Short Position Report

Short positions outstanding on May 15/13 (with changes from Apr. 30/13).

TSX Short Positions                
                 
Largest Short Positions                
                 
Security Ticker Total Short Change          
Lundin Mining LUN 68913359 1108786          
New Gold  NGD 51026149 832186          
Kinross Gold  K 48976154 19759869          
Osisko Mining  OSK 43053287 -867961          
Eldorado Gold  ELD 33163527 23856709          
Yamana Gold  YRI 27397747 5494051          
First Quantum  FM 27107633 15953070          
Turquoise Hill  TRQ 27089245 923369          
Dundee Precious  DPM 23879200 -82006          
Potash Corp. POT 20402111 12119269          
Thompson Creek  TCM 20394776 -1054748          
Tahoe Resources  THO 18476117 -806126          
Cameco  CCO 17731706 9987808          
Teck Resources  TCK.B 12843074 6196549          
Iamgold IMG 12673298 4643010          
                 
Largest Increase in Short Position                
                 
Security Ticker Total Short Change          
Eldorado Gold  ELD 33163527 23856709          
Kinross Gold  K 48976154 19759869          
First Quantum  FM 27107633 15953070          
Potash Corp. POT 20402111 12119269          
Cameco  CCO 17731706 9987808          
                 
Largest Decrease in Short Position                
                 
Security Ticker Total Short Change          
Denison Mines  DML 1077292 -4754347          
Barrick Gold  ABX 4358895 -4300028          
Banro  BAA 2147354 -4115227          
Silver Wheaton  SLW 4269001 -3888931          
B2gold  BTO 7230610 -1826477          
                 
TSX Venture Short Positions                
                 
Largest Short Positions                
                 
Security Ticker Total Short Change          
Barkerville Gold  BGM 2308815 -81400          
Kilo Goldmines  KGL 2000000 1900679          
Great Western  GWG 1372500 121400          
Alpha Minerals  AMW 834697 -406000          
Monarques  MQR 834000 834000          
Northern Shield  NRN 683500 683500          
Zenyatta Ventures  ZEN 535437 -17163          
Aldrin Resource  ALN 526000 526000          
Majestic Gold  MJS 523953 -87847          
Nevada Sunrise  NEV 521000 521000          
Pacific Potash  PP 504000 4000          
Bitterroot Resources  BTT 400000 400000          
Argex Titanium  RGX 395400 -5700          
Avanti Mining  AVT 260000 260000          
Unigold  UGD 257623 -10000          
                 
Largest Increase in Short Position                
                 
Security Ticker Total Short Change          
Kilo Goldmines  KGL 2000000 1900679          
Monarques  MQR 834000 834000          
Northern Shield  NRN 683500 683500          
Aldrin Resource  ALN 526000 526000          
Nevada Sunrise  NEV 521000 521000          
                 
Largest Decrease in Short Position                
                 
Security Ticker Total Short Change          
Ucore Rare Metals  UCU 208300 -1591200          
Red Tiger Mining  RMN 972 -791374          
Amseco  AEL 147 -595000          
Alpha Minerals  AMW 834697 -406000          
Robex Resources  RBX 0 -384000          
                 
                 
                 
                 
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