TSE Short Positions (August 22, 1994)

Semi-monthly reports as of July 31, 1994 showed 279,336,594 shares of 859 issues compared with 254,514,545 shares of 892 issues on July 15, 1994.

Larger individual positions included: Aber 144,200, up 32,700; Acadia Min. 0, down 113,000; Adex M’g. 39,900, up 38,100; Adrian Res. 85,400, down 54,700; Agnico-Eagle 64,100, up 38,400; Amer. Barrick 3,800,177, up 260,800; Archer Res. 147,533, up 134,033; Arimetco Intl. 582,500; Aurizon Mines 0, down 87,941; Battle Mountain 173,064, down 71,690; Bema Gold 177,900; Breakwater Res. 55,000, up 49,000; Caledonia M’g. 98,200; Cambior 856,300, up 32,000; Cameco 1,877,000, up 28,600; Chauvco Res. 3,000, down 101,600; Cominco Ltd. 22,400, down 133,900; Cominco Res. Intl. 324,100, up 221,100; Comstate Res. 0, down 50,000; Cons. Ramrod 68,100, down 44,200; Cusac Ind. 557, down 34,650; Czar Res. 389,800; Dayton M’g. 376,600; Deak Res. 244,400, down 66,000; Dofasco 3,940,016, up 423,919; Echo Bay 860,432, up 431,779; Eden Roc Min. 66,400; Euro-Nevada 478,900, down 40,600; Falconbridge 385,700, down 81,200; Franco-Nevada M’g. 285,229, down 3,538,471; Gold Reserve 17,350, down 186,850; Golden Star 253,700, down 84,600; Greater Lenora 61,500; Hemlo Gold 676,895, up 30,904; High River 347,867, up 327,867; Inco 722,961, up 52,838; Intensity Res. 143,332, up 105,995; Int’l. Curator 50,000, up 36,600; Intl. Gold Res. 33,500, down 30,800; Kinross Gold 207,430; Lac Minerals 1,768,400, up 1,001,700; Lytton Min. 557,500, down 27,000; Mark Res. 665,038, up 437,268; Metall M’g. 2,270,498, up 640,196; Minera Rayrock svA 694,430, up 28,200; Miramar M’g. 847,628, down 33,247; Muscocho Expl. 23,400, down 141,400; Noranda 4,168,135, up 250,152; Novicourt 602,400, up 462,000; Orvana Minerals 68,600; Pacific Gold 53,242; Pegasus Gold 53,300, up 26,400; Petromet Res. 692,250, down 29,350; Pinnacle Res. 41,599, down 43,400; Pioneer Metals 54,500, up 37,500; Placer Dome 1,777,400, up 178,900; Potash Corp. of Sask. 849,232, down 227,859; Queenstake 60,200; Rayrock Yellowknife 3,000, down 331,000; Repadre Capital 76,600; Rio Algom 639,200, up 107,120; Rio Alto 13,100, down 158,500; Rio Narcea Gold Mine 0, down 29,800; Royal Oak 2,617,615; Sceptre Res. 21,100, down 273,400; Sherritt Inc. 593,200, down 498,000; SouthernEra 93,800; Southwestern Gold 53,600, up 41,900; St. Genevieve Res. 8,900, down 59,600; Teck svB 1,754,340, up 538,271; Triton M’g 305,100, up 305,100; TVX Gold 65,500; Tyler Res. 77,636; Western Copper 21,634, down 30,600; Western Garnet 558,600.