TSE SHORTS (November 30, 1998)

Short positions outstanding at November 15, 1998

Larger individual positions include: Abitibi Consolidated 1,138,990; Alcan Aluminium 1,358,606, up 274,401; Anderson Exploration 214,560; Asia Pacific Resources 146,900; Barrick Gold 19,581,576, up 1,354,151; Bema Gold 138,000; Campbell Resources 443,058, down 240,772; Canadian Natural Resources 249,657; Cross Lake Minerals 105,500; Dayton Mining 637,077; Echo Bay Mines 439,740; Eldorado Gold 760,235, up 123,000; Euro-Nevada Mining 1,221,949, up 532,127; Falconbridge 354,755, down 99,200; First Dynasty Mines 0, down 93,500; Fortune Minerals 119,500; Franco-Nevada Mining 1,377,960, up 106,157; Geonova Explorations 101,000, up 101,100; Greenstone Resources 269,600, down 71,895; Gulf Canada 1,252,163, down 94,940; Iamgold 282,084, up 188,900; Inco 5,266,892, up 252,803; Kap Resources 103,300; Kinross Gold 170,240; New Blue Ribbon Resources 148,500, up 88,500; Noranda 1,089,813, down 268,850; Pacalta Resources 340,500; Placer Dome 2,413,812, up 87,100; Probe Exploration 810,700; Rea Gold 1,100,500; Rio Algom 2,752,149, up 229,525; Royaledge Resources 310,000, up 310,000; Royal Oak Mines 2,071,923, down 106,800; Sherritt Int’l 18,537,519, down 271,235; Tenke Mining 191,000, up 191,000; Tiomin Resources 183,500; TVX Gold 225,072, down 292,785; Vengold 252,700; Vista Gold 845,261; William Resources 2,202,816.