Short Position Report (December 04, 2009)

TSX Short Positions
Short positions outstanding at Nov. 30/09 (with changes from Nov. 15/09).
Largest Short Positions
Security Ticker Total Short Change
Teck Resources  TCK.B 24036894 -1048728
Great Basin Gold  GBG 19095798 732825
Eldorado Gold  ELD 16966031 1240970
Ivanhoe Mines  IVN 15761063 -738354
Red Back Mining  RBI 14817265 -925028
Lundin Mining  LUN 14469180 -271125
Thompson Creek Metals  TCM 13920265 -610155
Hudbay Minerals  HBM 9907098 -88028
Oromin Explorations  OLE 8119900 8105400
Kinross Gold  K 7433494 922280
Uranium One  UUU 7348032 -742414
Yamana Gold  YRI 7042111 613572
Mercator Minerals  ML 6436885 6847
Breakwater Resources  BWR 5211700 -964500
Pan American Silver  PAA 5100337 926560
Largest Increase in Short Position
Security Ticker Total Short Change
Oromin Explorations  OLE 8119900 8105400
Baffinland Iron Mines  BIM 2015700 1818500
Eldorado Gold  ELD 16966031 1240970
Crescent Gold  CRA 1000000 1000000
Pan American Silver  PAA 5100337 926560
Largest Decrease in Short Position
Security Ticker Total Short Change
Osisko Mining  OSK 944329 -21588969
Lake Shore Gold  LSG 578413 -3750545
Central Fund Of Canada  CEF.A 251691 -3099580
Starfield Resources  SRU 108900 -2267750
Barrick Gold  ABX 2738148 -1822510
TSX Venture Short Positions
Short positions outstanding at Nov. 30/09 (with changes from Nov. 15/09).
Largest Short Positions
Security Ticker Total Short Change
Romarco Minerals  R 4786100 903651
Avion Gold  AVR 3941500 3939500
Hathor Exploration HAT 1737600 66900
Hawk Uranium  HUI 1510250 1510250
Oro Gold Resources  OGR 1440000 -9818
Noront Resources  NOT 1426000 454500
Galway Resources  GWY 856500 250800
Terrane Metals  TRX 748000 242000
Encore Renaissance  EZ 737500 666659
Allana Resources  AAA 630356 -1620514
Gleichen Resources  GRL 629700 -99100
San Gold Corporation SGR 624123 109223
Canaco Resources  CAN 460000 456000
Southern Pacific  STP 447669 27469
KWG Resources  KWG 432000 432000
Largest Increase in Short Position
Security Ticker Total Short Change
Avion Gold  AVR 3941500 3939500
Hawk Uranium  HUI 1510250 1510250
Romarco Minerals  R 4786100 903651
Encore Renaissance  EZ 737500 666659
Canaco Resources  CAN 460000 456000
Largest Decrease in Short Position
Security Ticker Total Short Change
Allana Resources  AAA 630356 -1620514
Medoro Resources  MRS 17400 -1474326
Bear Creek Mining  BCM 252151 -1343556
Gold World Resources  GDW 50000 -590000
Ucore Uranium  UCU 92011 -253489          
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