Short Position Report

TSX Short Positions                
                 
Short positions outstanding at Dec. 15/11 (with changes from Nov. 30/11).
                 
Largest Short Positions                
                 
Security Ticker Total Short Change          
New Gold  NGD 30307839 -1190024          
Quadra FNX  QUX 25196984 -2168740          
Semafo  SMF 24382694 -1164800          
Lundin Mining  LUN 20463259 -2783647          
Osisko Mining  OSK 16568972 -422685          
Uranium One  UUU 15750044 -527803          
Kinross Gold  K 14539593 -2288667          
Alacer Gold  ASR 13924449 108008          
Thompson Creek  TCM 13227645 -597723          
Grande Cache Coal  GCE 10606979 318910          
Detour Gold  DGC 8568299 -63674          
Silver Wheaton  SLW 8488352 2954555          
Dundee Precious  DPM 8297554 -260913          
First Quantum  FM 7655074 -72057          
Ivanhoe Mines  IVN 7319925 327619          
                 
Largest Increase in Short Position                
                 
Security Ticker Total Short Change          
Silver Wheaton  SLW 8488352 2954555          
Agnico-Eagle  AEM 2763606 1517814          
Barrick Gold  ABX 6899750 1420365          
Canadian Zinc  CZN 2033800 1111050          
Mercator Minerals  ML 6893935 1036365          
                 
Largest Decrease in Short Position                
                 
Security Ticker Total Short Change          
Lundin Mining  LUN 20463259 -2783647          
Cameco CCO 6522692 -2319382          
Kinross Gold  K 14539593 -2288667          
Quadra FNX  QUX 25196984 -2168740          
Carpathian  CPN 208406 -1820877          
                 
TSX Venture Short Positions                
                 
Short positions outstanding at Dec. 15/11 (with changes from Nov. 30/11)
                 
Largest Short Positions                
                 
Security Ticker Total Short Change          
Mega Precious  MGP 3966750 180564          
Sandstorm Gold  SSL 3637651 -103950          
Great Western  GWG 3329930 -727145          
Aurcana  AUN 1574798 -1295005          
Pelangio Expl PX 1552963 839200          
Roxgold  ROG 1360900 -170300          
Calibre Mining  CXB 1050000 1049500          
Probe Mines PRB 641070 132901          
Silvercrest Mines SVL 572012 -7800          
Emgold Mining  EMR 426000 42000          
Gold Canyon  GCU 412820 4700          
Midway Gold  MDW 409837 165050          
Balmoral Resources  BAR 401300 377533          
Kaminak Gold  KAM 394672 -39000          
Cream Minerals  CMA 351500 -284299          
                 
Largest Increase in Short Position                
                 
Security Ticker Total Short Change          
Calibre Mining  CXB 1050000 1049500          
Pelangio Expl  PX 1552963 839200          
Balmoral Res  BAR 401300 377533          
Sunward Res  SWD 264900 264900          
North American Gem  NAG 244000 243708          
                 
Largest Decrease in Short Position                
                 
Security Ticker Total Short Change          
Aurcana  AUN 1574798 -1295005          
Habanero Res HAO 0 -927457          
Great Western Min  GWG 3329930 -727145          
Corex Gold  CGE 157990 -444910          
Atlanta Gold  ATG 264 -400000          
                 
                 
                 
                 
                 
                 
                 
                 
                 
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