TSX Venture Shorts (May 16, 2005)

Short positions outstanding at Apr. 30, 2005 (change from Apr. 15).

Largest short positions Change
Northern Hemisph Dev 909615 -147622
Forest Gate Res 695280 -561120
Minera Andes 690585 122063
Uranium Power 622000 -811975
Augusta Resource 579968 -632
Compliance Energy 558100 -48300
Kensington Resources 498450 86100
Alexis Minerals 490000 175500
Blue Pearl Mining 486600 486600
Freewest Resources 377500 70000
Pine Valley Mining 308800 64800
Taseko Mines 303800 126100
Tyler Resources 282200 240000
Intl Wayside Gold 268000 268000
Quincy Gold 252480 188500

Largest increases in short position

Blue Pearl Mining 486600 486600
Intl Wayside Gold 268000 268000
Tyler Resources 282200 240000
Quincy Gold 252480 188500
Alexis Minerals 490000 175500

Largest decreases in short position

Montello Res 40206 -1074794
Uranium Power 622000 -811975
Canalaska Vent 4000 -753050
Starfield Res 8600 -630100
Forest Gate Res 695280 -561120
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