TSX VENTURE SHORT POSITIONS (May 10, 2010)

Short positions outstanding at Apr 15/10 (with changes from Mar. 31/10).

Largest short positions
Terrane Metals TRX 4756051 2655151
Romarco Minerals R 2393099 -1535700
Avion Gold AVR 2052500 1999663
Iberian Minerals IZN 1502000 1492850
Sandstorm Resources SSL 1221000 4500
Gold Bullion Develp GBB 998536 378536
Spider Resources SPQ 983771 963771
San Gold SGR 930800 27160
Rainy River Resources RR 784700 3600
Noront Resources NOT 777000 22800
Eagle Hill Exploration EAG 750100 -249900
Quaterra Resources QTA 745100 -59500
Andina Minerals ADM 694700 247600
Pan American PL 622000 -375000
Pinnacle Mines PNL 593912 593912
Largest increase in short position
Terrane Metals TRX 4756051 2655151
Avion Gold AVR 2052500 1999663
Iberian Minerals IZN 1502000 1492850
Spider Resources SPQ 983771 963771
Pinnacle Mines PNL 593912 593912
Largest decrease in short position
St. Elias Mines SLI 58700 -1612600
Romarco Minerals R 2393099 -1535700
Sandstorm Resources SSL. WT 0 -672000
North American Gem NAG 152000 -645000
Bralorne Gold Mines BPM 10000 -392500
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