Short Position Report

TSX Short Positions                
                 
Short positions outstanding at Mar. 31/12 (with changes from Mar. 15/12).
                 
Largest Short Positions                
                 
Security Ticker Total Short Change          
Lundin Mining  LUN 41324762 6252449          
New Gold  NGD 39522246 4138275          
Osisko Mining  OSK 25237581 6178593          
Great Basin Gold  GBG 24146251 10499584          
Uranium One  UUU 16253165 -575257          
Thompson Creek  TCM 16178524 289137          
Eldorado Gold  ELD 15099200 -11503756          
Tahoe Resources  THO 13037372 3138099          
Argonaut Gold  AR 12823562 1684843          
Alacer Gold  ASR 12430569 -523606          
Mercator Minerals  ML 9941479 209791          
Aurico Gold  AUQ 9614540 444886          
Ivanhoe Mines IVN 9537282 1793385          
Dundee Precious  DPM 9221561 540048          
Detour Gold  DGC 8636619 397664          
                 
Largest Increase in Short Position                
                 
Security Ticker Total Short Change          
Great Basin Gold  GBG 24146251 10499584          
Lundin Mining  LUN 41324762 6252449          
Osisko Mining  OSK 25237581 6178593          
Cameco  CCO 8070348 4929329          
New Gold  NGD 39522246 4138275          
                 
Largest Decrease in Short Position                
                 
Security Ticker Total Short Change          
Eldorado Gold  ELD 15099200 -11503756          
Iamgold  IMG 1509550 -4321536          
Potash Corporation  POT 3213911 -3245466          
First Quantum  FM 2995873 -3231325          
Guyana Goldfields  GUY 1376806 -3164275          
                 
TSX Venture Short Positions                
                 
Short positions outstanding at Mar. 31/12 (with changes from Mar. 15/12)
                 
Largest Short Positions                
                 
Security Ticker Total Short Change          
Sandstorm Gold  SSL 8170505 1578771          
Aurcana  AUN 7271406 1122044          
Great Western Min  GWG 3573437 -912624          
Unigold  UGD 2697000 1024500          
Tolima Gold  TOM 2695628 2695628          
Merc International Min MRK 1897660 168300          
Hudson Resources  HUD 1588967 1586950          
Mega Precious Metals  MGP 1158986 -1515154          
Sandspring Resources  SSP 1152472 716942          
Beaufield Resources BFD 757000 177000          
Argex Mining  RGX 751009 567326          
Metanor Resources  MTO 611456 17779          
Roxgold  ROG 603600 -389200          
Majescor Resources  MJX 600563 -7802          
Panoro Minerals  PML 575360 154010          
                 
Largest Increase in Short Position                
                 
Security Ticker Total Short Change          
Tolima Gold  TOM 2695628 2695628          
Hudson Resources  HUD 1588967 1586950          
Sandstorm Gold  SSL 8170505 1578771          
Aurcana  AUN 7271406 1122044          
Unigold  UGD 2697000 1024500          
                 
Largest Decrease in Short Position                
                 
Security Ticker Total Short Change          
Mega Precious Metals  MGP 1158986 -1515154          
Midlands Minerals  MEX 5191 -1112225          
Great Western Min GWG 3573437 -912624          
Storm Resources  SRX 121703 -815937          
Verde Potash  NPK 153594 -750724          
                 
                 
                 
                 
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