TSE SHORTS (June 16, 1997)

Short positions outstanding at May 31, 1997

Larger individual positions included: Barrick Gold 12,118,753, up 391,400; Ashton Mining of Canada 110,000, down 104,722; Adex Mining 106,000, down 204,000; Antares Mining & Expl 207,000; Asia Pacific 120,600; Anvil Range Mining 699,200; Beau Canada 150,927; Bema Gold 4,453,686; Campbell Resources 2,390,090; Cominco 248,200; Dayton Mining 2,180,250, up 313,200; Dakota Mining 226,900; Eldorado Gold 1,289,100; Falconbridge 114,300; Franco-Nevada Mining 453,302, up 67,836; Geomaque 147,805; Golden Rule 101,300; Greenstone 2,505,008, up 160,700; Inmet Mining 718,073, up 128,300; Kinross Gold 813,872, down 56,855; Lytton Minerals 102,500; Meridian Gold 517,800; Inco 5,226,724; Noranda 1,569,990; Placer Dome 2,546,143; Pegasus Gold 104,600; Princeton Mining 1,635,500; Pure Gold 826,000, down 727,500; Queenstake Resources 260,900; Rea Gold 290,600; Rio Algom 1,071,350, up 51,300; SouthernEra Resources 175,400; TVX Gold 842,549; Upton Resources 227,500; Vengold 312,200, up 71,500; William Resources 4,243,970, down 1,345,706; World Wide Minerals 61,600, down 139,500; Yamana Resources 115,400, down 98,800.