TSX Venture Shorts (January 03, 2005)

Short positions outstanding at Dec. 15, 2004 (change from Nov. 30).

Largest short positionsChange

OntZinc 8591071 1618571
Chariot Resources 1145500 554500
NEMI Northern Energ Min 838422 570822
Cline Mining 652600 90800
Canalaska Ventures 507000 -18050
JNR Resources 477000 222491
Frontier Pacific Min 431550 49400
Crowflight Minls 428600 0
Augusta Resource 365183 365183
Messina Minerals 361000 361000
Majescor Resources 290000 0
Expatriate Res 277000 -41500
Minera Andes 276378 -88064
Northern Contl Res 260000 -93500
Adobe Ventures 250000 -50000
Largest increases in short position
OntZinc Corporation 8591071 1618571
NEMI Northern Energ Min 838422 570822
Chariot Resources 1145500 554500
Augusta Resource 365183 365183
Messina Minerals 361000 361000
Largest decreases in short position
Tyler Resources 42500 -401500
KWG Resources 18900 -380000
Skeena Resources 86500 -222000
Odessa Gold 0 -197500
Northern Dynasty Minls 20300 -189200

Legend

C– CNQ trading & quotation system

N– New York Stock Exchange

O– U.S. over-the-counter

Q– NASDAQ or U.S. OTC

T– Toronto Stock Exchange

V– TSX Venture Exchange

X– American Stock Exchange

*– Denotes price in U.S.$

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