TSX SHORT POSITIONS (July 28, 2008)

Short positions outstanding at July 15/08 (with changes from June 30/08).

Largest short positions
Lundin Mining LUN 31337786 8524751
Cameco CCO 19771917 -313534
Ivanhoe IVN 19228887 2323013
Uranium One UUU 14467941 -165895
Eastern Plat ELR 13992417 -706270
Kinross Gold K 12482488 -356678
Silver Wheaton SLW 10971322 472598
Yamana Gold YRI 10702018 -6226981
New Gold NGD 10541305 7908368
Iamgold IMG 10136263 4987
Thompson Creek TCM 8772264 -119344
Barrick Gold ABX 8102917 298383
Teck Cominco TCK. B 7843243 680966
FNX Mining FNX 7793726 2555153
Eldorado Gold ELD 7647977 -2651319
Largest increase in short position
Lundin Mining LUN 31337786 8524751
New Gold NGD 10541305 7908368
FNX Mining FNX 7793726 2555153
Ivanhoe IVN 19228887 2323013
Orsu Metals OSU 2210300 2210300
Largest decrease in short position
Yamana Gold YRI 10702018 -6226981
Eldorado Gold ELD 7647977 -2651319
Phoenix Coal PHC 1805032 -1782702
Red Back Mining RBI 4637394 -1578377
Hudbay Minerals HBM 5563402 -1255225
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