TSE SHORT POSITIONS (August 05, 1996)

Short positions outstanding at July 15, 1996

Larger individual positions included: Agnico-Eagle 174,933, down 191,410; Arequipa 114,010, down 122,900; Anvil Range Mining 433,900; Atna Resources 98,800, up 53,700; Barrick Gold 9,397,570, up 1,109,341; Battle Mountain Gold 164,720, up 164,720; Bema Gold 3,142,279, down 540,647; Bolivar Goldfields 152,000, up 152,000; Bre-X Minerals 133,200; Caledonia Mining 252,100; Cambiex Exploration 52,000, up 52,000; Campbell 499,200, down 2,041,900; Canadian Natural 2,549,775, up 1,328,475; Cathedral Gold 10,901. down 96,250; Cominco 418,307; CS Resources 1,793,375, up 51,975; Dayton Mining 403,754; Dofasco 3,704,734, down 51,300; Echo Bay Mines 161,364; Euro-Nevada Mining 764,444, up 225,072; Falconbridge 337,800, down 779,400; Franco-Nevada 141,166, up 69,283; Goldcorp SvA 141,166, up 69,283; Golden Shamrock 6,170,865, up 549,342; Golden Star 193,450; Gold Reserve 35,200, down 302,300; Greenstone 2,222,708; Gulf Canada 392,885, up 271,464; Hemlo Gold 636,200, down 59,160; Inco 2,186,316, down 140,419; Inmet Mining 1,215,846; Kinross Gold 994,940, down 157,806; KWG Resources 96,700, down 60,458; Lytton Minerals 100,934; Metallica Resources 80,800, down 66,500; Minorca Resources 106,300, up 54,500;Muscocho 141,400; Noranda 1,338,235, down 83,300; Norcen Energy 290,563; Northfield Minerals 116,200, up 62,700; Pangea Goldfields 137,378; Placer Dome 2,217,457, down 240,728; Princeton Mining 1,238,441, down 979,959; Queenstake 404,500, up 164,400; Rea Gold 278,600, down 189,700; Rio Alto Exploration 2,000, down 72,900; Royal Oak Mines 146,237; Santa Cruz Gold 584,700, up 524,700; Sikaman Gold 835,500, down 300,000; Teck SvB 2,210,829, up 135,858; TVI Pacific 0, down 127,000; TVX Gold 823,110, up 110,785; United Keno Hill 447,800; Viceroy Resources 206,000; William Resources 667,300, down 874,930.