TSE Short Positions (May 27, 2002)

Short positions outstanding at May 15, 2002

Larger individual positions include

Aber Diamond 362,698 up 163,201; Agnico-Eagle 5,097,435 up 79,022; Alcan 1,219,027 up 307,302; Aurado 571,812 up 336,812; Barrick 8,778,121 down 404,058; Bema 3,876,174 up 2,906,307; Brascan Cl ‘A’ 1,549,127 up 84,537; Breckenridge 120,000 up 120,000; Cambior 2,692,900 up 1,561,300; Crystallex 443,969 up 145,701; Echo Bay 2,047,109 up 2,010,879; Eldorado 1,022,600 down 742,511; Falconbridge 211,478 down 106,905; Fort Knox 122,200 down 122,800; Glamis 1,539,922 up 309,308; Goldcorp 2,757,995 down 897,057; High River 150,000 up 50,000; Inco 12,345,931 up 197,817; Kensington 263,525 up 117,725; Kinross Gold 12,446,392 up 3,100,215; Lionore Mining 347,331 up 190,262; Masonite Int’l Corp. 852,801 down 218,395; Mcwatters Mining 1,678,600 down 1,334,450; Miramar 558,161 up 160,861; Noranda 1,793,875 down 154,150; Northgate 592,800 up 459,400; Novagold 1,246,063 up 117,132; Pure Gold 604,600 up 63,000; Romarco 200,000 up 200,000; Seabridge 342,739 up 342,139; Sherritt Int’l Rv 10,824,846 up 82,735; Wolfden 114,100 up 76,100