Short Position Report

TSX ShortPositions                
                 
Short positions outstanding at Sept. 30/11 (with changes from Sept. 15/11).
                 
Largest Short Positions                
                 
Security Ticker Total Short Change          
Quadra FNX  QUX 29741987 8401826          
New Gold  NGD 29537085 211485          
Osisko Mining  OSK 26439914 414697          
Uranium One  UUU 26306414 225076          
Semafo  SMF 23041349 1049475          
Lundin Mining  LUN 19721060 3095127          
Kinross Gold  K 15100697 8088338          
Thompson Creek  TCM 14694260 -1700394          
Great Basin Gold  GBG 11617079 -800948          
Alacer Gold  ASR 11317066 919237          
Grande Cache Coal  GCE 11309910 -529322          
Aurico Gold AUQ 10263475 1233412          
Teck Resources  TCK.B 10150103 -1630109          
Barrick Gold  ABX 10001023 3637432          
Dundee Precious  DPM 7545550 275420          
                 
Largest Increase in Short Position                
                 
Security Ticker Total Short Change          
Quadra FNX  QUX 29741987 8401826          
Kinross Gold  K 15100697 8088338          
Silver Wheaton  SLW 5868467 3767470          
Barrick Gold  ABX 10001023 3637432          
Lundin Mining LUN 19721060 3095127          
                 
Largest Decrease in Short Position                
                 
Security Ticker Total Short Change          
Eldorado Gold ELD 6545986 -4140609          
Yamana Gold  YRI 2814935 -3587810          
Banro  BAA 706962 -2482682          
Iamgold  IMG 2677153 -2200529          
Inmet Mining  IMN 774497 -1787539          
                 
TSX Venture Short Positions                
                 
Short positions outstanding at Sept. 30/11 (with changes from Sept. 15/11)
                 
Largest Short Positions                
                 
Security Ticker Total Short Change          
Great Western  GWG 4427979 44849          
Luna Gold  LGC 3020000 1580460          
Sandstorm Gold  SSL 2991556 -423400          
Victoria Gold  VIT 1549815 500242          
Arcan Resources  ARN 788616 686500          
Eastcoal  ECX 783100 783100          
Quest Rare Min QRM 565079 -137368          
Silver Quest  SQI 560076 24093          
Levon Resources  LVN 547833 -52567          
Majescor Resources  MJX 525312 -72168          
Century Mining  CMM 516536 -82778          
Roxgold  ROG 497605 -819230          
Aurcana  AUN 465975 -46254          
Copper Fox Metals  CUU 421645 -289744          
Trelawney Mining  TRR 419220 -553771          
                 
Largest Increase in Short Position                
                 
Security Ticker Total Short Change          
Luna Gold  LGC 3020000 1580460          
Eastcoal  ECX 783100 783100          
Arcan Resources  ARN 788616 686500          
Victoria Gold  VIT 1549815 500242          
Sandstorm Gold  SSL.WT 345500 345385          
                 
Largest Decrease in Short Position                
                 
Security Ticker Total Short Change          
Foran Mining  FOM 0 -2000000          
Largo Resources  LGO 17644 -1255897          
Galway Resources  GWY 158910 -965934          
Roxgold  ROG 497605 -819230          
Dorato Resources  DRI 77000 -757500          
                 
                 
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