Short Position Report

Short positions outstanding at Oct.31/14 (with changes from Oct.15/14).

TSX Short Positions                
                 
Largest Short Positions                
                 
Security Ticker Total Short Change          
Lundin Mining  LUN 63706841 1989716          
New Gold  NGD 32114906 1272778          
B2Gold BTO 28133667 -6470543          
Kinross Gold K 23343970 -8474156          
Yamana Gold YRI 19883862 5608477          
Detour Gold DGC 19879289 -299799          
Eldorado Gold ELD 19436081 8664792          
Tahoe Resources THO 15464183 -91147          
PotashCorp POT 14917971 7385349          
Argonaut Gold AR 13114970 100543          
Barrick Gold ABX 12465858 -15312526          
Cameco CCO 12391964 4557451          
Dundee Pr Mtl DPM 11513587 1443301          
First Majestic Slv FR 11483712 818854          
First Quantum  FM 11101520 2350642          
                 
Largest Increase in Short Position                
                 
Security Ticker Total Short Change          
Eldorado Gold  ELD 19436081 8664792          
PotashCorp POT 14917971 7385349          
Yamana Gold YRI 19883862 5608477          
Cameco  CCO 12391964 4557451          
Iamgold IMG 5029735 2707293          
                 
Largest Decrease in Short Position                
                 
Security Ticker Total Short Change          
Barrick Gold ABX 12465858 -15312526          
Kinross Gold K 23343970 -8474156          
B2Gold BTO 28133667 -6470543          
Silver Wheaton SLW 8687754 -1738349          
Teck Resources TCK.B 6008798 -1345260          
                 
TSX Venture Short Positions                
                 
Largest Short Positions                
                 
Security Ticker Total Short Change          
Roxgold  ROG 1284162 760300          
True Gold Mining  TGM 478042 451200          
Vulcan Minerals VUL 283000 283000          
Red Eagle Mining RD 274500 274500          
Zenyatta Ventures ZEN 273709 -200          
Graphite One Res. GPH 250000 -104500          
Discovery Ventures DVN 235000 2500          
Atac Resources ATC 210448 107300          
Niocorp Developments NB 188536 155700          
Lomiko Metals LMR 134000 92000          
North Arrow Minerals NAR 133000 133000          
Northern Graphite  NGC 132452 -185400          
Bear Creek Mining BCM 126853 -39397          
Mason Graphite LLG 125000 -12500          
Commerce Res. CCE 121000 -57000          
                 
Largest Increase in Short Position                
                 
Security Ticker Total Short Change          
Roxgold  ROG 1284162 760300          
True Gold Mining TGM 478042 451200          
Vulcan Minerals VUL 283000 283000          
Red Eagle Mining RD 274500 274500          
Niocorp Developments NB 188536 155700          
                 
Largest Decrease in Short Position                
                 
Security Ticker Total Short Change          
African Metals AFR 0 -1517700          
Aurcana  AUN 13502 -1217370          
Robex Res. RBX 0 -812000          
Quaterra Res. QTA 0 -486000          
Agriminco  ANO 0 -440000          
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