TSX VENTURE SHORT POSITIONS (April 14, 2008)

Short positions outstanding at Apr. 1/08 (with changes from Mar. 15/08).

Largest Short Positions
Peak Gold PIK 5451900 750000
Kodiak Expl KXL 1427300 23400
Westernzagros WZR 1329890 -18075
VMS Ventures VMS 1102480 -125200
Roca Mines ROK 923800 2190
Sabina Silver SBB 834800 496800
Hathor Explor HAT 819000 168600
Sherwood Copper SWC 814140 -72925
Azteca Gold AZG 750000 730000
Crosshair Expl CXX 733000 208000
U. S. Silver USA 707504 480996
Strongbow SBW 605500 605500
Southern Arc SA 602400 -200
Silverstone SST 585700 -577800
Andina Minerals ADM 553710 0
Largest Increase in Short Position
Peak Gold PIK 5451900 750000
Azteca Gold AZG 750000 730000
Strongbow Expl SBW 605500 605500
Sabina Silver SBB 834800 496800
U. S. Silver USA 707504 480996
Largest Decrease in Short Position
Eaglecrest EEL 160000 – 2173000
New Guinea Gold NGG 799 -646201
Fortuna Silver FVI 232469 -626480
Noront Resources NOT 237100 -600000
Silverstone SST 585700 -577800
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