Short Position Report

Short positions outstanding at Nov.15/15 (with changes from Oct.31/15).

TSX Short Positions
Short positions outstanding at Nov.15/15  (with changes from Oct.31/15).
Largest Short Positions
Security	Ticker	Total Short	Change
Lundin Mining	LUN	39088920	121212
First Quantum	FM	35734602	1643492
New Gold	NGD	32870049	1575962
PotashCorp	POT	28520036	-1916895
Kinross Gold	K	27676875	267422
B2Gold	BTO	25841702	720251
Teck Resources	TCK.B	19383499	433356
Yamana Gold	YRI	18990513	1421958
Barrick Gold	ABX	14542304	-890385
Thompson Crk Mtl	TCM	12362437	99475
Eldorado Gold	ELD	10949746	-250055
Paramount Res.	POU	9539282	-375456
Detour Gold	DGC	9281424	-378632
Copper Mountain Mining	CUM	8801992	128150
Torex Gold	TXG	7903495	-155508
Largest Increase in Short Position
Security	Ticker	Total Short	Change
First Quantum	FM	35734602	1643492
New Gold	NGD	32870049	1575962
Yamana Gold	YRI	18990513	1421958
B2Gold	BTO	25841702	720251
Teck Resources	TCK.B	19383499	433356
Largest Decrease in Short Position
Security	Ticker	Total Short	Change
Sandstorm Gold	SSL	1966530	-3074136
PotashCorp	POT	28520036	-1916895
Denison Mines	DML	3541736	-1268914
Goldcorp	G	5789628	-1164343
Lake Shore Gold	LSG	3336874	-1125095
TSX Venture Short Positions
Short positions outstanding at Nov.15/15  (with changes from Oct.31/15).
Largest Short Positions
Security	Ticker	Total Short	Change
First Mining Finance	FF	5735059	2687659
Nippon Dragon Res.	NIP	1553000	-122000
Nemaska Lithium	NMX	1024879	1011479
Sunridge Gold	SGC	916000	915600
Equitas Resources	EQT	768000	256300
Gold Reserve	GRZ	580300	90500
Golden Dawn Min.	GOM	521000	519800
Zenyatta Ventures	ZEN	289000	-14000
Alabama Graphite	ALP	283500	14700
Aldever Resources	ALD	274500	264500
Majestic Gold	MJS	232000	-1107000
Storm Resources	SRX	223518	-19300
Kilo Gold Mines	KGL	216100	216100
Nexgen Energy	NXE	205458	-165542
Roxgold	ROG	203881	-14600
Largest Increase in Short Position
Security	Ticker	Total Short	Change
First Mining Finance	FF	5735059	2687659
Nemaska Lithium	NMX	1024879	1011479
Sunridge Gold	SGC	916000	915600
Golden Dawn Min.	GOM	521000	519800
Aldever Res.	ALD	274500	264500
Largest Decrease in Short Position
Security	Ticker	Total Short	Change
Majestic Gold	MJS	232000	-1107000
PC Gold	PKL	0	-988000
Bonterra Res.	BTR	0	-450000
Falco Res.	FPC	1000	-284000
Georox Res.	GXR	700	-232500

TSX Short Positions
Short positions outstanding at Nov.15/15  (with changes from Oct.31/15).
Largest Short Positions
Security	Ticker	Total Short	Change
Lundin Mining	LUN	39088920	121212
First Quantum	FM	35734602	1643492
New Gold	NGD	32870049	1575962
PotashCorp	POT	28520036	-1916895
Kinross Gold	K	27676875	267422
B2Gold	BTO	25841702	720251
Teck Resources	TCK.B	19383499	433356
Yamana Gold	YRI	18990513	1421958
Barrick Gold	ABX	14542304	-890385
Thompson Crk Mtl	TCM	12362437	99475
Eldorado Gold	ELD	10949746	-250055
Paramount Res.	POU	9539282	-375456
Detour Gold	DGC	9281424	-378632
Copper Mountain Mining	CUM	8801992	128150
Torex Gold	TXG	7903495	-155508
Largest Increase in Short Position
Security	Ticker	Total Short	Change
First Quantum	FM	35734602	1643492
New Gold	NGD	32870049	1575962
Yamana Gold	YRI	18990513	1421958
B2Gold	BTO	25841702	720251
Teck Resources	TCK.B	19383499	433356
Largest Decrease in Short Position
Security	Ticker	Total Short	Change
Sandstorm Gold	SSL	1966530	-3074136
PotashCorp	POT	28520036	-1916895
Denison Mines	DML	3541736	-1268914
Goldcorp	G	5789628	-1164343
Lake Shore Gold	LSG	3336874	-1125095
TSX Venture Short Positions
Short positions outstanding at Nov.15/15  (with changes from Oct.31/15).
Largest Short Positions
Security	Ticker	Total Short	Change
First Mining Finance	FF	5735059	2687659
Nippon Dragon Res.	NIP	1553000	-122000
Nemaska Lithium	NMX	1024879	1011479
Sunridge Gold	SGC	916000	915600
Equitas Resources	EQT	768000	256300
Gold Reserve	GRZ	580300	90500
Golden Dawn Min.	GOM	521000	519800
Zenyatta Ventures	ZEN	289000	-14000
Alabama Graphite	ALP	283500	14700
Aldever Resources	ALD	274500	264500
Majestic Gold	MJS	232000	-1107000
Storm Resources	SRX	223518	-19300
Kilo Gold Mines	KGL	216100	216100
Nexgen Energy	NXE	205458	-165542
Roxgold	ROG	203881	-14600
Largest Increase in Short Position
Security	Ticker	Total Short	Change
First Mining Finance	FF	5735059	2687659
Nemaska Lithium	NMX	1024879	1011479
Sunridge Gold	SGC	916000	915600
Golden Dawn Min.	GOM	521000	519800
Aldever Res.	ALD	274500	264500
Largest Decrease in Short Position
Security	Ticker	Total Short	Change
Majestic Gold	MJS	232000	-1107000
PC Gold	PKL	0	-988000
Bonterra Res.	BTR	0	-450000
Falco Res.	FPC	1000	-284000
Georox Res.	GXR	700	-232500