Short Position Report (February 25, 2008)

TSX Short Positions
Short positions outstanding at Feb. 15/08 (with changes from Jan. 31/08).
Largest Short Positions
Security Ticker Total Short Change
Yamana Gold YRI 25001325 838304
Kinross Gold K 23388773 648820
Uranium One UUU 22116642 -1092212
Lundin Mining LUN 20643311 104738
Cameco CCO 19734952 252990
Eastern Plat ELR 18156350 583417
Silver Wheaton ` 10574152 -2115542
Equinox Min EQN 10173796 -11653
Iamgold IMG 10087905 -547319
Barrick Gold ABX 8917387 428696
Teck Cominco TCK.B 8547286 -277904
Thompson Creek TCM 8508653 -451328
Gabriel Res GBU 7221851 6585478
Bre
akwater Res
BWR 6948646 -1614933
Ivanhoe Mines IVN 6916381 -4337371
Largest Increase in Short Position
Security Ticker Total Short Change
Gabriel Res GBU 7221851 6585478
Redcorp RDV 4891500 4637500
New Gold NGD.WT 3657000 3630000
UEX Corp UEX 3869677 3382052
Semafo SMF 2900699 2719313
Largest Decrease in Short Position
Security Ticker Total Short Change
Ivanhoe Mines IVN 6916381 -4337371
Eldorado Gold ELD 3260681 -2544620
Goldnev Res GNZ 920000 -2124216
Silver Wheaton SLW 10574152 -2115542
Hudbay Min HBM 3218935 -1965057
TSX Venture Short Positions
Short positions outstanding at Feb. 15/08 (with changes from Jan. 31/08).
Largest Short Positions
Security Ticker Total Short Change
Andean American AAG 55000 25000
Abitibi Mining ABB 29000 29000
Abitex Resouces ABE 282 282
Abcourt Mines ABI 8126 8126
Athabasca Min ABM 1000 -68500
Cons. Abaddon ABN 130000 100000
Adriana Res ADI 50500 0
Diagnos ADK 0 -296
Andina Min ADM 692710 -146800
Africa West Min AFW 16460 16460
Amarillo Gold AGC 2000 2000
African Gold AGG 6200 0
Amador Gold AGX 110000 7000
American Copper AJ 0 -10000
Acrex Ven AKV 2500 2500
Largest Increase in Short Position
Security Ticker Total Short Change
New Guinea Gold NGG 2097553 2096445
Quinto Mining QU 1402500 1081500
Sage Gold SGX 1925804 1073000
Peak Gold PIK 7290500 985261
Creston Moly CMS.WT 860000 860000
Largest Decrease in Short Position
Security Ticker Total Short Change
Goldnev Res GNZ 920000 -2124216
KWG Res KWG 393900 -1189000
Forest Gate Res FGT 100000 -999881
Tyler Res TYS 0 -750000
Lateegra Gold LRG 0 -511500
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