TSX Venture Short Positions (January 15, 2007)

Short positions outstanding at Dec. 31, 2006 (with changes from Dec. 15).

Largest short positions Change
Blue Note Mining BN 3611500 3609500
Osisko Exploration OSK 1398800 372388
Energy Fuels EFR 1322900 -83888
West Hawk Devel WHD 1267220 142754
Trigon Uranium TEL 1131975 633875
Acadian Gold ADA 1085089 -733940
Gold Canyon Res GCU 980000 -55000
Pele Mountain Res GEM 929000 298339
Contl Precious Min CZQ 858300 484000
Romarco Minerals R 776000 124800
Noront Resources NOT 694500 2500
Strateco Resources RSC 678350 -44400
Ditem Explorations DIT 613500 -5700
Roca Mines ROK 605000 63117
Liberty Mines LBE 603598 16102
Largest increases in short position Change
Blue Note Mining BN 3611500 3609500
Trigon Uranium TEL 1131975 633875
Santoy Resources SAN 593336 593336
Contl Precious Min CZQ 858300 484000
Osisko Exploration OSK 1398800 372388
Largest decreases in short position Change
Gold Hawk Resources CGK 547 -922886
Urasia Energy UUU 328000 -833600
Acadian Gold ADA 1085089 -733940
Magindustries MAA 160000 -666943
Copper Fox Metals CUU 10545 -500900
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