TSE Short Positions (December 17, 2001)

Short positions outstanding at November 30, 2001

Larger individual positions include:

Agnico-Eagle 1,905,785 up 949,900; Alcan Inc; P> 1,460,722 up 371,386; Barrick Gold 10,815,328 up 155,839; Boliden 6,058,106 up 2,381,193; Breakwater 517,500 up 195,400; Crystallex 140,458 up 123,059; Franco-Nevada 3,540,793 down 449,715; Goldcorp 1,806,234 down 127,863; Inco 10,786,792 up 1,126,009; Kinross Gold 3,707,057 down 1,260,077; Meridian 4,001,862 up 160,730; Namibian 242,000 up 84,000; National Gold 100,500 up 83,500; Noranda 1,930,711 up 157,366; Placer Dome 1,616,936 down 223,087; Richmont Mines 275,800 up 275,800; Rio Alto 2,965,318 up 375,509; Sherritt Int’l 11,035121 down 283,750; Solitario 596,700 up 596,700; Suncor 1,250,951 up 176,502; Teck Cominco Cl ‘B’,7,707,693 up 587,528; Tiomin 921,500 up 921,500.