Short Position Report

TSX Short Positions                
                 
Short positions outstanding at Mar. 15/12 (with changes from Feb. 28/12).
                 
Largest Short Positions                
                 
Security Ticker Total Short Change          
New Gold  NGD 35383971 2077531          
Lundin Mining  LUN 35072313 7254191          
Eldorado Gold  ELD 26602956 4251493          
Osisko Mining  OSK 19058988 -419428          
Uranium One  UUU 16828422 -890477          
Thompson Creek  TCM 15889387 1990499          
Great Basin Gold  GBG 13646667 5874182          
Alacer Gold  ASR 12954175 212033          
Argonaut Gold  AR 11138719 -15076          
Tahoe Resources  THO 9899273 223485          
Mercator Minerals  ML 9731688 65043          
Aurico Gold  AUQ 9169654 147586          
Dundee Precious  DPM 8681513 238979          
Barrick Gold  ABX 8626513 3085323          
Agnico-Eagle  AEM 8282529 317056          
                 
Largest Increase in Short Position                
                 
Security Ticker Total Short Change          
Lundin Mining  LUN 35072313 7254191          
Great Basin Gold  GBG 13646667 5874182          
Eldorado Gold  ELD 26602956 4251493          
Barrick Gold  ABX 8626513 3085323          
Teck Resources  TCK.B 6676898 2612830          
                 
Largest Decrease in Short Position                
                 
Security Ticker Total Short Change          
Yamana Gold  YRI 4471849 -7133555          
First Quantum  FM 6227198 -4075376          
Cameco  CCO 3141019 -3411732          
Franco-Nevada  FNV 1284456 -2278408          
Kinross Gold  K 6381719 -1564862          
                 
TSX Venture Short Positions                
                 
Short positions outstanding at Mar. 15/12 (with changes from Feb. 29/12)
                 
Largest Short Positions                
                 
Security Ticker Total Short Change          
Sandstorm Gold  SSL 6591734 -239784          
Aurcana  AUN 6149362 1361537          
Great Western Minerals  GWG 4486061 1176799          
Mega Precious Metals  MGP 2674140 -1994816          
Merc International  MRK 1729360 1728820          
Unigold  UGD 1672500 416500          
Midlands Minerals  MEX 1117416 -513934          
Roxgold  ROG 992800 273400          
Verde Potash  NPK 904318 223100          
Tyhee Gold  TDC 663000 663000          
Majescor Res MJX 608365 593200          
Metanor Res MTO 593677 -12556          
Beaufield Res BFD 580000 510000          
Energold Drilling  EGD 531560 -22910          
Emgold Mining  EMR 500000 192000          
                 
Largest Increase in Short Position                
                 
Security Ticker Total Short Change          
Merc International  MRK 1729360 1728820          
Aurcana  AUN 6149362 1361537          
Great Western Minerals  GWG 4486061 1176799          
Tyhee Gold  TDC 663000 663000          
Majescor Res MJX 608365 593200          
                 
Largest Decrease in Short Position                
                 
Security Ticker Total Short Change          
Mega Precious Metal MGP 2674140 -1994816          
Probe Mines  PRB 188307 -1551340          
Goldbrook Ventures  GBK 0 -1222000          
Niogold Mining  NOX 25000 -1061591          
Prodigy Gold  PDG 24051 -518911          
                 
                 
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