Short Position Report

TSX Short Positions                
                 
Short positions outstanding at Feb. 29/12 (with changes from Feb. 15/12).
                 
Largest Short Positions                
                 
Security Ticker Total Short Change          
New Gold NGD 33306440 694324          
Lundin Mining LUN 27818122 4939191          
Eldorado Gold ELD 22351463 16938032          
Osisko Mining OSK 19478416 555023          
Uranium One UUU 17718899 1488587          
Quadra FNX QUX 17255143 -2227562          
Thompson Creek TCM 13898888 438584          
Alacer Gold ASR 12742142 -632616          
Yamana Gold YRI 11605404 -10543617          
Argonaut Gold AR 11153795 273641          
First Quantum FM 10302574 -1236279          
Tahoe Resources THO 9675788 294253          
Mercator Minerals ML 9666645 -3006448          
Aurico Gold AUQ 9022068 3486499          
Detour Gold DGC 8680899 25656          
                 
Largest Increase in Short Position                
                 
Security Ticker Total Short Change          
Eldorado Gold ELD 22351463 16938032          
Lundin Mining LUN 27818122 4939191          
Aurico Gold AUQ 9022068 3486499          
Agnico-Eagle AEM 7965473 2730817          
Champion Minerals CHM 1960721 1796433          
                 
Largest Decrease in Short Position                
                 
Security Ticker Total Short Change          
Kinross Gold K 7946581 -16137634          
Yamana Gold YRI 11605404 -10543617          
Cameco CCO 6552751 -4709279          
Teck Resources TCK.B 4064068 -3866512          
Mercator Minerals ML 9666645 -3006448          
                 
TSX Venture Short Positions                
                 
Short positions outstanding at Feb. 29/12 (with changes from Feb. 15/12)
                 
Largest Short Positions                
                 
Security Ticker Total Short Change          
Sandstorm Gold SSL 6831518 2111558          
Aurcana AUN 4787825 2611846          
Mega Precious Metals MGP 4668956 1160100          
Great Western GWG 3309262 85700          
Probe Mines PRB 1739647 1000296          
Midlands Minerals MEX 1631350 1610750          
Unigold UGD 1256000 1255816          
Goldbrook Ventures GBK 1222000 1191000          
Niogold Mining NOX 1086591 1076591          
Sunward Resources SWD 822000 213155          
Rainbow Resources RBW 722591 622481          
Roxgold ROG 719400 -52300          
Verde Potash NPK 681218 452540          
Metanor Resources MTO 606233 30187          
GTA Resources GTA 580000 332600          
                 
Largest Increase in Short Position                
                 
Security Ticker Total Short Change          
Aurcana AUN 4787825 2611846          
Sandstorm Gold SSL 6831518 2111558          
Midlands Minerals MEX 1631350 1610750          
Unigold UGD 1256000 1255816          
Goldbrook Ventures GBK 1222000 1191000          
                 
Largest Decrease in Short Position                
                 
Security Ticker Total Short Change          
Ethiopian Potash Wt FED.WT 0 -2200000          
Trelawney Mining TRR 22257 -1104399          
Prodigy Gold PDG 542962 -240100          
Argex Mining RGX 191443 -186240          
Cliffmont Resources CMO 0 -150000          
                 
                 
                 
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