TSE Short Positions (July 15, 2002)

Short positions outstanding at June 30, 2002

Larger individual positions include

Agnico-Eagle 5,315,262 up 250,485; Alcan 1,887,771 up 399,501; Aurado 360,000 up 99,686; Aurora Platinum 130,300 up 104,400; Barrick 10,990,881 up 116,716; Bema 3,669,140 up 860,090; BrascanCl ‘A’ 1,207,039 down 73,777; Caledonia 509,300 down 283,700; Cambior 2,424,000 up 76,300; Cameco 274,447 up 85,400; Corner Bay Silver 593,600 up 103,600; Dofasco 606,949 down 961,327; Doublestar 136,000 up 95,500; Echo Bay 7,589,879 up 88,551; Eldorado 1,125,810 down 60,400; First Point Minerals 177,857 up 142,857; FNX Mining 166,500 up 85,100; Glamis 1944989 up 243895; Goldcorp Inc. 6,853,778 up 621,215; Golden Star 959,796 up 356,246; Guyana Goldfields 160,479 up 134,210; High River 262,500 up 138,400; Iamgold 1,543,055 up 359,300; Inco 12,933,146 down 663,615; Ivanhoe 272,820 up 51,500; Kinross 5,451,415 down 2,412,200; Lionore 602,679 down 816,500; Mcwatters 4,160,200 up 2,301,100; Meridian 4,196,247 up 372,211; Miramar 607,768 down 1,163,123; Nevsun 340,500 up 104,500; Noranda 1,871,879 up 226,014; Northgate 895,600 down 869,000; Pacific Minerals 183,300 up 89,582; Pan American Silver 1,774,514 up 305,132; Placer Dome 2,742,679 up 562,584; Red Emerald 164,500 down 58,500; Rio Narcea 280,200 up 280,200; Sherritt Int’l 11,109,140 down 52,279; Silver Standard 105,950 down 150,080; St. Andrew Goldfields 175,000 up 75,000; Tan Range 126,875 up 65,496; Teck Cominco Cl ‘B’ 8,304,608 up 511,810; Thistle Mining 158,143 down 150,000; Tri Origin 115,200 up 115,200; TVX Gold 2,575,174 up 312,815; Wheaton River 937,400 up 181,800