Tsx Venture Short Positions (December 15, 2008)

Short positions outstanding at Nov. 30/08 (with changes from Nov. 15/08).

Largest short positions
Nevada Exploration NGE 1649000 -76000
Westernzagros Res WZR 1144411 19884
Fortuna Silver FVI 703250 666250
Gold Wheaton Gold GLW 669473 -580200
Kootenay Gold KTN 654300 654300
PMI Gold PMV 396000 395347
Silverstone Resources SST 385243 375243
Amerix Precious Met APM 300100 300000
Mano River Resources MNO 299000 199000
Alturas Minerals ALT 293000 -7000
Constellation Copper CCU. H 270000 0
Whitemud Resources WMK 244200 -157
Weststar Resources WER 230000 170000
Medoro Resources MRS 216900 206800
Gold Wheaton Gold GLW. WT 195100 195100
Largest increase in short position
Fortuna Silver Mines FVI 703250 666250
Kootenay Gold KTN 654300 654300
PMI Gold PMV 396000 395347
Silverstone Resources SST 385243 375243
Amerix Precious Met APM 300100 300000
Largest decrease in short position
Crowflight Minerals CML 0 3860000
Gold Wheaton Gold GLW 669473 -580200
Hathor Exploration HAT 14200 -452300
Western Lithium Cda WLC 0 -304500
Southern Arc Minerals SA 0 -280200
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