Toronto Stock Exchange (March 03, 2008)

The TSX Composite Index closed the Feb. 19- 25 trading period 3.6% higher, at 13,697.45 points as commodities hit new highs.

The Capped Metals and Mining Index jumped 11.5% over the period, up 84.69 points to822.34 after copper reached a 21-month high, closing the period US12 higher at US$3.72 per lb. Nickel rose US22 to US$12.59 per lb.

Spot gold gained 3.7% to U$938.30 per oz., after reaching a high of US$947.50 on Feb. 21; platinum, meanwhile, kept its upward momentum, rising 1.7% or US$35 per oz. to US$2,144 per oz.

Strong gold prices helped the Global Gold Index rise 6%, or 20 points, to 353.79.

In the markets, Uranium Onewas the most actively traded stock and saw the biggest drop over the period, falling 24%, or $1.59, to $5.05 per share on a volume of more than 76 million shares. The company cut its 2008 production forecast by 32% to 3.15 million lbs. U3O8 and lowered its 2009 forecast by 15% to 6.8 million lbs. U3O8. It was the second time Uranium one revised its forecast downward in four months — the original target for 2008 was 7.4 million lbs. U3O8.

Breakwater Resources was the second most actively traded stock, climbing 13 to $1.43 on 42.4 million shares traded. Eastern Platinum was next, with its shares inching up 3 to $3.43 on a trading volume of 39.4 million.

Copper, zinc and gold producer Inmet Mining was the top gainer for the period, soaring $17.44 to $89.87 per share.

Potash Corp. of Saskatchewan was next in line, advancing $14.10 per share to $163.45. The company announced it would not participate in a March auction for Russian potash mineral reserves because market conditions weren’t right.

After a 217% jump in its share price, Opawica Explorations saw the highest percentage increase over the period. The stock jumped 74 to $1.08 apiece on results from eight holes drilled at Opawica’s Atikwa Lake property, 120 km southeast of Kenora, Ont. Hole AT-08-01 intersected a gold and copper zone. A 183-metre intersection graded 1.54

TSX most active issues

grams gold per tonne and 0.39% copper, including about 7 metres grading 4.02 grams gold and 0.87% copper and 27 metres grading 6.43 grams gold and 1.32% copper.

Mega Uraniumshares climbed 44.8% over the period to $3.39 per share after the company released third-phase drill results from the Mustang Lake and Bruce River properties, in Labrador — both part of a 50% joint venture with Santoy Resources. At Mustang

TSX greatest percentage change

Lake, drilling returned 1 metre grading 0.197% U3O8, 60 cm grading 0.167% U3O8 and 98 cm grading 0.11% U3O8. Three holes drilled to a combined 402 metres at Bruce River returned 30 cm grading 0.237% U3O8.

Gammon Gold shares rose 44% to $8.97 each. At US$505 per oz., the company’s cash costs were 14.3% lower in January than the fourth quarter, and about 34% lower than the third quarter.

TSX greatest value change

		VOLUME		WEEK
		( 000s)	HIGH	LOW	CLOSE	CHANGE
Uranium One	UUU	76181	6.85	4.50	5.05	– 1.59
Breakwater Res	BWR	42383	1.48	1.25	1.43	+ 0.13
Eastern Platin	ELR	39408	3.51	3.33	3.43	+ 0.03
Yamana Gold	YRI	34878	17.36	15.75	16.94	+ 1.59
Lundin Mng	LUN	29542	8.20	7.62	8.15	+ 0.27
Paladin Energy	PDN	26627	5.46	4.93	5.32	– 0.08
Silver Wheaton	SLW	25338	16.85	15.75	16.44	+ 1.09
Kinross Gold	K	23189	24.72	22.77	23.79	+ 1.48
Goldcorp	G	19763	41.42	37.93	40.95	+ 3.76
Timminco	TIM	19226	22.98	17.26	22.35	+ 5.20

		VOLUME		WEEK
		( 000s)	HIGH	LOW	CLOSE	CHANGE
Opawica Expl	OPW	12849	1.64	0.35	1.08	+ 217.6
Coalcorp wt	CCJ_ T	953	0.24	0.13	0.225	+ 66.6
Mega Uranium	MGA	3003	3.40	2.32	3.39	+ 44.8
Gammon Gold	GAM	3440	8.80	6.36	8.79	+ 44.1
Moto Gold Mine	MGL	3497	6.09	4.50	5.70	+ 40.0
North Am Pall	PDL	4605	9.45	7.29	9.21	+ 36.2
Timminco	TIM	19226	22.98	17.26	22.35	+ 30.3
GBS Gold Intl	GBS	2886	1.62	1.18	1.55	+ 29.1
Constel Copper	CCU	6825	0.09	0.065	0.09	+ 28.5
Caledonia Mng	CAL	5207	0.215	0.155	0.19	+ 26.6
New Gold wt	NGD_ T	4185	0.015	0.005	0.01	– 33.3
Avnel Gold	AVK	38	0.33	0.28	0.28	– 26.3
Uranium One	UUU	76181	6.85	4.50	5.05	– 23.9
Sulliden Expl	SUE	361	0.37	0.285	0.285	– 14.9
First Uranium	FIU	2451	9.43	7.90	8.05	– 14.2
African Copper	ACU	82	1.09	0.99	0.99	– 13.9
Anatolia Minls	ANO	1917	4.98	3.70	4.02	– 13.1
Horizns G Bear	HGD	4280	10.28	8.86	9.59	– 11.1
Golden Peaks	GL	54	1.60	1.37	1.39	– 10.9
Bannerman Res	BAN	46	2.36	2.05	2.10	– 10.6

WEEK
		VOLUME	CLOSE	CHANGE
Inmet Mining	IMN	2473679	89.87	+ 17.44
Potash Cp Sask	POT	6714934	163.45	+ 14.10
First Quantum	FM	5187471	90.95	+ 13.55
Agrium	AGU	6603706	73.98	+ 8.20
Timminco	TIM	192264 53	22.35	+ 5.20
Fording C C T	FDG_ U	4978825	51.32	+ 4.32
Teck Comin B	TCKB	17274524	37.37	+ 4.09
FNX Mining	FNX	3558960	31.36	+ 3.95
Russell Metals	RUS	3042510	27.17	+ 3.80
Goldcorp	G	19763260	40.95	+ 3.76
Uranium One	UUU	76181132	5.05	– 1.59
First Uranium	FIU	2451240	8.05	– 1.34
Horizns G Bear	HGD	4279653	9.59	– 1.20
Major Drilling	MDI	833298	53.88	– 0.87
Quadra Mng	QUA	6203217	21.06	– 0.84
Kirkland Lk Gd	KGI	502260	10.60	– 0.63
Anatolia Minls	ANO	1917230	4.02	– 0.61
Imperial Metal	III	245525	8.63	– 0.51
Mag Silver	MAG	738094	12.10	– 0.35
Bannerman Res	BAN	45700	2.10	– 0.25