Cl ‘A’ 1,046,707 up 89,200; Inco Ltd. 5,268,768 down 262,836; Noranda Inc. 1,792,941 down 95,760; Peruvian Gold Ltd. 198,500 down 83,700; Rio Algom Ltd. 3,119,255 up 125,294; Sherritt Int’l Corp. 11,342,922 down 315,560; Suncor Energy Inc. 1,019,478 up 116,214; Taseko Mines Ltd. 180,785 up 82,985; Teck Corp. Cl ‘B’ 1,087,642 down 138,195