Short Position Report

TSX Short Positions                
                 
Short positions outstanding at Nov.15/14 (with changes from Oct.31/14).
                 
Largest Short Positions                
                 
Security Ticker Total Short Change          
Lundin Mining  LUN 67632951 3926110          
New Gold NGD 32490584 375678          
PotashCorp POT 31295456 16377485          
Kinross Gold K 27994314 4650344          
Yamana Gold YRI 24449509 4565647          
B2Gold BTO 21752296 -6381371          
Detour Gold DGC 19484077 -395212          
Eldorado Gold ELD 18630873 -805208          
Tahoe Res. THO 15437987 -26196          
Teck Resources TCK.B 14562734 8553936          
Argonaut Gold AR 13460024 345054          
First Quantum  FM 13439056 2337536          
Cameco  CCO 12733691 341727          
Barrick Gold ABX 11703211 -762647          
First Majestic Silver FR 11682211 198499          
                 
Largest Increase in Short Position                
                 
Security Ticker Total Short Change          
PotashCorp POT 31295456 16377485          
Teck Resources TCK.B 14562734 8553936          
Kinross Gold K 27994314 4650344          
Yamana Gold YRI 24449509 4565647          
Lundin Mining  LUN 67632951 3926110          
                 
Largest Decrease in Short Position                
                 
Security Ticker Total Short Change          
B2Gold BTO 21752296 -6381371          
Iamgold  IMG 1849398 -3180337          
Rio Alto Mining RIO 1082901 -1052944          
Denison Mines  DML 2272919 -973947          
Capstone Mining CS 1021354 -833006          
                 
TSX Venture Short Positions                
                 
Short positions outstanding at Nov.15/14 (with changes from Oct.31/14).
                 
Largest Short Positions                
                 
Security Ticker Total Short Change          
Roxgold  ROG 7264762 5980600          
Nemaska Lithium  NMX 927800 917500          
Purepoint Uranium PTU 656800 656800          
Contact Exploration CEX 481000 -77000          
African Queen Mines AQ 400000 400000          
Graphite One Res. GPH 325000 75000          
Discovery Ventures DVN 290000 55000          
Zenyatta Ventures ZEN 270809 -2900          
Elkwater Resources ELW 244190 -859010          
Nexgen Energy NXE 213800 190000          
Niocorp Develop. NB 178436 -10100          
Bear Creek Mining BCM 167850 40997          
Northern Graphite NGC 151652 19200          
Ethos Gold ECC 151000 151000          
Athabasca Uranium UAX 132000 132000          
                 
Largest Increase in Short Position                
                 
Security Ticker Total Short Change          
Roxgold ROG 7264762 5980600          
Nemaska Lithium NMX 927800 917500          
Purepoint Uranium PTU 656800 656800          
African Queen Mines AQ 400000 400000          
Nexgen Energy NXE 213800 190000          
                 
Largest Decrease in Short Position                
                 
Security Ticker Total Short Change          
True Gold Mining TGM 39042 -439000          
Red Eagle Mining RD 3000 -271500          
Atac Resources ATC 40148 -170300          
Lomiko Metals LMR 0 -134000          
North Arrow Min.  NAR 0 -133000          
                 
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