TSE Short positions outstanding at December 29, 1995

Larger individual positions included: Barrick Gold 6,246,906; Agnico-Eagle 121,543; Bema Gold 1,152,400; Caledonia M’g 274,300; Cambior 106,775; Campbell 1,046,900; CS Res. 1,011,100; Cons Ramrod Gold 249,500; Dayton M’g 1,995,772; Echo Bay 385,703; Euro-Nevada M’g 246,752; Gulf Canada 157,944; Greenstone Res. 165,208; Golden Shamrock 2,004,335; Goldstake Expl. 109,000; Hemlo Gold 651,980; Inmet M’g 1,870,087; Kinross Gold 1,166,141; Lytton Min. 127,200; Manson Creek 100,000; Muscocho Expl. 141,700; Noranda 1,145,726; Placer Dome 1,537,810; Pegasus Gold 140,200; Petromet Res. 114,782; Rio Algom 189,016; Royal Oak 1,948,592; TVX Gold 103,744; United Keno Hill 119,000; Westmin Res. 164,900.